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cali

(114,904 posts)
Mon May 12, 2014, 10:56 PM May 2014

Vermont Passes The Highest State Minimum Wage In The Country

Vermont’s minimum wage will rise from $8.73 to $10.50 over the next four years under a bill that won final passage just before the legislative session ended on Saturday. The measure puts Vermont on track to have the highest minimum wage of any state in 2018, higher than a handful of states whose pay floors will rise to $10.10 under laws approved this year.

“I will be proud to sign it,” Gov. Peter Shumlin (D) said of the bill. The final version will phase in the higher wage in order to win nearly unanimous support in both chambers. The state’s minimum wage was already indexed to inflation.

The Green Mountain state is the seventh to enact a minimum wage hike this year and the fourth to crack the $10 mark. Delaware and West Virginia lawmakers raised their wages above $8 an hour. Minnesota raised the minimum wage for most large companies to $9.50. And Hawaii, Maryland, and Connecticut each established $10.10 minimum wages.

<snip>

http://thinkprogress.org/economy/2014/05/12/3436853/vermont-minimum-wage-highest/

8 replies = new reply since forum marked as read
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Vermont Passes The Highest State Minimum Wage In The Country (Original Post) cali May 2014 OP
In 4 years Politicalboi May 2014 #1
true enough but it's better than any other state in the country cali May 2014 #4
Fail! 10.50 Please, in 4 years when you'll need 17.00 just to break even trublu992 May 2014 #2
Killing jobs, hurting struggling small businesses, and vaporizing the progress of those... Demo_Chris May 2014 #3
Oh BlindTiresias May 2014 #5
Yes and no. Done wrong, those things become very real... Demo_Chris May 2014 #7
They're afraid of businesses moving to neighboring states ... surrealAmerican May 2014 #6
Yeah the Federal is the answer trublu992 May 2014 #8
 

Politicalboi

(15,189 posts)
1. In 4 years
Mon May 12, 2014, 11:35 PM
May 2014

Good luck till then. And by then, you'll need $12.00 an hour to survive, and that's just eeking by. I started a job in 1989 and got $8.00 and hour. 25 fucking years ago. This is going to affect a lot of people when they collect SSI. All that time and money you didn't earn because of these assholes year after year.

 

cali

(114,904 posts)
4. true enough but it's better than any other state in the country
Tue May 13, 2014, 05:37 AM
May 2014

and in VT if you make minimum wage, your kids will be covered medically and so will you- and you'll get food stamps.

I know, I've been there.

trublu992

(489 posts)
2. Fail! 10.50 Please, in 4 years when you'll need 17.00 just to break even
Tue May 13, 2014, 12:04 AM
May 2014

what the hell are they so afraid of when it comes to raising the minimum wage?

 

Demo_Chris

(6,234 posts)
3. Killing jobs, hurting struggling small businesses, and vaporizing the progress of those...
Tue May 13, 2014, 02:21 AM
May 2014

Who have clawed there way up from minimum wage.

 

Demo_Chris

(6,234 posts)
7. Yes and no. Done wrong, those things become very real...
Tue May 13, 2014, 10:34 AM
May 2014

It's EASY to be confident when it's all theory, but when real people's lives and jobs and businesses are on the line the theories start to sound as substantial as unicorn giggles-- or Republican faerie tales, only the opposite Democratic party version. And that's something to keep in mind, because the theories which give you supreme confidence are just that. The economists you hear spouting them also thought NAFTA sounded like a great idea at the time. Krugman and Reich, champions of aggressive minimum wage increases not only supported NAFTA, they both support giving it another go with the TPP. Neither of them warned of the housing and banking collapse prior to it happening-- the loudest voices warning about that were assholes like Peter Schiff. He was right, and damn near every other 'expert' on the planet, including the guys urging states to go crazy on the minimum wage, were wrong.

Economics might use lots of math, but it's damn sure not a science. It's more a religion. It comes closest to being a science down where the metal hits the meat, at that small corner store or Walmart where the customers and business owners and employers live. It's not theory down there, but none of them have megaphones so you have to actually listen.

surrealAmerican

(11,362 posts)
6. They're afraid of businesses moving to neighboring states ...
Tue May 13, 2014, 07:25 AM
May 2014

... which is why the minimum needs to be raised for the whole nation.

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