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How Would Proposed Hike in Maryland's Minimum Wage Affect Local Businesses?
Local grocery store manager and an economics professor weigh in on topic.
As reported by Germantown Patch on Tuesday, a Maryland lawmaker is introducing legislation seeking to raise the state's minimum wage from its current rate of $7.25 per hour to $10.00 per hour by 2015. When the Patient Protection and Affordable Care Act, often called Obamacare, was passed by Congress, a number of business leaders, including Papa John's CEO John Schnatter expressed concerns over the negative financial effect the law would have on business. Curt Grimm, professor at Robert H. Smith School of Business, University of Maryland College Park, said that he expects there to be a "big outcry from the business community—they have to protect their own interests" but is not sure it will rise to the level of resistance to Obamacare. …
Angela Fiori
12:58 pm on Friday, February 1, 2013
Professor Grimm would like to see electronic order takers rather than live human beings taking orders. In other words, put more people out of work so that we can pay the lucky ones who keep their jobs an extra couple dollars an hour. Nice. more ›