Just today in the papers in New Jersey, and that is in 1990, if one was making in the area of $44,000 to $45,000 a year, since that time, in that 5- or 6-year period that we have the statistics for, one's wages increased $104 in those 5 years. Anything below that, anything below that, and that means a lot of folks in my district, the Eighth District in New Jersey, the losses can be anywhere from $800 to $2,000. Those are astonishing numbers. Now, we want and believe in trade, but we want our workers and our businesses to benefit. We have redefined the debate very significantly, because this is not labor versus business. Many of those who oppose fast track in my district own businesses and are very conservative, austere business people who are being hurt, and they understand what is going on very well. So to define this as this against that, we are not going to accept that this time, are we?
Bill Pascrell: “Just today in the papers in New Jersey, and that is in 1990, if one was making in the area of $44,000 to $45,000 a year…”
On the recordOctober 9, 1997
Source
govinfo.govEditor's note · Context
Discussing wage stagnation and its impact on workers and businesses in New Jersey.
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