Imposing more state mandates will have a chilling effect on New Jersey’s economy warned the 9th Legislative District delegation, following the announcement of what is the latest in a string of anti-small business policy proposals.
Connors, Rumpf and Gove noted that plans by Democrats to nearly double the minimum wage to $15/hour would result in price increases that hurt fixed-income seniors. (©iStock)
The statement from Senator Christopher J. Connors, Assemblyman Brian E. Rumpf and Assemblywoman DiAnne C. Gove comes in reaction to the recent announcement of a joint state-federal effort by New Jersey elected officials to raise the minimum wage to $15 per hour.
The delegation questioned how the state could be considering nearly doubling the minimum wage, which could very well drive up the cost of goods, when seniors recently learned they won’t be receiving a cost-of-living increase in their social security checks this year.
Read the rest of Connors, Rumpf & Gove: Small Businesses & Seniors Will Be Hit Hard by Minimum Wage Increase (293 words)
