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Wage Reimbursement Defeats Purpose Of Hike

April 12, 2013

New York business owners told the state a minimum wage hike would hurt....

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(21)

carlaw

Apr-12-13 4:39 AM

Why don't the Representatives, both Dems and Reps. who realize that the legislation that Crazy Cuomo tries to pass in the middle of the night is just plain wrong walk out. One person could stay back to call for a quorum and I'll bet they wouldn't have one. We need to do something to bring this craziness into the light of day.

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Renaldo

Apr-12-13 6:10 AM

I don't a see benefit for anyone in this other than to states neighboring NY.

7 Agrees | 4 Disagrees | Report Abuse »

ru4real

Apr-12-13 6:38 AM

Nutz!!

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Yankees1

Apr-12-13 7:52 AM

It makes no sense to ask all the taxpayers to pay for a wage hike that's going to benefit very few people. Oops! I forgot. This is New York State, there is no such thing as 'sense' here.

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GeorgeB67

Apr-12-13 7:55 AM

This editorial is right on the mark! As minimum wage increases, so does teen unemployment. Minimum wage hikes hurt small business and consumers and it means less jobs, especially for kids. Now Cuomo wants to use taxpayer money to subsidize some businesses who hire teens. It's just wrong!

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KabobBilly

Apr-12-13 8:44 AM

George, liberals don't know right from wrong, they only know fuzzy, warm and feel good.

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duckster

Apr-12-13 8:55 AM

Just lower the min. wage back to 5 dollars an hour. That way those fast food franchise owners can hire more employees and buy that second vacation home in Maine. wtf

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Howard

Apr-12-13 10:21 AM

There are two sides to every story - just ask those businesses that have to raise their wages. I've been there, I know. KabobBilly, maybe you should try some fuzzy, warm good feeling instead of cold conservative ways. Just sayin'

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formerlyphil

Apr-12-13 12:26 PM

sheeples: "i don't see any pattern here..."

google: andrew cuomo HUD housing collapse.

but raggedy billary & andy in 2016! at least you can dance your way to the slaughterhouse.

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formerlyphil

Apr-12-13 12:29 PM

i mean c'mon people we should all feel just terrible for the adults working in the fast food industry. they never had a real chance at an honest education. they never got to go to h.s., take finals, study, do homework, contemplate college choices.

....right??....

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GioAllie

Apr-12-13 12:41 PM

the righties here still think they won with this stuff.......zap right over their heads.

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ironyoozesfromyouryap

Apr-12-13 2:40 PM

"As minimum wage increases, so does teen unemployment."

"In 1992, the minimum wage in New Jersey increased from $4.25 to $5.05 per hour (an 18.8% increase) while the adjacent state of Pennsylvania remained at $4.25. David Card and Alan Krueger gathered information on fast food restaurants in New Jersey and eastern Pennsylvania in an attempt to see what effect this increase had on employment within New Jersey. Basic economic theory would have implied that relative employment should have decreased in New Jersey. Card and Krueger surveyed employers before the April 1992 New Jersey increase, and again in November–December 1992, asking managers for data on the full-time equivalent staff level of their restaurants both times.Based on data from the employers' responses, the authors concluded that the increase in the minimum wage increased employment in the New Jersey restaurants."

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ironyoozesfromyouryap

Apr-12-13 2:42 PM

Source:

David Card and Alan B. Krueger, "Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania," American Economic Review, Volume 84, no. 4 (September 1994), pp. 774–775.

Unfortunately, the history, facts, and studies continue to argue against the largely false speculation that minimum wage decreases employment. This argument is presented under the THEORICAL aspects of economics 101 - not the realistic. Economics study theories - not realities.

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GioAllie

Apr-13-13 10:01 AM

why not reduce every worker to a pay scale similar to the waitress and waiter scale? Then all those "struggling" business owners would be able to hire more workers, dropping unemployment to --who know?

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GioAllie

Apr-13-13 1:27 PM

lonely out there dog?

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FedUpL8ly

Apr-13-13 7:29 PM

In 1992, New Jersey,and the rest of the country,were coming out of a recession. Of course unemployment was coming down, Irony. Another foolish academic study that cherry-picks statistics from a selective time period and then extrapolate a theory convenient to their economic philosophy. We've recently seen another example of this in the "global warming" hoax perpetrated by the East Anglia academics and the prof at Penn State.

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ironyoozesfromyouryap

Apr-13-13 9:01 PM

FedUp - I will post more if you're going to continue to deny the information that is readily available.

Don't worry.

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ironyoozesfromyouryap

Apr-13-13 9:07 PM

Nice try though, FedUp. 5 minutes of research revealed the Recession from that period ended in March, 1991. The study began April 1992, over a year later...and the second half almost two years later.

If you are going to dismiss facts as "foolish" in such a way, you might want to do it somewhere where truth-seekers don't exist. I'm sure some of the empty domes around here will back you up, but that's because you're used to playing in the little leagues.

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ironyoozesfromyouryap

Apr-13-13 9:10 PM

What's more interesting is the unemployment rate for the periods this study took place was the same - 7.4%

Nice try. I got the same sources you do, brah. Irony oozes from your yap.

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GioAllie

Apr-14-13 8:38 AM

all this "wasted time oval twerking" could be put to better use, something constructive--d'on't you have a family, job etc." I read that somewhere.....

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GioAllie

Apr-14-13 8:39 AM

--insert ""quotes" in front of don't......

0 Agrees | 2 Disagrees | Report Abuse »

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