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New jersey goes for a minimum wage hike as cons cry!


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On Nov. 5, New Jerseyans will vote on whether to amend the state Constitution to increase the minimum wage from $7.25 to $8.25, followed by automatic annual increases based on the Consumer Price Index.

 

Proponents say an increase would help employees improve their standard of living. Opponents say it would force businesses already operating on thin profit margins to raise prices and cut staff, creating an even worse situation for those on the bottom rung of the career ladder.

 

“The money has to come from somewhere,” said Michael Saltsman, research director at Employment Policies Institute, a business-backed think tank

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Raising the minimum wage, he said, “would be harmful to both the state’s employers and employees, and will hurt the least-skilled job seekers the most” in an economy where 26 percent of teenagers between the ages of 16 and 19 already are unemployed.

 

Away from the political and philosophical discussions, The Star-Ledger spoke with minimum-wage workers from ages 19 to 66 about what it’s like to live on $7.25 an hour.

 

Of course the money comes from somewhere idiot!!! It is either going to come from the consumer or from the fking parasites sucking the chit out of the profits. lol~~

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