Bill, Never was it going to be a one step increase. Always planned to be phased in incrementally over the next 5 years.
There’s an addition to the hike in minimum wage. The Pro Act. If passed, in the 27 states that have right to work laws, the independents working in unionized businesses will have to pay union dues. Coupled with that the voting process for unionization of a business will no longer be private. With open voting, the potential for targeting individuals voting against the union is extremely high. Biden said he was going to raise wages and help push the unions and I guess he or someone pulling the strings is doing just that.