This is bad news for cities. The living wage poses a big threat to their economic health, because the costs and restrictions it imposes on the private sector will destroy jobs —especially low-wage jobs — and send businesses fleeing to other locales.
Malanga, Steven. 2003. “‘Living Wage’ is Socialism.” New York Sun, Jan 20. (http://daily.nysun.com/Repository/getFiles.asp?Style=OliveXLib:ArticleTo...).
Monday, January 20, 2003
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