OD:
Taxpayers to subsidize NY's higher minimum wage.
The hike in New York's minimum wage is a big win for Democrats, but a provision buried inside the tentative state budget shows taxpayers will be paying much of the bill.
The "minimum wage reimbursement credit" . . . would reimburse employers for part of the difference in wages from the current $7.25 minimum wage as it rises to $9 an hour by 2016.
Article VI Section 8 of the
NY State Constitution provides as follows:
1. The money of the state shall not be given or loaned to or in aid of any private corporation or association, or private undertaking; nor shall the credit of the state be given or loaned to or in aid of any individual, or public or private corporation or association, or private undertaking . . .
Somehow I don't think this is about helping the needy with a "living wage", but, rather, asserting government control over a larger segment of the economy through employees and employers alike.
1 comment:
Looks like that last statement can be summed up in two words, "buying votes." A trick learned from the Obama campaign. It throws a leash around the neck of the employer and the minimum wage employee both. A leash that allows the Democrats to lead those sheeple to the polls to vote for those that give them "free stuff" with OUR Money. Hey, it worked in a presidential election. Why not at the state level?
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