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NJ Workers, Businesses Will Suffer Consequences of Minimum-Wage Amendment

November 06, 2013

New Jersey Workers, Businesses Will Suffer Consequences of Minimum-Wage Amendment

“Feel-Good Politics Will Not Lead to Feel-Good Results”  

BOGOTA, NJ – Americans for Prosperity state director Daryn Iwicki has issued the following statement in response to passage of a constitutional amendment on the minimum wage.

“Over the past dozen years, our liberal legislature has adopted a failing Keynesian, big-government agenda that’s inflicted severe damage on our state’s economy, fiscal condition and unemployment picture. Imposing these bad policies by statute is one thing because future legislatures can roll them back and fix the mistakes of the past.

“That’s why no matter where one stands on the minimum wage, amending our state constitution to impose a wage hike and then tying future increases to CPI is both reckless and stupid. And it’s disturbing to say the least that liberals in control of the legislature have resorted to abusing the amendment process to get back at the governor and achieve a policy victory they could not otherwise accomplish through the normal legislative process.

“Unfortunately, many have been led to believe that raising the minimum wage is the right thing to do and have been swayed by what amounts to feel-good politics. After all, who doesn’t want fellow citizens to have a little more in their pockets? But feel-good politics will not lead to feel-good results.

“The very New Jersey workers this aims to help, teenagers and low-skilled workers in particular, will be the ones hurt the most in the way of lost jobs and opportunity. Small businesses will be hurt by having to cope with yet another onerous mandate they cannot afford. And consumers will be hurt because of a ripple effect in wages that will manifest itself in higher prices at the check-out counter.

“Worst of all, what’s been done cannot be undone so easily. New Jerseyans will now have to suffer the consequences of their choice for the foreseeable future. And that’s bad news for all of us.”

Americans for Prosperity (AFP) is a nationwide organization of citizen-leaders committed to advancing every individual’s right to economic freedom and opportunity. AFP believes reducing the size and intrusiveness of government is the best way to promote individual productivity and prosperity for all Americans. AFP educates and engages citizens to support restraining state and federal government growth and returning government to its constitutional limits. AFP is more than 2 million activists strong, with activists in all 50 states.  AFP has 34 state chapters and affiliates. More than 85,000 Americans in all 50 states have made a financial contribution to AFP or AFP Foundation. For more information, visit www.americansforprosperity.org

Americans for Prosperity does not support or oppose candidates for public office.

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