Even if Vermont decides to reverse course after they pass minimum wage legislation, we will still have to deal with a unhealthy labor market for years to come. This is why it is so important that Vermonters say no to a $15 minimum wage while we have the chance.
Internal polling conducted on behalf of the Democratic Party reveals the party is focusing on raising the minimum wage at a time when voters are more concerned with other issues.
Kahler suggested that if Vermont’s small business owners were just smarter and worked harder they could afford the proposed massive increase in wages.
Workers from various fast food chains as well as other restaurants across the U.S. spent their labor day on strike demanding a $15 an hour minimum wage.
If some legislators get their way, Vermont will adopt a $15 minimum wage as soon as Jan. 1, 2019.
The market equilibrium minimum wage — which allows employers to attract workers — is about $11 per hour. The proposed $15 minimum marks a 30 percent increase in what is many employers’ biggest expense.