An alternative take on the issue of the minimum wage and its impact on business — from the folks at the liberal Institute for Policy Studies. Rather than bemoan the likely lost business, it appears that some business owners view the federal hike as necessary:
Prince has joined several hundred business owners in signing a public petition of business owners and leaders who support a hike in the federal minimum wage. The effort is coordinated by the interfaith coalition Let Justice Roll and a network currently in formation called Business for Shared Prosperity.
Some of the well-known signers include Jim Sinegal, CEO of Costco; Eileen Fisher, CEO of apparel giant named after her; Margot Dorfman, CEO of the U.S. Women’s Chamber of Commerce, and Bill Foster, the cofounder of Electronic Theater Controls.
A vote in the Senate could come tomorrow.
South Brunswick Post, The Cranbury Press
The Blog of South Brunswick
Hank Kalet 