One consequence of Amendment 70 — which would raise
Colorado’s minimum wage to $12 an hour by 2020 — is that it will
strengthen the shift of dominance to chains and larger corporations, while
hastening the demise of the small business — a phenomenon that we have all been
witnessing for years. For example, in my industry, corporate pizza chains using
pre-processed food produced in automated commissaries will flourish while
family-owned pizzerias with higher labor costs (human element) will be faced
with a decision to either shut down, reduce staff, or cut ingredient quality to
remain competitive. Businesses such as mine that refuse to cut quality will
have to raise prices and will also lose market share. Giving everyone raises
sounds wonderful, but in the end we all lose as brand diversity and product
quality vanish and we step closer to a world of giant companies and fewer
choices. Please vote “no” on Amendment 70.
Source:Denvon Post
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