Andrew Cuomo Quotes
If you go from $7 to $15 in a very short period of time, potentially that could have a negative effect on some economies because that is a very big jump. And you're saying to businesses that employ a large number of minimum wage workers, your payroll is basically going to double. That could have a negative impact. It would have to be studied.
Cuomo, Andrew. Editorial Board Meeting. Syracuse.com, 21 Oct. 2014.
At the time, a person earning the federal minimum wage would still be in poverty.
Andrew Mark Cuomo is an American politician, author and lawyer serving as the 56th governor of New York since 2011. A member of the Democratic Party, he was elected to the same position his father, Mario Cuomo, held for three terms. He has served as chair of the National Governors Association since August 2020.