Bloomberg Proposes Boost In Minimum Wage

In his State of the City address today, Mayor Bloomberg will propose something akin to splitting the baby on the living wage fight when he comes down in favor of a boost in the minimum wage.

 

“The genius of the free market is not always perfect,” Bloomberg said, according to the prepared text of his speech. “Two of our neighbors – Connecticut and Massachusetts – have raised their minimum wage above the Federal standard to address higher costs of living. And so while we would prefer the Federal government to act to keep us competitive, this year, we will join Speaker Shelly Silver in pushing for a responsible raise in the minimum wage.” Read More

Comments

  1. Opinionatore says:

    A higher minimum wage will mean fewer jobs for workers with few skills. What is the man thinking? 

  2. MMO says:

    Obviously it would be much better, Opinionatore, to create a society in which we achieve full employment through nickel-an-hour salaries, ensuring a healthy underclass that survives by boiling the shoe leather of their betters, or carrying tourists and other heavy objects around the city on their backs.  It would be un-American to create fewer working class jobs at a wage where some percentage of the population can afford to raise a family and live decently.  (and it would be TRULY un-American to assume that businesses will simply cut into their profits and avoid firing anyone after a hike in the minimum wage)

  3. Taylor says:

    I think they should raise the minimum wage to $30 so we could all be comfortable, that would be more fair