(Liberal) Law of Unintended Consequences
Practically every conservative economist in America predicted that this would happen.
posted by LadybugUSA at 6:25 PM
Sunday, February 11, 2007
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3 Comments:
Three students lost their jobs, says chicken little. Quick move your portfolios to cash.
What the heck's the matter with you, Earth. The article referred to multiple employers across AZ. And even if it's only 3 kids, didn't the chuckleheaded left say it wouldn't happen? Are you now going to say that because they're kids with support from home that they're not entitled to employment? That they have to be poor single parents only? That it doesn't happen more is likely the result of employers who elect to take the hit rather than put employees out of work, or they're passing the costs to the consumer, or they're delaying or cancelling expansion plans.
If certified past results hold true this time, 2 - 3% of the 145,000 AZ workforce that receives a mandated pay hike will lose their jobs. That's 2900 - 4350 workers, not just the 3 cited in the piece who lost their jobs at the pizza shop plus the 2 cited in the last paragraph.
It depends on whether you are one of those 2900 - 4350 workers who gets fired as to how "Chicken Littlish" the matter is.
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