Skip to comments.Chicago City Council Chooses Suicide By Minimum Wage
Posted on 12/04/2014 3:49:47 PM PST by jazusamo
Fiscal Policy: A city teetering on the brink of insolvency passes a minimum wage that would reach $13 by 2019, higher than the minimum elsewhere in a state that just elected a Republican governor. What could go wrong?
Ignoring the first rule of holes (when you're in one, stop digging), the Chicago City Council, in a Tuesday emergency session called by Mayor and former White House chief of staff Rahm Emanuel, voted 44-5 to raise the city's minimum wage from the current statewide level of $8.25 an hour to $10 on July 1, with future increases bringing it to $13 by 2019. After that, it will be pegged to inflation.
What's the emergency? Emanuel wanted to jump the gun on any minimum-wage bill that might come out of the state legislature in Springfield, particularly after the election of Republican Bruce Rauner as governor. Such legislation is said to bar cities from raising their minimums above the state's. Rauner has said that any minimum-wage increases should be part of a package that promotes growth without reducing competitiveness.
"Raising the minimum wage doesn't help somebody (who is) unemployed, and it doesn't help somebody who's employed and who could get unemployed because of the lack of competitiveness that raising the minimum wage could engender," Rauner said.
(Excerpt) Read more at news.investors.com ...
Chicago is a heavily unionized city and union contracts escalate with the minimum wage. Not ‘unexpected’ at all.
Rahm Emmanuel is the reason we are having such protests...remember his infamous statement ‘never let a crisis go to waste’.
It’s not for 5 years....lol. I swear they are so dumb. By then 13 dollars will equal 7.25. If they were serious, they would have it start in January.
With the high cost of Living nowadays, why not make it an even $50K per Year??
$10 on July 1st? That’s racist! It should be $25!
Unfortunately, Chicago and other hell-holes do this to exert pressure at the federal level, so EVERYONE suffers.
Yep, the libs and commie union leaders would be all for it.
This just guarantees that the businesses will move outside of Cook County.
Every year a professional society I belong to has its annual meeting in Chicago.
I refuse to go as I refuse to support this criminal city. I have never been to the meeting.
I emailed the director of the meeting about when the meeting would be held elsewhere. I got no response.
Exactly, the title is right on the mark.
CLOWARD/PIVENS, this is just another manifestation.
I'm going to guess that, if the minimum wage is LOWERED, union contracts do NOT also lower union wages.
Raising the minimum wage is only a vote getter, and these dorks know it. No one but a LIV could possibly believe they have the good of their constituents in mind.
Pikers. The West coast is shoot for $15 or possibly $25 a hour. But, on the other hand, there is probably no “living wage” possible in a place like Chicago....if you wake up in the morning and you are not dead, then you suffer through another day until you can retire and move out of state.
Emanuel is as slimy as they get and just as Left. Dangerous in and out of the White House.
“This just guarantees that the businesses will move outside of Cook County.”
Any of them physically capable of moving have already done so. Sounds like a plan - Chicago is on its way to being another “food desert”. And then the Dems will wonder how it happened.
Liberals who are like arsonists who work for the fire department. They light a fire then show up with a tanker full of gasoline to put it out.
IIRC,San Francisco has the highest minimum wage of any city in the nation.
Business owners there also must pay another $1.23 to $1.85 an hour per employee for health-care coverage if they don’t offer health insurance. San Francisco is also the only city in the state that charges a payroll tax of 1.5 percent; it also mandates nine paid sick days annually per employee.
And yet they have more panhandlers and homeless than anywhere I’ve recently visited in the US and has the highest rental rates in the country if you exclude Manhatten.
Leftard feel-good ‘solutions’ usually make things worse.
Be careful what you advocate for, Mr.Marty.We don’t want to turn our state into SF. Nice place to visit, couldn’t afford to live there.
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