By: Paul Davidson
A recent study by the Center for Economic and Policy Research attempts to undercut the argument that raising the minimum wage kills jobs.
The study, which updates a Goldman Sachs analysis to include data from April and May, shows that the 13 states that increased their minimum wages on Jan. 1 have had stronger employment growth than the 37 states that didn’t. The study compared average employment during the first five months of 2014 with the last five months of 2013. (more…)
New York—Citing Seattle’s historic deal to move to a $15 / hour minimum wage, fast food workers today urged Albany lawmakers to let cities raise the state’s unlivable $8 / hour minimum wage by passing RaiseUpNY (S.6516 Stewart-Cousins/ A.9036 Camara).
“The momentum is there. The need is there. It’s time for Albany to get off the sidelines and to start standing up for the 3 million low-wage New Yorkers who are working hard, playing by the rules, and still living in poverty,” said KFC worker Naquasia LeGrand.
“Otherwise, they’re just allowing the most profitable corporations on the planet, like Walmart and McDonald’s, to pay their workers as little as possible. Our economy will never get back on track that way—and women and people of color, the majority of folks in these jobs, will never have an honest shot at the middle class.”
Cities and counties around the country including California, Arizona and Washington State have already instituted higher minimum wages and the results have been hugely positive. In each case, there was opposition, but the sky didn’t fall. Instead, workers have more money in their pockets, poverty has been reduced and economies have gotten stronger. Even better—citywide increases didn’t hamstring efforts to raise the statewide minimum. In each case, the local initiatives helped build momentum for broader wage hikes.
73% of New Yorkers –including 2/3 of voters in every region of state – support this measure, as does the Black and Latino Caucus, and more than 125 prominent women leaders, including NAACP NYS President Hazel Dukes, President of NARAL Pro-Choice New York Andrea Miller, Nassau County District Attorney Kathleen Rice, Citizen Action Executive Director Karen Scharff, Common Cause Executive Director Susan Lerner, NYS League of Women Voters Executive Director Barbara Bartoletti, NYS Senate Democratic Leader Andrea Stewart-Cousins (D- Yonkers), NYS Senator Ruth Hassell-Thompson (D-Bronx/Westchester), NYS Assembly Member Shelley Mayer (D-Yonkers), NYS Assembly Member Crystal Peoples-Stokes (D-Buffalo), NYS Assembly Member Deborah Glick (D-Manhattan) and NYS State Assembly Member Michaelle Solages (D-Long Island).
Likelihood of Success
President Obama, the Pope, Billionaire Conservative Ron Unz, striking fast food workers, and 73% of New Yorkers agree we need to raise the minimum wage to jumpstart the economy. The tide is turning, momentum is on our side, and the bottom line is that even Albany isn’t immune to the will of voters.
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“We applaud Attorney General Schneiderman for listening to advocates and homeowners, and for standing up for New Yorkers by ensuring there will be significant money available to help working families stay in their homes. (more…)
“Big new tax breaks for Wall Street and the very rich don’t make any sense at a time when New York has the worst income inequality in the nation and record-high levels of homelessness and child poverty.
Trickle-down tax cuts for the rich haven’t worked for our state.
It would be smarter to focus on broader prosperity and economic fairness for all of us: investments in education, higher education, infrastructure and public services will pay off now and for decades to come.
The Legislature and Governor Cuomo should reject big new tax breaks for deceased millionaires and billionaires. They should clean up billions in wasteful giveaways before they even consider new layers of corporate welfare.
And they should make sure any new tax proposals reduce income inequality and build economic fairness — we need to make the economy stronger, and broader prosperity is the only way to make that happen. ”
Listen to the Captial Pressroom interview featuring Michael Kink and Ron Deutsch, Executive Director of A Better Choice for NY HERE
“Our state has the worst income inequality in the nation.Any tax reform proposals should be judged on whether they make inequality worse or better. Judged by that standard, the idea that New York would cut taxes for hugely profitable Wall Street banks and millionaires is just plain bad.On the other hand, closing corporate tax loopholes and requiring performance from corporations that get economic development subsidies makes good sense.The Legislature should take the good ideas from this report and reject the bad as it works to reduce income inequality and build economic fairness.”