The minimum wage law that took effect Monday guarantees at least $20-per-hour for workers at fast food restaurant chains with at least 60 locations nationwide.
I think this is good, still this isn’t free market exactly - a law was just passed mandating a pay floor in an adjacent industry. It’s a regulated market, which is good because it’s lifting the floor for others as well.
I think this is good, still this isn’t free market exactly - a law was just passed mandating a pay floor in an adjacent industry. It’s a regulated market, which is good because it’s lifting the floor for others as well.