Peter Tateishi is the president and CEO of the Sacramento Metro Chamber and is a lifelong resident of the Sacramento region. Prior to his role with Metro Chamber, Peter was CEO of the Sacramento Regional Builders Exchange and chief of staff to Congressman Dan Lungren.
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Minimum Wage Increase: Bad Medicine for a Recovering Economy
Increases in large metropolitan cities are not comparable to the regional economy that is growing in Sacramento
Trends in politics take hold as quickly as those in fashion, and minimum wage increases are definitely “in” this political season. But unlike in the past when Capitol Hill and state legislatures served as battlegrounds for minimum wage debates, cities are now the epicenter. Buoyed by increases enacted in a handful of megacities, American municipalities of all sizes have started asking whether they should follow suit, and if so, to what degree.