Episode 195: Joe Biden And Fight For $15 Call Upon Congress To Enact $15/hr Minimum Wage

The Fight for 15 is back in action calling for protests and demonstrations in cities across the country to pressure the incoming Biden Administration into passing a $15/hr minimum wage. Considering the political dynamics in the Senate, just a few Senators, probably fewer than five, will decide the fate of any potential wage hike. We’ll take a look at the state of play on wages and discuss the industry’s political positioning. And as we predicted last week, corporations and many of their PACs are drastically changing their political donation strategies in the blowback to last week’s events at the Capitol. Some are even getting out of the political business all together. We’ll take a look at the ramifications for companies, the industry and Congressional Republicans. We’ll discuss those issues and wrap it up with the legislative scorecard.