Politicians have well-documented problems when it comes to maintaining a budget. At least 31 states (including West Virginia) faced a budget shortfall this fiscal year. The federal government is much worse. The debt is over $20 trillion and Washington cannot pass a balanced budget.
However, that does not stop politicians from exerting their will on the budgets of private sector employers by, among other things, determining the value of labor. Twenty-one states and Washington, D.C., raised their minimum wage this year and 15 more states will impose an increase January 1. (The federal minimum wage is $7.25 an hour.)
Senator Bernie […]
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