"It profits me but little that a vigilant authority always protects the tranquillity of my pleasures and constantly averts all dangers from my path, without my care or concern, if this same authority is the absolute master of my liberty and my life."

--Alexis de Tocqueville, Democracy in America

Thursday, March 20, 2014

File This Under: Reality Bites Back

I don't want to say I told you so, but I told you so.   And everyone else did:

Study: 38 percent of private employers will cut workers if minimum wage is raised
Fifty-four percent of employers who are paying their workers the current minimum wage of $7.25 per hour say they would reduce hiring, while 65 percent say they would raise prices on their goods and services to offset the bumps in pay.

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