“Wal-Mart swiftly announced the abandonment of plans to open at least three stores in the District of Columbia following a vote by the city council to pass the Large Retailer Accountability Act, which effectively mandated a super minimum wage of $12.50 an hour that applied only to Wal-Mart. As a result, the residents of D.C.’s Ward 7– with a poverty rate of 34 percent and an unemployment rate of 17 percent – will now be denied a source of new jobs and inexpensive groceries and goods. Increasing the minimum wage beyond the productivity of the worker inflicts damage on the poor and the unskilled – the very people it is ostensibly designed to help.”

http://www.usnews.com/opinion/blogs/economic-intelligence/2013/07/15/dcs-super-minimum-wage-for-walmart-is-a-super-bad-idea

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