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As support for $15 minimum wage gains momentum, Main Street fears it’s not the right time

//January 25, 2021

As support for $15 minimum wage gains momentum, Main Street fears it’s not the right time

//January 25, 2021//

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While small business owners are cheering President Joe Biden’s plans to direct more aid to a Main Street that has been ravaged by the pandemic, they’re also debating another of his pledges — hiking the federal minimum wage to $15 an hour.

Workers’ rights groups are cheering the move, but advocates for America’s smallest businesses are warning such an increase could stall an already challenging economic recovery on the road back to stability from the health crisis. Continue reading.