
The U.S. Department of Labor says that in 2014, the Wall Street bonus pool was roughly twice as much as all U.S. minimum wage workers’ pay combined
On August 1, 2016 the Grand Junction Area Chamber of Commerce announced its opposition to a ballot initiative to raise Colorado’s minimum wage to $12/hour. The main reason the chamber gives for opposing the higher wage is a claim by Economics International Corporation — a company located in Portland, Oregon — that raising the minimum wage in Colorado will put 90,000 Coloradans out of work, mostly younger people.
Consider the Source
So who is “Economics International Corporation”?
It is a one-person consultancy run by a man named Eric Fruits, who hires himself out as an expert witness in economics and statistics. The official registered business location of Economics International Corporation is “4318 NE Royal Court, Portland, Oregon 97213,” a four bedroom, three bathroom home. Fruits is the sole registered officer, agent, president and secretary of the corporation.

The official registered headquarters of the Chamber’s expert on Colorado economic issues, is this 4 bedroom, 3 bathroom house in Portland, Oregon
Fruits specializes in “litigation support” for businesses, meaning he hires himself out to say whatever his paymasters need him to say, much like independent scientists did for the tobacco industry in the 1970s-1990s.
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