"It would be better for the economy, but I feel like they would just raise the prices for everything... it's like a double-edged sword. It is possible, but they got to stop raising the prices of everything else... if everything is going up and also the salary, there's no point."
"New Yorkers, we're going to support local businesses, but at the same time, can local businesses afford to pay $30 an hour?"
A proposal before the New York City Council seeks to establish a $30 per hour minimum wage to improve financial conditions for New Yorkers. While intended to provide workers with greater income, the proposal faces significant concerns. Public feedback reveals worry that businesses would respond by raising prices across the economy, potentially negating wage gains. Additionally, concerns exist about whether small business owners could sustain operations while paying $30 hourly wages. Citizens express skepticism that simultaneous increases in both wages and prices would meaningfully improve living standards.
Read at Curtis Sliwa & Larry Mendte In The Morning
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