Bloomberg BusinessWeek: Higher Minimum Wage? Small Business Doesn't Mind
By Karen E. Klein and Nick Leiber
Bloomberg BusinessWeek, February 21, 2013
President Barack Obama’s recent proposal to raise the federal minimum wage from $7.25 to $9 an hour by the end of 2015 has an unlikely ally: a sizable swath of America’s 6 million small employers.... Now, with public anger over income inequality deepening and economic research challenging the notion that higher wages suppress employment, a growing number of small business advocates support a hike.
That includes dozens of business groups and networks composed primarily of small business owners such as the Main Street...