Friday, September 11, 2015

Forbes: New York $15 Minimum Wage Plan Is Cuomo-omics

By SIMON CONSTABLE
Bad news for everyone who supports free market economics in New York State.
On Thursday New York Governor Andrew Cuomo approved plans for a $15 an hour minimum wage for all the state’s fast food workers. Specifically, it’s for those at large chains, at least for now. But he also says that $15 rate should be the minimum for all workers, state-wide. Unfortunately, he’s wrong.
Here’s why Cuomo-omics makes no sense.

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