Connecticut Business Leader and Patriotic Millionaires Praises CT $15 Minimum Wage

Tuesday, May 28
For Immediate Release
Tuesday, May 28, 2019
Contact: Sam Quigley
202-446-0489

 

Connecticut Business Leader and Patriotic Millionaires Praises CT $15 Minimum Wage

“As a business leader, I know from experience that paying employees a living wage leads to a happier workforce and better work.”

 

Hartford, CT – Today, Connecticut Governor Ned Lamont signed a $15 minimum wage bill for his state into law. The law increases the state minimum wage by $1 every year starting in October, reaching $15 in 2023, and indexes it to inflation thereafter. In response, John Driscoll, CEO of Connecticut-based CareCentrix and Patriotic Millionaires member, issued the following statement:
“We applaud the state of Connecticut’s commitment to ensuring its workers can afford to live on their wages. Connecticut joins a growing number of states with $15 minimum wage laws. Meanwhile, the federal minimum wage has languished at $7.25 for 10 years. The minimum wage used to be a ticket to a middle-class life, but today hardworking wage earners struggle to pay for their basic needs. Congress must raise the minimum wage to restore fairness and dignity to work.
With fairer wages, employees win, but so do all of us. As a business leader, I know from experience that paying employees a living wage leads to a happier workforce and better work. When workers’ paychecks buy more than bare subsistence, they can engage more effectively at work. With fairer wages, we can create the kind of homegrown economic development we need. While our nation’s challenges require many solutions, paying fair wages is the least we can do. Wage earners should not have to suffer to succeed in the American economy.”
For further comments or questions, please contact Sam Quigley at [email protected]

 

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About the Patriotic Millionaires

Proud “traitors to their class,” members of the Patriotic Millionaires are high-net worth Americans, business leaders, and investors who are united in their concern about the destabilizing concentration of wealth and power in America. The mission of The Patriotic Millionaires organization is to build a more stable, prosperous, and inclusive nation by promoting public policies based on the “first principles” of equal political representation, a guaranteed living wage for all working citizens, and a fair tax system. You can find out more at https://patrioticmillionaires.org/about/

The Patriotic Millionaires have appeared on hundreds of media outlets here and abroad, including The Daily Show with Jon Stewart, the PBS NewsHour, The New York Times, Washington Post, CNN, MSNBC, Fox News, and many others. You can find more coverage at https://patrioticmillionaires.org/media

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