When Walmart’s top executive urged Congress to boost the federal minimum wage to $15 an hour nationwide, it added fuel to an already contentious debate. Supporters of a $15 wage say it’s good for workers and for businesses, which benefit from having less turnover. Opponents say that while big corporations can afford to hike entry-level workers’ pay, their smaller competitors might not be able to do so and stay in business.
Source: New feed 2