Politics

A $15 Minimum Wage Will Crush the Retail Industry

minimum wagefrom – NY Post – by Nicole Gelinas

Last week, Hillary Clinton’s Democratic Party officially adopted a $15 minimum wage as party of the 2016 platform.

If Clinton succeeds in getting this past Congress, it would disproportionately affect retail trade at a time when retail giants and small-business owners alike already have enough reasons to slash costs.

he federal minimum wage is $7.25. Most retail workers make above that — but they don’t make anywhere close to $15…

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