The proposal would require workers on city-backed developments to make $10 an hour with benefits or $11.50 without benefits. But the three pols say the Bloomberg Administration is already against raising wages, believing it would put a burden on businesses, which is why the pols are trying to take back their decision. But Seth Pinsky of the city Economic Development Corp. says they study is just looking for the truth. He said, "Just because we have opinions on the subject does not mean that we are 'cooking the books.'"
The study's goals are to collect information on the city's wage practices, evaluate the economical impact of wage requirements and, "Develop methodologies for the assessment of the impact of wage requirements on the City’s economy, workers and residents." We're going to go ahead and guess that higher wages are better for workers, but we're not economists or anything.