Restaurant Hospitality: A $15 federal minimum wage would boost salaries of 17 million workers, CBO says

By Joanna Fantozzi
Restaurant Hospitality, July 12, 2019

... “What motivates our employers all over the country is that it’s bad for business when working people can’t afford the basics,” Alissa Barron-Menza, vice president of business advocacy group Business for a Fair Minimum Wage, said.

“When minimum wages are worth less in spending power than they were in 1950, then more people will work more hours and jobs just to get by. Businesses need customers who have money to spend, and when you raise the minimum wage, they can do that. That boost in spending is huge for businesses.”

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