Chicago sets Minimum wage for Large Retailers

Since I’m not a big fan of the minimum wage, needless to say I find this action disagreeable. I’m sure the law of “unintended consequences” will raise it’s ugly head. I find it somewhat amusing that Mayor Richard Daily doesn’t agree with the law…

Mayor Richard M. Daley and others warned the living wage proposal would drive jobs and desperately needed development from some of the city’s poorest neighborhoods and lead giants like Wal-Mart to abandon the city.

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