Independent Joe #58 October/November

Each of us makes commitments that help define the direction of our lives. These include personal commitments to our spouse, family members and friends, and professional commitments to our employer, co-workers and partners. Webster’s defines commitment as, “The state or quality of being dedicated to a cause, activity, etc.,” and Matt Light, our featured speaker…

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Elections Have Consequences

In most states, elections were held earlier this week and we want to just touch on a couple of results as they may become relevant to business issues in the future. First off, up in Portland Maine, incumbent progressive Mayor Ethan Strimling was eliminated before the final round in the ranked-choice local election. He defined…

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Florida Wage Question Clearing Signature Hurdle

The effort to put a minimum wage increase to $15 on the Florida ballot has moved that much closer to reality as advocates have submitted over 763,000 valid voter signatures already. Florida For a Fair Wage, the primary sponsor of the initiative, must to collect and submit at least 766,200 voter signatures by February to…

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Target Goes To $15, Cuts Hours

Retail giant Target is just one of a host of major retailers that, with much fanfare, announced they would raise the minimum wage for all of their employees to $15/hour. Target made the announcement back in 2017, followed by a number of other big-box stores, committing to bring all employee pay up to a minimum…

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Minimum Wage Veto, Prospects and Impact

We’ve got 3 dimensions of the nation minimum wage debate to report to you this week and each coming from a different east coast state. First, New Hampshire Governor Chris Sununu stayed true to his word when he vetoed legislation that would have increased the current state minimum wage of $7.25 per hour. SB 10…

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Heading To the Ballot?

Speaking of minimum wage increase proposals, advocates in two states are aiming to put a minimum wage increase question on the ballot for voters to decide. First, in Florida, attorney John Morgan, who has been spearheading an effort to increase the state minimum wage (currently $8.46/hour), claimed this week that he had collected over a…

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US House Votes To Hike Minimum Wage

Despite months of intra-party fighting among different factions within the democratic membership, the U.S. House of Representatives approved a six-year phased increase in the federal minimum wage yesterday. The final vote of 233-199 in favor of more than doubling the current minimum of $7.25 to $15 an hour by 2025 came after a concerted effort…

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“Raise The Wage” Will Cost 1.3 Million Jobs

Just last week, we advised of a study by the left-leaning UCal Berkeley Institute for Research on Labor and Employment that concluded raising the federal minimum wage by more than 100% over a five year span would not negatively impact employment. Well, this week the non-partisan Congressional Budget Office (CBO) sprinkled a little bit of…

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House Planning July Vote on $15 Minimum

By the end of next week, the US House will likely be recessing for the July 4th holiday and when it reconvenes thereafter, House democratic leaders anticipate bringing the “Raise The Wage Act” up for a formal floor vote. The legislation, filed by Education & Labor Committee Chairman Representative Scott (D-VA), would raise the current…

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Connecticut Hikes Minimum Wage to $15

With final passage of a new minimum wage law in Connecticut happening last week, it is only a matter of time – and likely only days – until it is officially ‘on the books’. Governor Ned Lamont has promised to sign the bill into law. In its final form, HB 5004, An Act Increasing the…

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