N.J. Chamber of Commerce President and CEO Thomas Bracken's Statement on Gov. Christie's Veto of $15 Minimum Wage Bill
The New Jersey Chamber of Commerce applauds Governor Christie's veto of the $15 minimum wage bill.
The Chamber believes this increase would have a potentially catastrophic effect on business, on the state economy, and most importantly, on many of the workers this wage increase is supposed to help.
We believe there are better and more effective ways to help low-wage earners and the working poor.
The State Chamber and other business organizations have offered to discuss our proposals with state leaders, but we continue to receive no response.
We need to enact policies that attract and encourage investment and generate economic growth in New Jersey. That is how you open create real opportunities for workers at all levels and make it a win for everyone.
We believe proposals coming from our suggested dialogue would result in solutions to many economic issues including this one and go a long way to achieving the goal of making New Jersey more competitive and more affordable. The minimum wage increase does neither.