david j. norman is the owner and president of davco a company which operates over 150 wendy's restaurants in the washington dc area and employs hundreds of low wage workers. he is concerned bout growing momentum to increase the federal mimunum which now stands at $7.25 per hour.and in the impact it will have on both his employees...and his business 02:55:35 "it would cost us, our payroll is aournd eighty million, this would have an impact of twelve to eighteen million." recenty a law which would have bumped up the minimum wage in dc to ten dollars an hour was vetoed by the mayor ... but a series of wild cat strikes by fast food workers many of whom make minimum wage has kept the issue front and center so would hiking the lowest allowlable pay truly hel p the people who need it? towson university economics professor thomas rhoads studies makrest and how they react to change. 21:04:06 "labor typically is somewhere around sixty to seventy percent of a business's cost" and his take, an artficial wage flo

david j. norman is the owner and president of davco a company which operates over 150 wendy's restaurants in the washington dc area and employs hundreds of low wage workers. he is concerned about growing momentum to increase the federal mimunum which now stands at $7.25 per hour.and in the impact it will have on both his employees...and his business 02:55:35 "it would cost us, our payroll is aournd eighty million, this would have an impact of twelve to eighteen million." recenty a law which would have bumped up the minimum wage in dc to ten dollars an hour was vetoed by the mayor ... but a series of wild cat strikes by fast food workers many of whom make minimum wage has kept the issue front and center so would hiking the lowest allowlable pay truly hel p the people who need it? towson university economics professor thomas rhoads studies makrest and how they react to change. 21:04:06 "labor typically is somewhere around sixty to seventy percent of a business's cost" and his take, an artficial wage fl