New York's Cuomo signs two-tier minimum wage law in push for state-wide $15/hour
Source: reuters
New York Governor Andrew Cuomo on Monday signed into law a minimum wage increase that takes a two-tier approach, setting a higher $15 per hour minimum for New York City and its environs and a lower legal minimum for less-costly areas.
Cuomo held a rally celebrating the event with Hilary Clinton, who is campaigning for the Democratic presidential nomination in her home state before its April 19 primary. Democrats have rallied behind the $15 minimum wage ahead of the presidential election in November.
"This new economy is not a fair economy for the middle class and the working families of this country," Cuomo said at the signing in a New York City convention center. "They feel that the American dream is slipping away."
States and cities have moved to surpass the federal minimum wage, which has remained at $7.25 an hour since 2009
Read more: http://www.reuters.com/article/us-new-york-minimumwage-idUSKCN0X11Y1
Democrats working to make life better for working people!
OnlinePoker
(5,725 posts)It should have been Bernie on the stage, but of course, that wouldn't make "the nominee" look good, would it?
kennetha
(3,666 posts)And besides this is not a 15 dollar national minimum wage. it is not even a 15 dollar minimum wage statewide
"higher $15 per hour minimum for New York City and its environs and a lower legal minimum for less-costly areas. "
pangaia
(24,324 posts)Cuomo is NOT his dad...
PatrynXX
(5,668 posts)saying now she owns this "wrongheaded " idea.
hey Bernie is constistent, this is why Bernie is still around. Every few weeks Hillary makes a major mistake and here comes Bernie because just about all the unions (except the Leaders) are irritated about Hillary being against $15 an hour smh several thinking out loud why did she pick this event. As it points out she's against $15 an hour (it really should be $21 but this is the compromise ) cause we are stuck in 1980's wages cant suddenly swing into $21 an hour . Dumbass reagan
kennetha
(3,666 posts)higher $15 per hour minimum for New York City and its environs and a lower legal minimum for less-costly areas. Which is the kind of approach that Hillary has been defending throughout the campaign.
She wants to set a FLOOR of $12 nation wide and allow and encourage localities and states to set a minimum wage higher than the national floor, where it is warranted.
HuckleB
(35,773 posts)pangaia
(24,324 posts)But, of course Cuomo is....what he is.. a politician first.
So, as nice as this improvement is to see, he invited the other 'politician first' candidate, rather than the "human beings first" candidate.
fullautohotdog
(90 posts)$12.50 in a rural Upstate town goes a hell of a lot farther than $15 in the city. $2,000 to rent a studio apartment vs $400 to rent a whole house, for example.
Also, WOOHOO!!!!!! for paid family leave. Right now, the maximum someone pays into SDI (the fund that family leave will come out of) is 60 cents a week. I'll totally chip in an extra 40 cents so I can get 2/3 of my paycheck for three months to take care of a new child or a sick parent (could have used that when my dad died of cancer last summer).
dsc
(52,166 posts)than 15.00 an hour in Brooklyn or Long Island.
ish of the hammer
(444 posts)by setting one group of workers against another.
If the minimum wage had kept up with inflation, it would be 23$.
I know shyte when I see it and so will New York.
Recursion
(56,582 posts)If it had kept up with inflation it would be about $15.
Zynx
(21,328 posts)$21/hr is adjusted for economywide productivity. The difficulty with that, however, is that industries that pay minimum wage have not been the primary drivers of productivity gains. Those have generally been in the IT sector as well as in manufacturing. The problem with increasing the minimum wage by economywide productivity over time is that you cause wages to rise faster than productivity gains in approximately half of the industries in the country. While I support rising wages, you can't force them to rise faster than productivity without serious consequences for those industries.