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Baltimore mayor vetoes bill that would raise Baltimore minimum wage to $15/hour
Baltimore has run enough businesses out of town over the last 50 years. I guess the mayor figured SOME jobs should be left in the place.
Consider the politics of such a veto. Obviously in a Democrat dominated (only) city like Baltimore the way to keep the voters happy (in the short term) is to raise the wage. Everyone would have declared how it was a victory for workers etc. And yet it seems that the good mayor was mugged by economic reality. She saw that a $15 minimum wage wasn’t going to work and indeed would burden the burdened city even more.
(From The Baltimore Sun)
Councilman Edward Reisinger of South Baltimore said although he voted to pass the bill, he would not support a veto override. Over the next seven years, the Pugh administration estimated the bill would cost the city $116 million, including the expense of paying city workers a higher minimum wage.
Reisinger said the cost is especially concerning given the city’s outstanding fiscal challenges: a $20 million deficit, a $130 million schools budget shortfall and new spending obligations associated with the U.S. Department of Justice’s police consent decree.
http://www.againstcronycapitalism.org/
Source: http://www.againstcronycapitalism.org/2017/03/baltimore-mayor-vetoes-bill-that-would-raise-baltimore-minimum-wage-to-15hour/
