April 23, 2012. Testimony presented to the New York Assembly Labor Committee by James A. Parrott. Ten reasons: (1) to restore the minimum wage’s lost purchasing power, (2) to raise New York’s wage floor, (3) to help low-income families. And because it (4) won’t reduce employment, or (5) hurt taxpayers. But, it will (6) boost the economy (and jobs), (7) complement the EITC, and (8) reduce burgeoning income inequality. Increasing the minimum wage will (9) restore New York’s leadership on progressive issues and (10) combat the depressive impact of high unemployment.