SANTA FE — The Santa Fe City Council voted on Wednesday to raise its minimum wage from $15 an hour to $17.50 in 2027, eliciting praise from workers’ rights advocates
City level minimum wage is not just perfectly possible and extremely normal and common to do, it’s also the best way to do it. It prevents way too high wages for rural towns and way too low for cities. Minimum wage is best done as tied to some set of prices in an area.
Rent can possibly run into some issues if landlords can raise minimum wage through their own choices… Not so sure rent is actually the best tie in practice. It’ll be interesting to see. I very much hope it works. If it doesn’t, I hope someone else does it again but with a more diverse basket of goods so to speak
That was one of his primary campaign promises…
City level minimum wage is not just perfectly possible and extremely normal and common to do, it’s also the best way to do it. It prevents way too high wages for rural towns and way too low for cities. Minimum wage is best done as tied to some set of prices in an area.
Rent can possibly run into some issues if landlords can raise minimum wage through their own choices… Not so sure rent is actually the best tie in practice. It’ll be interesting to see. I very much hope it works. If it doesn’t, I hope someone else does it again but with a more diverse basket of goods so to speak