Floridians passed Amendment 2 last week, putting the state on course to gradually increase its minimum wage and reach $15 by 2026. Supporters and opponents are now divided on what comes next. Will it be an economic benefit or bust?
"I don't think that there is any reason to expect that this will bankrupt businesses," said Alexis Davis, a policy analyst at the Florida Policy Institute [emphasis added].
Davis has done extensive research on Amendment 2. She said many of the complaints opponents are making today were also made 15 years ago as Florida put its current rate structure in place.