Unintended consequences
Cry Wolf Quotes
As if New York's economy wasn't already stressed enough, there's a renewed push in the City Council for a local ‘living wage’ law that could hinder the city's economic renewal while reducing job opportunities for the very people it is supposed to help.
If our manufacturers leave, whether for North Carolina or China, and they take their greenhouse gases with them, we might not have solved the problem but exacerbated it instead.
We believe the way in which the law is currently administered conflicts with other important national goals -- the need to increase productivity levels, to create new jobs and to spur development of domestic energy sources.
The problem is raising the minimum wage actually hurts, not helps, low-income workers. Minimum wage laws make it illegal to have a job that pays below the government mandated limit. If that wage is more than a job provider will pay for a certain job, then no worker can get—or keep—that job.
