GNH Community

nonprofits,local leaders & Grt.New Haven business sharing information

RAISE THE MIMIMUM WAGE – It’s Sound & Ethical Economics

RAISE THE MIMIMUM WAGE – It’s Sound & Ethical Economics.

Connecticut Business & Industry Association Opposes An Increase in the Minimum Wage!

The question is WHY? An increase in the minimum wage will benefit employees, tax-payers and the state.  People need to earn a livable wage so they do not have to be a financial drain on the state; they can lift themselves out of poverty, and care for their families.

  • The very people opposing a livable minimum wage are those who are also complaining about people needing to pull themselves up by their boot straps. 
  • If there is no increase in the minimum wage from year to year, how will working people who only earn minimum wage keep up with the cost-of-living in Connecticut, or ever get out of poverty?
  • Increasing the minimum wage makes sound economic sense. 
  • Executives in big business earn more in bonus than they pay all of their minimum wage employees combined.  How many of these financial big-shots will forego their bonuses this year?

The Most Rigorous Research Shows Minimum Wage Increases Do Not Reduce Employment.

  • The opinion of the economics profession on the impact of the minimum wage has shifted significantly over the past fifteen years.
  • Today, the most rigorous research shows little evidence of job reductions from a higher minimum wage.
  •  Indicative is a 2013 survey by the University of Chicago’s Booth School of Business in which leading economists agreed by a nearly 4 to 1 margin that the benefits of raising and indexing the minimum wage outweigh the costs.

CT is a state with a high cost of living. Businesses are always raising the cost of their products and services; yet, the industry is advocating keeping entry–level and minimum wage employees in poverty although they are working full-time.   It is unconscionable and unethical.  They force such employees to be a burden to the state and to tax-payers; many minimum-wage employees must get state subsidies in order to survive and take care of their families. All of us have a vested interest in everyone being self-sufficient.

This is another reason why everyone NEEDS access to affordable health care; it makes for more healthy communities and reduce the overall cost of health care to the rest of us. Connecticut derives no benefit from creating a permanent underclass of citizens.

  • Millions of Americans over the age of 25 depend on minimum wage jobs for full-time work; it is a fallacy to believe that minimum wage jobs are only taken by teens who live at home with their parents.
  • We should ALL support the governor’s proposal to increase the minimum wage over the next two years; as citizens, we have nothing to lose snd much to gain. 
  • Under the new law (Public Act No. 13-117), effective January 1, 2014, the state minimum wage will rise from $8.25 per hour to $8.70 per hour.

The Job Loss Myth | Raise The Minimum Wage

www.raisetheminimumwage.com/pages/job-loss

http://www.jacksonlewis.com/resources.php?NewsID=4558

Right-Wing Media's History Of Attacking The Minimum Wage ... 

While the Right-Wing Media's Campaign Against Raising The Minimum Wage may seem to be reasonable, it is inherently flawed and the facts are twisted to comply with an agenda http://youtu.be/fZfxk6NJ89Y

 Comparative graph from 1938- 2013  mediamatters.org/...of...mini/195026

Views: 79

Comment

You need to be a member of GNH Community to add comments!

Join GNH Community

Comment by Skip Borgerson on February 18, 2014 at 5:32pm

I don't think it's all that simple.  Occasional small raises don't have much affect either way.  But large increases like going to $10.10 / hour in one big jump will likely have a devistating affect. 

 

The best way to raise wages is to let the economy go, stop holding it back with so much regulation and tax.  If  you have doubts about this, just look at Texas and North Dakota.  The official minimum wage may be something like $8.50/hr, but the  lowest paid worker is being paid something like $17.00 per hour.   Why?  Because their economy is booming and there are not enough people to fill all the jobs.  It's called the "supply & demand" phenomenon.  It's all part of the "free enterprise" thing. That is what made the USA the greatest economic success in the history of the world.  We started with no government and everyone was FREE and everyone was RESPONSIBLE for themselves.  Everyone worked hard and made the best decisions for themsleves that they could.  And it worked like magic.  If we continue on our current path, "the land of the free and home of the brave" will be but a memory.

Welcome (Bienvenido, Benvenuto, Powitanie, Bonjour! Willkomme,歡迎, ברוךהבא أهلا وسهلا, Bonvenon) to GNH Community. Traducción de esta página

Imagine. Inform. Invest. Inspire.

Working together to build a stronger community - now and forever

 

 

Open Street Project

An Open Streets Family Reunion: Reflections from the 2018 Open Streets Summit

By Ryan O’Connor, Director of Programs, 8 80 Cities Recently 8 80 Cities wrote a blog post about open streets being a labour of love. That being the case, the 2018 Open Streets Summit in New Orleans felt like a family reunion of sorts. It was rejuvenating to see old and new friends who share our passion for open streets and are working tirelessly to create healthier, happier, and more connected communities across the world. The event, which took place on September 15-16, brought together more than 50 leaders who currently organize open streets programs or are interested in bringing the...

The post An Open Streets Family Reunion: Reflections from the 2018 Open Streets Summit appeared first on Open Streets Project.

Open Streets Summit Draft Agenda

We hope you are getting ready and feel excited about the Open Streets Summit in Gretna/New Orleans! Taking place from September 15-16, 2018, the Summit will feature tours, presentations and networking opportunities with open streets champions and organizers from across the continent. Attendees will learn about the nuts and bolts of starting or scaling up open streets programs, including: Route design and planning Partnerships with business and officials Social inclusion Safety and logistics Marketing and promotion Program evaluation through measurable goals and metrics If you haven’t done it yet, click here to register for the Open Streets Summit only or...

The post Open Streets Summit Draft Agenda appeared first on Open Streets Project.

Open Streets Summit Speakers Announced!

The Open Streets Project is proud to announce that Ed Solis from Viva Calle (San Jose, CA), Romel Pascual from CicLAvia (Los Angeles, CA), Jaymie Santiago and Charles Brown from New Brunswick Ciclovia will join us as speakers for the 2018 Open Streets Summit in New Orleans and Gretna! Taking place from September 15-16 2018, the Summit will feature: Behind the scenes tour of the City of Gretna’s inaugural open streets program. Workshops, presentations, and networking opportunities with open streets champions and organizers from across the continent. Training and inspiration for both -novice and experienced- open streets organizers and supporters...

The post Open Streets Summit Speakers Announced! appeared first on Open Streets Project.

Local Initiatives Support Corporation

Emma Tenayuca (1916-1999): A Champion of Working People

In honor of Women's History Month, we are profiling some of the extraordinary women who conceived and shaped our current community development, social justice and anti-racist movements. Their stories may not be widely known, but their intelligence, insight, passion and unrelenting efforts blazed the path we walk today.

Lenders Launch SOAR Fund to Fuel Recovery of Small Businesses, Nonprofits in the South

The Southern Opportunity and Resilience (SOAR) Fund is raising $150 million to provide flexible, affordable financing and support services to “the smallest of small businesses” and nonprofits across 15 southern states. The fund will work with CDFIs to deploy capital, targeting historically underbanked owners and organizations. LISC is serving as fund manager.

Rethinking Ways to Get Capital to Small Businesses

The pandemic has prodded state and local governments to think hard and act quickly to move public money into shoring up the small business sector. An article in Next City looks at how new public-private partnerships—particularly ones engaging CDFIs, like the LISC-managed NY Forward Loan Fund—are paving the way to make equitable small business development part of a new normal.

© 2021   Created by Lee Cruz.   Powered by

Badges  |  Report an Issue  |  Terms of Service