RIBLE STATEMENT ON MINIMUM WAGE RESOLUTION

Assembly Republican Conference Leader Dave Rible, R-Monmouth and Ocean, issued the statement below regarding the Assembly’s approval today of SCR-1, which proposes an amendment to the State Constitution which would set the minimum wage at $8.25 an hour beginning January 1st, if it is approved by the voters in November. The resolution also requires annual increases to the wage based on the consumer price index for all urban wage earners and clerical workers (CPI-W).

“An economic factor such as the minimum wage should be determined by the marketplace and through a dialogue between the governor and Legislature. Increasing the wage by 14 percent and basing future increase in the CPI will impact businesses and eventually workers, especially those who are younger and work part-time. This issue does not rise to the level of amending New Jersey’s Constitution.

“Governor Christie offered a compromise, but the Democrats are intent on making this a political issue instead of a public policy debate. The consequences of this bill will hurt the very people that advocates think it will help. Companies will adjust their business model accordingly to account for this cost increase.”

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