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Big Box Ordinance in Chicago: what is the reason?

PORTLAND, OR — by Mike Bryson — I don’t live in Chicago, but because of A.B. Dada’s previous article I was interested in watching the hilarity of a powerful City Council and a powerful Mayor battling against each other while huge corporations sit by the sidelines chuckling. The City Council of the City of Chicago passed a Big Box Ordinance a few weeks ago with a 14-1 vote. The Big Box Ordinance would force Big Box stores to pay a minimum of US$13 per hour in wages and benefits to even the most entry level employees. Immediately Target canceled 2 stores they were planning in the City, with many suburbs more than happy to let them open without the wage minimums. Mayor Daley came out immediately to fight against the ordinance, but his veto (the first in 17 years if he did so) would need 3 or 4 councilmen on his side to prevent an override. Read this entire article at the anarcho-capitalism site.