Ok... maybe that's a bit harsh, but I do not agree with this at all.
Chicago passes "Living Wage" ordinance.
People love the slippery slope around here, so I guess it won't be long until the local high school drop-outs get more pay and benefits than the people who worked hard and went to college.The ordinance, which passed 35-14 Wednesday after three hours of impassioned debate, requires mega-retailers to pay wages of at least $10 an hour plus $3 in fringe benefits by mid-2010.
Passing legislation like this has more negative side effects than positive. Alot of people in the US are already deluded enough about how much money their small skillsets and lack of ambition to work are worth. This just stiffles business in the US and sends more jobs overseas, where people are willing to work harder. Raising the minimum wage isn't the answer. Innovation (education) and creating jobs that developing countries cannot fulfill is the only way to alleviate the situation this legislation is trying to redress.