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Malloy (CT) proposes $10.10 hourly minimum wage
WFSB ^

Posted on 02/04/2014 3:42:44 PM PST by matt04

Gov. Dannel P. Malloy wants to increase Connecticut's minimum wage to $10.10 an hour by 2017, the same rate the president proposed for the federal minimum wage.

The Democrat said the increase would make Connecticut's wage the highest in the country.

Connecticut's minimum wage increased from $8.25 to $8.70 on Jan. 1. A second increase to $9 is scheduled to take effect on Jan. 1, 2015.

Malloy, who has yet to announce his re-election plans, said an even higher wage is needed to "tackle the growing income inequality" that's hurting the middle class.

"Part of tackling that critically important challenge is making sure that we recognize that a good and decent wage is good for workers and good for business," said Malloy at a news conference in Bridgeport. "For too long, the minimum wage has not kept up with the cost of living. As studies have shown, the workers who would benefit from a minimum wage increase brought home 46 percent of their household's total wage and salary income in 2011. When workers earn more money, businesses will have more customers. This modest boost will help those earning the least to make ends meet."

(Excerpt) Read more at wfsb.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: Connecticut
KEYWORDS: hartfird; malloy; minimumwage
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To: matt04
$10.10 x 29 hr x 50 weeks = $14,645.

It's going to be difficult to cover the obligatory Connecticut middle-class Mercedes lease payments, insurance and gasoline on that, never mind taxes, Social Security and the mandatory Obamacare premium. And the minimum wage worker still needs a place to live - if it not possible to live in his car in the McDonalds parking lot.

Yeah, $50.50 sounds like a better idea!


21 posted on 02/04/2014 5:01:35 PM PST by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: Paladin2
"P2 proposes a $50/hr minimum wage."

Don't be so cheap - we should ALL make $200/hour.
Or maybe 1 million dollars/year salary.

22 posted on 02/04/2014 5:12:16 PM PST by Psalm 73 ("Gentlemen, you can't fight in here - this is the War Room".)
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To: matt04

Petty thinkers.


23 posted on 02/04/2014 5:16:30 PM PST by VRW Conspirator ( 2+2 = V)
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To: KosmicKitty

I don’t recall him making it official yet.


24 posted on 02/04/2014 5:28:22 PM PST by matt04
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To: matt04
Why not $20/hr. or $50/hr. or $100/hr? After all, the worker needs the money, right? So, what's his employer to do, Gov? I would: 1) cut staff and 2) automate my business as much as possible. Automation would pay for itself in a very short order when the cost of labor is artificially raised by a stupid politician.
25 posted on 02/04/2014 5:45:16 PM PST by MasterGunner01
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To: Psalm 73
"1 million dollars/year salary."

I'm totally down wid dat for at least the next two years.

(inflation could easily drive that number higher after that).

26 posted on 02/04/2014 6:05:45 PM PST by Paladin2
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To: matt04

Governor Malloy apparently realizes that the average minimum wage worked will have his hours cut from 36 hours per week to 27 hours per week because of Obamacare.

36*$7.35 = $264.60
27*$10.10 = $272.70

In short, the proposed rise in the minimum wage is a post facto attempt to provide those with no or minimum skills the same weekly wage for less work.

But the Dumbocrats do not realize that the $8.10 weekly increase will not purchase any policy under Obamacare.


27 posted on 02/04/2014 6:23:49 PM PST by MIchaelTArchangel (Have a wonderful day!)
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To: matt04

He’s giving everyone $55. That make it official.

If it were just illegal aliens and welfare queens - it would be an off election year :-)


28 posted on 02/04/2014 6:34:10 PM PST by KosmicKitty (WARNING: Hormonally crazed woman ahead!!)
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To: KosmicKitty

He must be getting desperate that he won’t be able to steal another election.


29 posted on 02/04/2014 8:24:27 PM PST by matt04
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