Submitted by WallStreetDoesntBet t3_xx0mfw in Futurology
OperationMobocracy t1_ir9n74c wrote
Given Florida's huge tourism trade, I would kind of expect them to be able to justify some level of minimum wage increases as a pass-through tax on tourists that reduces the wage burden generally for non-tourism business sectors. I'd also maybe consider tourist businesses to support it to some degree if it improved labor availability.
I also wonder if they would get more bang for their buck by increasing affordable housing in terms of improving labor and limiting wage increases, since housing is expensive and often scarce in coastal areas. Better housing options could reduce wage demands as well as having a payoff throughout the life of the housing stock.
Jet_Jirohai t1_ir9u4nm wrote
Attacking housing costs first would have been the smarter option, but they didn't start skyrocketing until later after this law was passed. It smells really fishy
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