The National Retail Federation says it’s studying the proposed rule, but suggests the increase to a $55,000 threshold is too large.

“The proposed number is significantly higher than the rate of inflation,” said David French, the federation’s senior vice president of government relations.

Fucking liar, it’s well below inflation if you go back far enough. And that’s part of the problem, they artificially keep them down, then claim you can’t raise it over inflation when you’ve been keeping the wage increases well below inflation AND massively below productivity increases.