DC to Walmart: Screw you
Nice to see some good news from a local government for a change. Walmart threatened to cancel their ambitious building projects in DC if the local council didn't kill legislation they disapproved of but the DC Council passed a living wage law anyway.
D.C. lawmakers gave final approval Wednesday to a bill requiring some large retailers to pay their employees a 50 percent premium over the city’s minimum wage, a day after Wal-Mart warned that the law would jeopardize its plans in the city.Good for DC for recognizing wages need to be pinned to the actual cost of living. Every city should pass a law that requires these mega-retailers to pay their employees enough so they don't need government assistance to survive. And certainly well past time for someone to stand up to Walmart's intimidation tactics. Let them take their greedy business model of wringing out their profits by shifting the social costs of underpaying their workers onto the taxpayers and shove it.
Should the bill be signed by Mayor Vincent C. Gray (D) and pass a congressional review period, retailers with corporate sales of $1 billion or more and operating in spaces 75,000 square feet or larger would be required to pay employees no less than $12.50 an hour. The city’s minimum wage is $8.25, a dollar higher than the federal minimum wage.