Rocky Mountain Voice

Tag: Minimum Wage

New York’s Collectivist Experiment: A Cautionary Tale for Colorado Too
Rocky Mountain Voice, Commentary, National, Top Stories

New York’s Collectivist Experiment: A Cautionary Tale for Colorado Too

By Shaina Cole | Contributing Writer, Commentary, Rocky Mountain Voice In his inaugural remarks, Mayor Zohran Mamdani said New York should “replace the frigidity of rugged individualism with the warmth of collectivism.”  https://twitter.com/FoxNews/status/2006823362182394125?s=20 It sounded philosophical. For many residents listening, though, it also sounded practical—a signal that the city was preparing to step in more forcefully as everyday costs continued to rise. This shift, driven by mounting financial pressures on families, risks long-term trade-offs in housing supply, job growth, public services, and safety—are issues explored below. The appeal of collectivism in a city like New York does not begin with theory. It begins with pressure. ...
Colorado Businesses Warn State Policies Threaten Economic Future
DENVER7, Approved, State

Colorado Businesses Warn State Policies Threaten Economic Future

By Dan Grossman | Denver7 The sentiment comes from the latest Colorado Businesses Roundtable fall outlook survey and points to Colorado's affordability issues and regulatory environment. DENVER — Colorado businesses said they’re almost twice as worried about our state’s economic future as they are about the nation’s. This is from the Colorado Business Roundtable survey that just came out. The survey asked 50 business executives about what’s concerning them. The responses point toward Colorado’s affordability issues and policies supporting workers. “What we've been seeing over time is really the layering on effect of regulation, rules for businesses that really add a cost of doing business to Colorado,” Colorado Business Roundtable President Debbie Brown said. “When the eco...
Minimum wage hikes sound compassionate but close the door on opportunity
Rasmussen Reports, Approved, Commentary, National

Minimum wage hikes sound compassionate but close the door on opportunity

By Brian Joondeph | Commentary, Rasmussen Reports A new Rasmussen Reports survey reveals that 40% of Americans now believe the minimum wage should be at least $15 an hour, up from 36% a year ago. That’s a strong sentiment. After all, who doesn’t want working Americans to earn more? But compassion and sound economics are two very different things. In fact, the optimal minimum wage from an economic perspective is zero. This isn't an insult to workers but a recognition that government cannot create prosperity by decree, despite campaign promises. When wages are set by law instead of supply and demand, the first casualties are often those who need an entry point, such as teenagers, part-time workers, and adults looking for a second job to supplement their income. Contrary to...
Fewer teens working as minimum wage hikes cut entry-level jobs
The Daily Signal, Approved, Commentary, National

Fewer teens working as minimum wage hikes cut entry-level jobs

By Rachel Greszler | Commentary, The Daily Signal As an older millennial, my high school and college summers were defined largely by the jobs I held. Not many of today’s teens can say the same. Once a rite of passage, teen jobs are now endangered. Just 35% of 16- to 19-year-olds worked last summer, down from 54% in 2000. It’s a big deal. My only purpose in working as a teen was to earn as much money as possible. But I now realize the experience and life lessons those jobs provided were far more valuable. Low-wage, entry-level jobs provide the perfect opportunity for young people to learn the importance of key skills: showing up on time, getting along with co-workers, demonstrating respect and kindness toward customers who may lack both, and...
Restaurants win relief as Colorado bill leaves wage hikes to local control
Approved, Axios, State

Restaurants win relief as Colorado bill leaves wage hikes to local control

By John Frank | Axios Denver The nasty fight at the Colorado Capitol over how much to pay tipped restaurant workers ended in a standoff this week. The big picture: Gov. Jared Polis signed the Restaurant Relief Act into Colorado law on Tuesday, with backing from the Colorado Restaurant Association and other major industry organizations. Why it matters: The result is a victory for the opposition, which mounted an aggressive campaign against the legislation, though it gives cash-pinched restaurant owners another chance to make their case at the local level. Threat level: The state's restaurant industry faces a crisis, with as many as 200 closing statewide last year — a majority of which operated in Denver — partially prompting the legislative proposal...
Colorado legislature passes bill punting to local governments on how much restaurant servers are paid
Approved, State, The Colorado Sun

