Posted on 07/29/2012 4:05:36 PM PDT by Free ThinkerNY
ALBANY -- New York Senators Charles Schumer and Kirsten Gillibrand support an increase to the federal minimum wage, while a similar proposal is stalled in Albany.
The Democrats support an increase in the federal minimum wage to $9.80 an hour. The current federal minimum wage is $7.25.
(Excerpt) Read more at silive.com ...
I think that relationship holds today.
At least here in low cost flyover country.
Employee kick back to the employer. Problem solved.
it’s all about buying power
and deflating how much buying power your savings represent by diluting the dollar
a stealth tax that confiscates your buying power (ie: wealth) without receiving a dollar from you.
you may have more dollars... but less buying power. that’s how they’re playing this game
This is nuts.
http://en.wikipedia.org/wiki/List_of_U.S._minimum_wages
It’s already well over $7.25 in many places.
The mw in San Francisco and Santa Fe is well over $10 an hour.
When Gillibrand was talking, were Schumer’s lips moving? Did he drink a glass of water? Schumer has surely gotten better at this.
What wonderful timing. Businesses are cutting back. Let’s drive the stake in!
Yes, the $10+ mw in SFran - their Subway restaurants do not participate in the $5 footlong promotion.
Minimum Wage, Maximum Folly
http://townhall.com/columnists/walterewilliams/2010/12/01/minimum_wage,_maximum_folly/page/full/
I love the part where WW says, let’s get Haiti to raise their minimum wage and eliminate their poverty.
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