Unintended consequences
Cry Wolf Quotes
Maryland legislators’ good intentions do not change the fact that living wages result in job loss, particularly among the less skilled and less educated.
By forcing employers to pay higher wages for entry-level jobs, Boston's City Council is also encouraging them to only hire applicants with the skill levels needed to match those wages. No amount of political grandstanding is going to repeal that economic law.
So when businesses are already looking for opportunities over the rivers and past the bay, what does our Senate do? It decides to insist that business provide paid time off for family leave...There is a reason that only two states have enacted this legislation. It is because states do not want to lose the businesses that make up the backbone of their budgets. New Jersey senators don't care because this is other people's money anyway. They can stand and pontificate over how they are helping people while those same citizens' employers say ... goodbye.
Unfortunately, living wage laws may have an unintended consequence of causing low-wage workers to be replaced by higher skilled, more educated workers. Living wage ordinances hit hardest at new entrants to the labor force.
