1999

Bolstering and Diversifying New York City’s Economy

December 2, 1999. This paper is part of the series Rethinking the Urban Agenda, sponsored by the Century Foundation and the Center for Urban Research at the CUNY Graduate Center.  Text of report, tables and charts. (read more)

New Yorkers Deserve a Fair Deal from State Government

December 2, 1999. The Fair Budget Campaign issues its third annual “People’s Budget;” a wide range of groups call on Governor and Legislature to InVEST in New York’s “human infrastructure.” Press release:

The Fair Budget Campaign released its third annual People’s Budget today, calling for increased investment in the state’s most valuable resource: its people. The Fair Budget Campaign is a cooperative project of ten statewide organizations that represent religious, senior citizen, community, student, environmental and taxpayer perspectives.

The leaders … (read more)

Boost the Minimum Wage? Yes, to raise living standards

October 27, 1999. An op ed by James A. Parrott, Daily News.(read more)

Minimum Wage Fact Sheet

October 1999. In a nutshell:

The Minimum Wage and New Yorkers’ Hourly Wages Have Declined.

  • Despite sizable growth in the productivity of our nation’s economy over the last 30 years, the purchasing power of the federal minimum wage has fallen by one-third. · The value of the minimum wage has dropped to less than 40 percent of average hourly earnings, down from over 50 percent in the 1960s.
  • In the 1960s and 1970s, the earnings of a full-time, year-round worker
(read more)

New York’s Poverty Rate Remains High While the National Poverty Rate Continues to Fall

September 30, 1999. Press release:

The new poverty statistics released today by the United States Census Bureau show that  New York’s poverty rate remained high while the national poverty rate continues to fall. The national poverty rate declined for the fifth consecutive year. This year’s decline was particularly large, from 13.3% to 12.7%. At the same time, however, New York’s poverty rate showed no improvement. Actually New York’s poverty rate increased from 16.5% in 1997 to 16.7% in 1998 but … (read more)

Why the Federal and State Governments Should Both Increase and Index Their Minimum Wages

September 1999.  By Frank J. Mauro.

The first minimum wage at the federal level was signed into law in 1938, after several states including New York had enacted their own minimum wage laws. The U. S. Supreme Court had first invalidated such state laws as violating the liberty of contract and then upheld them as a proper exercise of the states’ power to protect the public health, safety and welfare. From the very beginning, such laws protected responsible employers from … (read more)

State of Working New York 1999: The Illusion of Prosperity

September 1, 1999. Prosperity bypasses most New Yorkers. Wages fall, the upstate economy falters, and the ranks of the working poor rise over the 1990s. Press release below.

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Testimony before the Assembly Standing Committee on Economic Development, Job Creation, Commerce and Industry and Assembly Committee on Small Business

May 27, 1999. The Upstate Economy: Testimony delivered by Trudi Renwick, Economist, Fiscal Policy Institute, Utica, New York.

Thank you for the opportunity to testify on the economic development challenges facing Upstate New York. I would like to review the economic situation in the State and then talk about three issues that affect the Upstate Economy: STAR, the difficulty of the welfare-to-work transition for people with no paid work experience even in areas with tight labor markets, and the ability … (read more)

Taxpayers Deserve a Fair Shake From Businesses That Receive Government Subsidies

May 25, 1999. Legislators and coalition of statewide organizations urge New York to join national move toward greater accountability in the granting of corporate subsidies. Group press release:

“State and local taxpayers should get their money’s worth from the billions in government subsidies that are given to businesses each year in New York State,” declared the Fair Budget Campaign at a press conference this morning at the Legislative Office Building in Albany. The Fair Budget Campaign is a cooperative project … (read more)

Testimony before the Assembly Standing Committee on Economic Development, Job Creation, Commerce and Industry and Assembly Committee on Small Business

May 11, 1999. The Upstate Economy: Testimony delivered by James Parrott, Deputy Director and Chief Economist, Fiscal Policy Institute, Albany, New York.

Thank you for the opportunity to testify on the economic development challenges facing Upstate New York. The lagging performance of the upstate economies is a serious issue. Weak job growth for an extended period in the 1990s has restrained income growth and the resulting lack of job opportunities has, unfortunately but not unexpectedly, led many people to give … (read more)