Think tanks

Think tanks

Cry Wolf Quotes

The Dodd bill would push the government into the business of dictating the terms at which consumers and businesses can contract. This has nothing to do with protecting consumers and everything to do with replacing consumer preferences with bureaucrats’ choices.

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“Dodd’s Job-killer”, by Mark A. Calabria

Greens have red underbellies. After the fall of the Berlin Wall, communists needed to find a new vocation, so they embraced environmental issues.

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Lawrence Kogan, director of the Princeton, N.J.-based Institute for Trade, Standards and Sustainable Development (ITSSD)

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.

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Yelowitz, Aaron. Employment Policy Institute.
09/22/2005 | Full Details | Law(s): Living Wage

A closer look at the unemployment [nearly 10 percent unemployment rate] suggests that minimum wage laws also deserve a big share of the blame….businesses are not charities and that they only create jobs when they think a worker will generate net revenue. Higher minimum wages, needless to say, are especially destructive for people with poor work skills and limited work experience.

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Dan Mitchell, senior fellow, Cato Institute.
06/15/2010 | Full Details | Law(s): Minimum Wage