To: Libloather
From 3/01/04 - ...the minimum wage bill (A.9710) would raise New York's minimum hourly wage incrementally from $5.15 to $7.10 as of January 1, 2006.
From 3/01/04 -
...the minimum wage bill (A.9710) would raise New York's cost of goods and services incrementally by $1.95 as of January 1, 2006.
I think this is what negates any talk of raising the minimum wage. The money has to come from somewhere.
14 posted on
03/07/2004 10:05:26 AM PST by
Thoro
(Gridlocked government is better than active government.)
To: Thoro
The money has to come from somewhere.I have yet to see any stats on the matter but I've always wondered how many jobs are LOST when the minimum wage goes up and employers can no longer afford some employees.
We may never know...
15 posted on
03/07/2004 11:13:09 AM PST by
Libloather
(Charter member - VRWC - # EIB-04151982)
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