DC to pass law to punish Wal-Mart stores in DCSubmitted by meekandmild on Thu, 03/21/2013 - 14:48
The latest foolish attack on Walmart is happening, fittingly, in a committee hearing in Washington, D.C., a town that is reminding us all how it is even more obtuse on the local level than on the national. The salvo is called the Large Retailer Accountability Act (LRAA), but just think of it as yet another effort from the DGDP: the Department of Good Deeds Punishment.
n order to punish this good deed, though, the rebarbative chairman of the D.C. City Council, Phil Mendelson, has been pushing an extraordinary new law that would apply only to large national retailers, with more than $1 billion in sales, who open D.C. stores of greater than 75,000 square feet. Such firms would be required to pay a “living wage” of at least $11.75 an hour to all employees — a 62 percent premium over the federal minimum wage. D.C. already has its own super-minimum wage of $8.25 an hour (set by law at $1 above the federal minimum). So the LRAA is a super-duper minimum wage proposed mainly to punish a single company, which is why wags in the press are calling it the Walmart Living Wage Bill.