minimum wage tagged posts

So legions of fast food workers across America are beginning to flex whatever muscle it turns out they might have to ask for $15 an hour, more than double the federal minimum hourly wage of $7.25 and almost $6 an hour more than the industry’s current average salary of $9.03 an hour. Predictably, industry officials are howling, claiming how bad for the workers this would actually be, leading to higher prices when they buy food, shuttered restaurants, lost jobs, and other economic calamities.

Funny how executive pay and benefits increases—not to mention stock options and multi-million dollar bonuses—never seem to have the same effect...