Edwin Zoe, owner of Chinese restaurants in Denver and Boulder, took to Facebook to ask for support on Amendment 70.
In a post on Sept. 14, Zoe outlined four reasons he believes Colorado should raise the minimum wage from $8.31 to $12 per hour by 2020: It’s good for the local economy, it’s good for workers, it’s good government and it’s good for socially responsible business.
“At the current minimum wage of $8.31/hour, a full-time worker’s take home pay is about $300 per week. That is just not enough to make ends meet,” he wrote. “When someone works a full time job, I think that person has earned the dignity to not have to ask for welfare assistance to make ends meet.”
Read the full statement below.
Zoe Ma Ma restaurants are at 1625 Wynkoop St. in Denver and 2010 10th St. in Boulder.
I am asking for your support on amendment 70 to increase Colorado minimum wage from the current $8.31/hour to $12 by 2020. Here are the reasons why I feel strongly that this is the right choice:
1. It’s good for the local economy. Unlike tax cuts for the ultra-rich, low-income families put most of their money right back into the local economy instead of offshore tax havens.
2. It’s good for workers. At the current minimum wage of $8.31/hour, a full-time worker’s take home pay is about $300 per week. That is just not enough to make ends meet. If one thinks otherwise, I’d think that person has been to one of our Mile High City’s recreational dispensaries once too often. When someone works a full time job, I think that person has earned the dignity to not have to ask for welfare assistance to make ends meet.
3. It’s good government. “What?” You might ask. Well, when we raise the minimum wage above poverty levels, two things happen. First, the affected workers no longer need government assistance. Second, the government effectively stops subsidizing businesses that pay poverty wages.
4. It’s good for socially responsible businesses. When we raise the minimum wage, it levels the playing field so socially responsible businesses are not at a competitive disadvantage against the likes of Wal-Mart that sell products cheaper at the expense of their workers.
I, along with like-minded business owners, had the honor of meeting the U.S. Secretary of Labor Tom Perez to voice our support for amendment 70 in Denver today. To our entrepreneurial and local business friends, please go to http://www.businessforafairminimumwage.org/Colorado-Sign-On… to show your support. And, to all our friends, please share this to build awareness and support for amendment 70.
Founder, Zoe Ma Ma