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McLean County business group members pan minimum wage proposal

Mon, 11 Mar 2013 19:47:48 CDT
By: Charlie Schlenker

The McLean County Chamber of Commerce says its membership overwhelmingly opposes raising the minimum wage as Governor Quinn has suggested. Supporters of the move to raise the starting pay for all workers to $10.25 an hour say it would address erosion in the rate through inflation since the concept was first put in place in the 1960s. But, Chamber Chief Charlie Moore says businesses need a level playing field and Illinois is already out of whack.

"You've got surrounding states on all borders of Illinois that are at a substantially lower rate thean we are all ready. So quite frankly whatever logic there behind needing to keep up with the times, unfortunately, Illinois has jumped the gun and so we are already at a disadvantage for businesses."

More than 20% of survey respondents say they would be forced to cut positions. Some supporters argue raising the minimum wage puts more spending into the economy. But, Moore says that is short lived as prices increase and business owners shift costs to buyers over several years. Surprisingly fifteen percent of chamber members said they would support increasing the minimum wage.

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