RUSH: AP: ‘The City Council brushed aside warnings from Wal-Mart Stores Inc. to approve an ordinance that makes Chicago the biggest city in the nation to require big-box retailers to pay a ‘living wage.’ The ordinance, which passed 35-14 Wednesday after three hours of impassioned debate, requires mega-retailers to pay wages of at least $10 an hour plus $3 in fringe benefits,’ $3 in fringe benefits? ‘by mid-2010. It would only apply to companies with more than $1 billion in annual sales and stores of at least 90,000 square feet. ‘It’s trying to get the largest companies in America to pay decent wages,’ Ald[erman] Toni Preckwinkle said.’

No, it’s not.

‘The minimum wage in Illinois is $6.50 an hour and the federal minimum is $5.15. Mayor Richard M. Daley and others warned the living wage proposal would drive jobs and desperately needed development from some of the city’s poorest neighborhoods and lead giants like Wal-Mart to abandon the city.’ It’s exactly right. Wal-Mart will ring the city. Wal-Mart will surround the city, but they will not go there. (Laughing.) This has nothing to do with a ‘livable wage.’ This has nothing to do with making big companies pay a livable wage. This is all about unions. This is all about the Democrats being loyal to unions. I think the ACORN group was behind this, a huge liberal group.




For the rest of today's transcript, click here: https://www.rushlimbaugh.com/daily/2006/07/27/raising_minimum_wage_causes_job_loss_wal_mart_will_now_just_surround_chicago/

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RUSH: AP: ‘The City Council brushed aside warnings from Wal-Mart Stores Inc. to approve an ordinance that makes Chicago the biggest city in the nation to require big-box retailers to pay a ‘living wage.’ The ordinance, which passed 35-14 Wednesday after three hours of impassioned debate, requires mega-retailers to pay wages of at least $10 an hour plus $3 in fringe benefits,’ $3 in fringe benefits? ‘by mid-2010. It would only apply to companies with more than $1 billion in annual sales and stores of at least 90,000 square feet. ‘It’s trying to get the largest companies in America to pay decent wages,’ Ald[erman] Toni Preckwinkle said.’No, it’s not.‘The minimum wage in Illinois is $6.50 an hour and the federal minimum is $5.15. Mayor Richard M. Daley and others warned the living wage proposal would drive jobs and desperately needed development from some of the city’s poorest neighborhoods and lead giants like Wal-Mart to abandon the city.’ It’s exactly right. Wal-Mart will ring the city. Wal-Mart will surround the city, but they will not go there. (Laughing.) This has nothing to do with a ‘livable wage.’ This has nothing to do with making big companies pay a livable wage. This is all about unions. This is all about the Democrats being loyal to unions. I think the ACORN group was behind this, a huge liberal group. For the rest of today's transcript, click here: <a href="https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.rushlimbaugh.com%2Fdaily%2F2006%2F07%2F27%2Fraising_minimum_wage_causes_job_loss_wal_mart_will_now_just_surround_chicago%2F&amp;data=04%7C01%7CMarkWeiner%40iheartmedia.com%7C087a2d222ad84aeaa98608d9512e9a3a%7C122a527e5b714eba878d9810b495b9e3%7C0%7C0%7C637630082877409028%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=pooVPDESgYeSfIcAkjW9jUaT0AJlCyyZZJZsec0Gi80%3D&amp;reserved=0">https://www.rushlimbaugh.com/daily/2006/07/27/raising_minimum_wage_causes_job_loss_wal_mart_will_now_just_surround_chicago/</a> Learn more about your ad-choices at <a href="https://www.iheartpodcastnetwork.com">https://www.iheartpodcastnetwork.com</a>

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Rush's Timeless Wisdom - Raising Minimum Wage Causes Job Loss, Wal-Mart Will Now Just Surround Chicago

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