How Would Proposed Hike in Maryland's Minimum Wage Affect Local Businesses?
A local grocery store manager and an economics professor weigh in on the topic.
As reported by Germantown Patch on Tuesday, a Maryland lawmaker is introducing legislation seeking to raise the state's minimum wage from its current rate of $7.25 per hour to $10 per hour by 2015. When the Patient Protection and Affordable Care Act, often called Obamacare, was passed by U.S. Congress, a number of business leaders, including Papa John's CEO John Schnatter, expressed concerns over the negative financial effect the law would have on businesses. Curt Grimm, professor at the Robert H. Smith School of Business at the University of Maryland, College Park, said he expects there to be a "big outcry from the business community—they have to protect their own interests"—but is not sure it will rise to the level of resistance to …
walt
1:11 pm on Monday, January 28, 2013
almost 100 years of minimum wage laws in the USA, and liberals are still using it to make everyone "equal." So a burger flipper should make as much as a highly trained doctor or professional? Of course not. And they never will. Minimum wage means companies will find more creative ways to not hire unskilled workers. more ›