Monday, May 14, 2012

Look for Higher Prices as Retailers Add Wage Hike to Energy and Product Cost Hikes

    No surprise here....New Yorkers are in favor of giving away other people's money but not their own.
    A Siena Poll out today shows 78% of state residents favor raising the minimum wage from $7.25  to $8.50 an hour....The same survey shows 67% opposed to a pay hike for state lawmakers who have been at current levels since 1999.
     All of this means the wage hike will happen because there is political cover.

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