Albany Times Union: David Bolotsky, Yearly minimum wage hikes help everyone
Op-Ed By David Bolotsky
Albany Times Union, Jan 21, 2013
Gov. Andrew Cuomo has demonstrated his commitment to a sustainable economic recovery in New York by calling for an increase in the state minimum wage, from an inadequate rate of $7.25 per hour to $8.75. New York's minimum wage has not changed since 2007, and the governor's leadership will hopefully break the political gridlock.
As a business owner, my greatest hope is that the governor and the Legislature decide to index the minimum wage to rise automatically with the cost of living each year. This...