Unintended consequences
Cry Wolf Quotes
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.
Clearly, this is a job-killer in the short-run. The revenues forecast for this budget will not materialize; the costs of this budget will be greater than what is forecast. The deficit will be worse, and it is not a good omen for the American economy. The impact on job creation is going to be devastating, and the American young people in particular will suffer a fairly substantial deferment of their lives because there simply won't be jobs for the next two to three years to go around to our young graduates across the country.
Youth unemployment is three times the overall unemployment rate, and for minority youth it is much, much higher. Let us not make the problem worse by enacting a minimum wage which denies young people jobs.
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.
