When Businesses are Failing… Raise the Minimum Wage?

Posted on 23 September 2008

Governor Corzine, I don’t get it. According to the Courier Post Online, your reaction to the current financial crisis includes an increase of the minimum wage.

Among the proposals discussed:

Forming a syndicate of small banks and lenders to extend credit to small and mid-sized businesses and help homeowners fend off foreclosure.

Jump-starting infrastructure projects such as schools.

Luring businesses by touting New Jersey’s real estate assets.

Raising the minimum wage and extending unemployment benefits.

Partnering with utility companies to create jobs in energy conservation.

I thought that when the economy is bad, we want to make it easier for businesses to survive. I can see the appeal of extending unemployment benefits, but giving people more money for the same work? Really? How exactly will that help?


Category: Corzine, economics, fannie mae, freddie mac, mortgage crisis, sub-prime

No responses yet. You could be the first!

Leave a Response

Recent Posts

Tag Cloud

2011 All Star Game 2011 Budget 2011 NJ Budget Atlas Shrugged Boehner Bush Tax Cuts Chicago Blackhawks Christie veto congressional primaries debt deal democrat Democrat hypocrisy Democrat lies on taxes Flyers Greenwald Heritage foundation analysis intolerance liberal lookup tea party events mayor MLB nj budget nj democrats NJEA NJ Tea Party obamacare political ignorance primary day Rei rob parisi school budget school budgets Schumer socialism Stanley Cup state spending susan mccartney taxes tea party Tea Party Patriots town council trentonian Venezuela vic cirilo west orange

Meta

NJ Tax Revolution is proudly powered by WordPress and the SubtleFlux theme.

Copyright © NJ Tax Revolution