They’re calling it the “Large Retailer Accountability Act” that would force big box retailers to pay minimum wage of $12.50 in Washington D.C. Currently minimum wage in the District of Columbia is $8.25, which equals $17,160 a year. If that sounds low consider zero is a much lower sum and what many earn in D.C. now is significantly less. Take Ward 8 in Washington D.C.:
> 94% Black
> 38% poverty rate (highest in 30 years)
Washington has the third highest income inequality gap in America after Atlanta and Boston:
> Top fifth earn $473,000 (national average is $292,000)
> Bottom fifth earn $9,100
How dare politicians behind this bill use the word “accountability” when all they’re looking for is a way to shake down Wal-Mart, to make business a villain, to deflect from their shortfalls and to keep Americans tethered to government dependency. It’s despicable that jobs and less expensive things like flat screen televisions and groceries would be denied to the less fortunate in Washington for a bunch of reasons - all political.
“Eat cake and blame capitalism, republicans and greed.”