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New York Times article on proposed New York state minimum wage increase
Fearing a Minimum Wage Increase Will Be Bad for Business
By Joseph Berger
New York Times, Feb 19, 2012
... The State Assembly speaker, Sheldon Silver, and Mayor Michael R. Bloomberg recently announced that they wanted to raise the state’s minimum wage to $8.50 an hour, or roughly $17,000 a year. ... “People who work full time should not be poor,” Mr. Silver said, arguing that the current minimum wage was too low for survival. ...
[A] champion of raising the minimum wage, David Bolotsky, the chief executive of Uncommon Goods, a Brooklyn-based firm that sells designer gift items and pays its entry-level workers $10 an hour, said, “I could not look at myself in the mirror and pay somebody $7.25 an hour — you can’t live on it.” ...
