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  • Senate shoots down additional minimum wage increase

    As expected, a majority in the Senate voted against an additional 1.2 percent increase in the minimum wage on Tuesday. The BBB announced last week that it would vote against the law that regulated the increase, making it clear there would be no majority support.

  • California's New Minimum Wage: A Cure That Exacerbates The Sickness

    California's New Minimum Wage: A Cure That Exacerbates The Sickness Via SchiffGold.com, The solution to a problem shouldn’t make the problem worse. But apparently, California’s policy makers missed that memo. On April 1st, the state instituted a $20 minimum wage for fast food workers, the highest in the US. With California’s absurdly high cost of living, the policy appeared to make life more manageable for low-income residents. Unfortunately, as the adage goes, “If it sounds...

  • $20 Minimum Wage Backfires as Restaurants See Orders Plummet

    A law calling for a $20 minimum wage has led to brutal backlash as customers opt out of ordering delivery in Seattle, Washington.The Seattle City Council is in the middle of deciding whether to pass a new law that would adjust its prior PayUp bill that went into effect in 2022.The PayUp law enforced a minimum wage for gig workers, which includes delivery drivers for local restaurants and platforms like Uber Eats and DoorDash. Under PayUp, delivery drivers made $26 per hour before accounting for...