We already saw this happen in Seattle. But they don’t learn…
Via Daily Caller:
A proposal to enact a $15 minimum wage in New York could cost the state upwards of half a million jobs, according to a report released Thursday.
The report,”Higher Pay, Fewer Jobs” was released by the Empire Center for Public Policy and the American Action Forum. It addresses a Sept. 10 proposal by Democratic Gov. Andrew Cuomo to raise the state minimum wage to $15 an hour. If passed by local lawmakers, it would phase in gradually eventually hitting $15 throughout the state by 2021.
“Supporters of a minimum wage generally echo Governor Cuomo’s view that such a policy is needed to lift workers out of poverty,” the report notes. “However, the potential employment consequences of mandating a minimum wage hike call the merits of this policy into question.”