Today on third reading was HB19-1227. The bill creates a prevailing wage working group that will make recommendations for the most efficient and appropriate manner in which to implement a prevailing wage requirement for state contracts.
We don’t need a working group to know how to implement appropriate prevailing wage requirements. We have the best solution already – no prevailing wage.
Prevailing wage doesn’t have the high profile status that minimum wage does, but they are essentially one and the same. Except, prevailing wage works to the benefit of unions and to the detriment of taxpayers.
We’re all aware, and fume over the overwhelming high costs of government projects that seem to cost 10-times more than they should. That’s b
Prevailing wage eliminates competition for public projects paid for by taxpayers. It forces the state and municipalities to pay hyper-inflated, union-scale wages.
Doing so prevents contractors from submitting
As every semi-educated person in the country knows, aside from liberal Democrats, a lack of competition results in higher costs.
The problem with prevailing wage, as opposed to minimum wage, every taxpayer is negatively affected by the cost, and usually the quality of work.
It’s typical crony-capitalism which artificially creates demand, pricing competitors out of the market.