Posts tagged minimum wage hike
Wealth creators stung by Michigan minimum wage ruling
August 2, 2024 // About 40% of Michigan restaurants could go bankrupt as this ruling takes effect, Rep. Noah Arbit, D-West Bloomfield, posted on social media: “40% of restaurants across Michigan could go out of business when the tip credit skyrockets,” Arbit wrote. “Thousands of servers will be laid off. I look forward to working w/ colleagues and partners on a fix that will not leave our beloved community restaurants on a cliff-edge this winter.”
A Democratic Lawmaker Sold Her Small Business. Now She Favors a $15 Minimum Wage.
April 29, 2022 // In 2019, Luria became a cosponsor of the Democrats' Raise the Wage Act, which explicitly ignores the localized conditions that Luria pledged to consider. Earlier this year, she once again voted in support of the federal $15 minimum wage, which was included in the COVID relief bill passed by the House.
Trust the Experts: Economists Across Board Say Min Wage Hike Would Spike Inflation
April 28, 2022 // Nearly 80 percent of studies conducted since 1992 found that an increased minimum wage decreases the level of employment. Michael Saltsman, the managing director of the Employment Policies Institute, said Democrats have pushed for a $15 minimum wage even as economists warn it will decimate jobs.