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New Jersey minimum wage veto reignites debate

Media Outlet: 

Burlington County Times

New Jersey Democrats plan to introduce a referendum to raise the minimum wage to $8.25 an hour after Gov. Christie vetoed the bill to raise it last week. Despite the veto, the minimum wage remained a hot topic among residents across the state, including frightened small business owners. "If you raise the price of anything, less will be taken. This 'law of demand' applies to everything, including labor," Temple economist William Dunkelberg said. "Raising the minimum wage will immediately, and into the future, induce firms to find ways to use less labor."