Last updated on: 3/14/2016 12:19:34 PM PST | Author: ProCon.org

New York Times Biography

Position:
Pro to the question "Should the Federal Minimum Wage Be Increased?"
Reasoning:

“[T]he risk in keeping the minimum too low is bigger than the risk of raising it too high. One reason a third of Americans today live in or near poverty is that many jobs in the United States do not pay enough to live on. This is due in part to the steady erosion in the minimum wage — even as labor productivity, corporate profits and executive compensation have gone up. A raise to $12 an hour in 2022, or a mere $24,000 a year for a full-time job, would only lock in that dynamic. Even a $15 minimum works out to only $31,000 a year.

Economic obstacles are not standing in the way of a $15-an-hour minimum wage. Misplaced caution and political timidity are.”

“Hillary Clinton Should Just Say Yes to a $15 Minimum Wage,” nytimes.com, Feb. 17, 2016

Theoretical Expertise Ranking:
Media and Academic Journals
Mainstream print, broadcast, radio, and internet media entities such as the New York Times, CNN, ABC News, National Public Radio, Slate.com, Seattlepi.com, etc., as well as influential academic journals such as the Journal of the American Medical Association, Quarterly Journal of Economics, Foreign Policy, etc.
Description:

“The New York Times Company (NYSE: NYT) is a global media organization dedicated to enhancing society by creating, collecting and distributing high-quality news and information. The company includes The New York Times, International New York Times, NYTimes.com, INYT.com and related properties. It is known globally for excellence in its journalism, and innovation in its print and digital storytelling and its business model.”

The New York Times Announces Solid Circulation Gains,” investors.nytco.com, Mar. 3, 2016

Mission:

“The core purpose of The New York Times is to enhance society by creating, collecting and distributing high-quality news and information. Producing content of the highest quality and integrity is the basis for our reputation and the means by which we fulfill the public trust and our customers’ expectations.”

“Standards and Ethics: Core Purpose,” nytco.com (accessed Mar. 3, 2016)

Other:
Daily newspaper
Contact Info:
Phone
1-844-698-6397
Email
[email protected]
Website
www.nytimes.com
Quoted in:
Should the Federal Minimum Wage Be Increased? – Pro & Con Quotes