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$520-a-year minimum wage increase creates heartburn at swanky Broadmoor

Minimum-wage workers in Colorado will get an automatic 26-cent raise on Thursday, from $7.02 to $7.28. And, as the Colorado Springs Gazette points out, the manager of the 5-star Broadmoor hotel, which spent $100,000 opposing the voter-approved increase in 2006, is still grousing about the mandate. But, looked at another way, the increase represents about $520 per year for minimum wage employees –- considerably less than the $680-a-night price tag for a single night’s stay in a suite at the swanky Colorado Springs resort.