Colorado legislature passes bill punting to local governments on how much restaurant servers are paid

By Tamara Chuang | The Colorado Sun A contentious bill pitting many restaurant owners against workers over how much tipped employees should earn was approved by the Colorado legislature Tuesday, with the restaurant industry feeling like it had achieved a small victory.  While the industry sought to offset tipped workers’ paychecks with more of their gratuities, therefore reducing their base pay in some scenarios, the decision has been punted to local governments.  Under House Bill 1208, which now heads to Gov. Jared Polis, relief won’t come immediately — if ever. Especially not in Denver, where dozens of restaurant owners testified that high minimum wages exacerbated their struggles to survive and keep up with rising food, rent and insurance costs. Some members on Denver...
Niwot residents urge Boulder County to pause minimum wage ordinance harming small businesses
Approved, Left Hand Valley Courier, Local

Niwot residents urge Boulder County to pause minimum wage ordinance harming small businesses

By Peggy B. Graham | Left Hand Valley Courier During the Boulder County Commissioners' public comment session on April 3, several Niwot residents addressed the commissioners with significant concerns about the detrimental effects of the current minimum wage ordinance on Niwot's small businesses. Ordinance 2023-4, which took effect on January 1, 2024, established the minimum wage for unincorporated Boulder County at $16.57 per hour this year, $1.76 higher than the neighboring incorporated towns and cities, except Boulder, which is still lower than the county ordinance. The ordinance mandates annual increases, reaching $25 per hour by 2030, and then further adjusting in accordance with the Consumer Price Index. Notably, most larger municipalities within...
House Bill 1208: Price controls for a minimum wage mistake
Approved, completecolorado.com, State

House Bill 1208: Price controls for a minimum wage mistake

By Ari Armstrong, Complete Colorado What happens when the price of eggs soars? People buy fewer eggs and start looking for substitutes. What would happen if, say, government set a $10 minimum price on a dozen eggs, higher than the usual price in stores these days? People would buy fewer eggs, yet producers would want to sell all the eggs they could. Some eggs would sit around unpurchased. No one disputes the economics of price controls on eggs. (We can leave to another day discussion of legislative attempts to set de facto price limits on products.) But, somehow, when it comes to wages, we’re supposed to throw basic economics out the window and pretend that price controls don’t matter. Obviously no one thinks that price controls never matter. If government set a minimum price of a...
Higher minimum wage in Boulder, Colorado puts strain on local restaurants
Approved, CBS Colorado, Local

Higher minimum wage in Boulder, Colorado puts strain on local restaurants

By Sarah Horbacewicz | CBS Colorado In November, Boulder voters approved the increase of minimum wage in the city from $14.42 to $15.57 per hour, which went into effect on Jan. 1. As the new year begins, Peter Waters, the T/aco restaurant owner, is taking a close look at his budget. "We have about 50,000 labor hours a year, so $1.10 increase, you can do the math, is a quick $55,000 that we need to figure out how to adjust for in the coming year," Waters said. One of those adjustments will show up on menu prices which is T/aco's first raise since the COVID-10 pandemic. "In addition to price increases, we are going to have to start adjusting labor hours and asking more of our staff," Waters said. READ THE FULL STORY AT CBS COLORADO
Map details where the minimum wage is — and isn’t — increasing in 2025
Approved, kdvr.com, National

Map details where the minimum wage is — and isn’t — increasing in 2025

By Addy Bink | Fox 31 News, via The Hill While the federal minimum wage has been unchanged since 2009, more than 20 states are set to see an increase in 2025. After the new rates take effect, nearly a dozen states will have minimum hourly wages at or above $15 statewide. Another 21 states will see no increase. And in all but one, the minimum wage matches or falls below the federal rate of $7.25 an hour. READ THE FULL STORY AT FOX 31

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