Costs will rise

Costs will rise

Cry Wolf Quotes

I’m scared that this provision will add a pretty significant cost. You’re going to see a lot of small guys just close up shop.

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Bill K. Caylor, president of the Kentucky Coal association. International Herald Tribune.

If you would pass a law which requires unnecessary expense…that expense must to some extent be ultimately borne by the public. Either the consumer or the producer must stand it.

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Judge Samuel H. Cowan, attorney for the Texas Cattle Raisers Association and the American National Live Stock Association. Testimony, House Committee on Agriculture.

[The bill], while well-intentioned, will increase the cost of credit for consumers and small businesses across the country, result in less access to credit for consumers and businesses alike, and may further roil the securities markets -- all at a time when our economy can least afford it.

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Edward Yingling, president and CEO of the American Bankers Association. CreditCards.com.

…this is no time to put additional burdens on employers and employees and State administrations. Recent legislation has created plenty of burdens without adding the one. It is an extremely dangerous time to discuss raising labor costs in the sense of labor costs per unit.

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Prof. R.S. Meriam, Harvard Business School, Testimony, House Committee on Ways and Means.
03/21/1934 | Full Details | Law(s): Unemployment Insurance

Evidence