Wednesday, February 13, 2013

LIU APPLAUDS PRESIDENT OBAMA’S FEDERAL MINIMUM WAGE PROPOSAL


  City Comptroller John C. Liu issued the following statement in support of President Obama’s call to increase the federal minimum wage:

“New Yorkers should find a lot to like in last night's State of the Union address. President Obama's proposal to increase the federal minimum wage to $9.00 is necessary to rebuild the middle class and help the working poor climb out of poverty.  In order to combat our City’s high cost of living and growing wealth gap, we continue to call for raising the minimum wage in New York City to $11.50 an hour. While we wholeheartedly support the President's proposal, the fact remains that $9.00 goes much further in Oklahoma City and Salt Lake City than in New York City.”

Background:
During his December State of the City address, Comptroller Liu called for a New York City minimum wage of $11.50 an hour, to be phased in over five years and then pegged to the Consumer Price Index.

Comptroller Liu’s Minimum Wage Proposal at his State of the City –
December 20, 2012:
http://www.youtube.com/watch?v=NeZIUGDaSzA&feature=youtu.be

Comptroller Liu’s Income Inequality in NYC Report – May 21, 2012:
http://www.comptroller.nyc.gov/bureaus/opm/reports/2012/NYC_IncomeInequality_v17.pdf


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