News
A constitutional amendment raising the minimum wage in New Jersey and tying future increases to the Consumer Price Index could harm business, says Patrick McCarthy in a January 31st Law360 article. Following Gov. Chris Christie's veto of a proposed wage hike, state Democrats may bring forward a constitutional amendment on the issue to the state's voters. The amendment would raise the minimum wage and tie future increases to the Consumer Price Index. Patrick says that such an amendment could hurt NJ businesses by locking in an increase without taking into consideration future economic changes, which in turn could make the state less appealing to new business. He tells Law360 that, "Putting an airplane on automatic pilot is risky if the pilot can not take back the manual controls for an extended period, if at all."
