Does anyone know the Vegas odds on which Democratic Governor will bankrupt the most businesses in their state? New Jersey Governor Murphy, New York Governor Cuomo and Pennsylvania Governor Wolf seem to be competing to see how many jobs they can chase from their state. Continue reading “Not to be outdone by Murphy Pennsylvania Governor Wolf wants to ruin businesses in his state.”
According to a story on NJ.com New Jersey State Assembly Speaker Craig Coughlin says he expects a vote on a $15 minimum wage in December or January. New Jersey’s minimum wage is $8.60 an hour. It will rise 25 cents an hour to $8.85 in January due to past legislation tying annual increases to changes in the consumer price index. I’ll never understand why Democrats want to put the burden of a higher minimum wage on New Jersey employers (and ultimately consumers) rather than the state encourage and assist New Jersey residents in getting the education and skills needed to make them more valuable in the job market.
Governor Murphy has not hidden his desire to increase the minimum wage in New Jersey to $15 per hour. In response to a bill introduced by Assemblywoman Shavonda Sumter to increase the minimum wage Murphy said “I congratulate and thank Assemblywoman Sumter and her Assembly colleagues on their efforts to ensure a fair and livable wage for all working New Jerseyans. We know what will happen when we put the minimum wage on a path to $15 an hour – workers will have more money to raise their quality of life and secure a better future for their families and employers will see less turnover. Ensuring a fair wage is about restoring basic fairness to our economy, and about ensuring that every working family can be part of growing our economy. I look forward to working with Assemblywoman Sumter and her cosponsors, Assemblywoman Mosquera and Assemblymen Egan and Wimberly, and all legislators, to pass an increase in the minimum wage by the end of this year.” But do economists agree with Murphy?