Cry Wolf Quotes
Most troubling, though, is the fact that the least skilled employees are those who are being most hurt by this ordinance. Voters in other areas considering an increase in the minimum wage must consider these unintended consequences that end up hurting those who the law is supposed to help.
Any way you slice it, increasing the minimum wage in Michigan… is likely to make it more difficult for the working poor to find jobs. …those who most need the work will have a harder time finding it.
Nonetheless, if the goal of the Coastal Zone Minimum Wage is to help low-income workers in Santa Monica, the Ordinance is worse than useless. The direct benefits of the Ordinance are more poorly targeted than in any social welfare legislation we have ever studied.
As a result, even though the Clinton proposal contains a very steep increase in the nation's tax burden, the actual amount of money the government collects may fall if enough workers lose their jobs and the taxable incomes of individuals and businesses decline.