CrimsonPhantom
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NY Forced to Skip Planned Minimum Wage Increase Because Its Economy Isn’t Good Enough
Quote:New York State will not increase its minimum wage in January 2027, marking the first time the state has frozen wages since a 2023 law tied future annual adjustments to the rate of inflation and job losses.
Democratic Gov. Kathy Hochul, who is running for reelection in November, is seeking approval for the change from the Democrat-led state legislature, the Times Union reported last week.
New York officials said the state has lost thousands of private sector jobs this year, which triggered the law forcing the minimum wage freeze.
Consumer costs have also increased while confidence has floundered.
Hochul blamed the state’s woes on the “misguided policies” of President Donald Trump, citing his tariff actions and the Iran War.
“This change is good for workers and businesses as it will ensure that those hardest hit by Trump’s affordability crisis keep pace with the cost of living, maintain their purchasing power, contribute to the state economy, and support our small business community,” she said in a statement.
This news comes as other blue states are set to hike their minimum wages for 2027, including neighboring New Jersey.
California, Connecticut, Michigan, and Washington state will also be raising minimum wages beginning on Jan. 1, according to a Fox News report published on Tuesday.
Washington will have the highest wage at $17.73 an hour, up 60 cents from its current $17.13 rate. Connecticut’s minimum wage will rise from $16.94 to $17.48, while California’s will climb from $16.90 to $17.40.
New Jersey will increase the minimum wage by 56 cents to $16.48 an hour for most of its workers, while Michigan’s rate will climb from $13.73 to $15 an hour.
California was recently cited in a report by CNN about how high labor costs are causing businesses to close and hurting the local economy.
CNN senior national correspondent Kyung Lah interviewed Los Angeles business owner Tom Sopit, whose restaurant survived the COVID lockdowns but is now closing due to regulations, taxes, and high labor costs.
“The cost of goods, the cost of labor is much higher than everyone else in the country,” he noted.
“I think you can’t just keep taxing businesses and people,” Sopit added. “How are we just keep paying more taxes, but somehow the state just keeps going downhill? That doesn’t make sense.”
Lah was later interviewed by CNN’s Dana Bash about her sit-down with Sopit and said this type of governance is “going to chase Gov. Newsom as he seeks higher office.”
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| 10-08-2026 12:12 PM |
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banker
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RE: NY Forced to Skip Planned Minimum Wage Increase Because Its Economy Isn’t Good Enough
Democrats aren’t bright. What caused off-shoring of manufacturing? Yep, cheaper labor. So Trump places tariffs, part of which is bring back those jobs. So what do democrats do? They position their states to be the higher labor cost option as those companies re-shore operations. Domestic businesses are already off shoring from blue states over costs.
They don’t seem to understand they have 49 domestic competitors. They are putting themselves in an economic death spiral where they will have to continue to increase taxes on an ever dwindling base. It’s like they can’t see the impact of the exact opposite approach of TN, FL, and TX.
This is why blue state politicians want socialism funded by the federal government, they’ve ruined their own states and want the people and companies that left to pay for that failure of leadership.
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| 10-08-2026 04:33 PM |
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Eldonabe
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RE: NY Forced to Skip Planned Minimum Wage Increase Because Its Economy Isn’t Good Enough
(10-08-2026 04:33 PM)banker Wrote: Democrats aren’t bright. What caused off-shoring of manufacturing? Yep, cheaper labor. So Trump places tariffs, part of which is bring back those jobs. So what do democrats do? They position their states to be the higher labor cost option as those companies re-shore operations. Domestic businesses are already off shoring from blue states over costs.
They don’t seem to understand they have 49 domestic competitors. They are putting themselves in an economic death spiral where they will have to continue to increase taxes on an ever dwindling base. It’s like they can’t see the impact of the exact opposite approach of TN, FL, and TX.
This is why blue state politicians want socialism funded by the federal government, they’ve ruined their own states and want the people and companies that left to pay for that failure of leadership.
Any chance your $10M NYC Bailout had something to do with it as well?
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| 10-08-2026 04:57 PM |
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banker
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RE: NY Forced to Skip Planned Minimum Wage Increase Because Its Economy Isn’t Good Enough
(10-08-2026 04:57 PM)Eldonabe Wrote: (10-08-2026 04:33 PM)banker Wrote: Democrats aren’t bright. What caused off-shoring of manufacturing? Yep, cheaper labor. So Trump places tariffs, part of which is bring back those jobs. So what do democrats do? They position their states to be the higher labor cost option as those companies re-shore operations. Domestic businesses are already off shoring from blue states over costs.
They don’t seem to understand they have 49 domestic competitors. They are putting themselves in an economic death spiral where they will have to continue to increase taxes on an ever dwindling base. It’s like they can’t see the impact of the exact opposite approach of TN, FL, and TX.
This is why blue state politicians want socialism funded by the federal government, they’ve ruined their own states and want the people and companies that left to pay for that failure of leadership.
Any chance your $10M NYC Bailout had something to do with it as well?
That’s just a symptom of the structural issue. The cities fail before the state.
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| 10-08-2026 06:46 PM |
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