Monday, May 14, 2012

Look for Higher Prices as Retailers Add Wage Hike to Energy and Product Cost Hikes

    No surprise here....New Yorkers are in favor of giving away other people's money but not their own.
    A Siena Poll out today shows 78% of state residents favor raising the minimum wage from $7.25  to $8.50 an hour....The same survey shows 67% opposed to a pay hike for state lawmakers who have been at current levels since 1999.
     All of this means the wage hike will happen because there is political cover.

2 comments:

Anonymous said...

Don't make it sound like the poor lawmakers' routine. They aren't hurting.

Anonymous said...

These type of polls should only mean something politically if they were limited to "likely voters". Or even more important would be if they were divided into senate districts. It doesn't much matter what the average voter thinks if the average voter lives south of Albany.

The better spin on this would be to show that 99% of politicians who favor it would not have it effect their districts, because the market already pays more than that for minimum wage in their districts.