Think tanks

Think tanks

Cry Wolf Quotes

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.

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Martin, Catherine, Mackinac Center for Public Policy.
03/01/1999 | Full Details | Law(s): Minimum Wage

The Community Reinvestment Act does not appear to have had any positive effect on lending to residents of LMI neighborhoods. In fact, it appears to have had a negative effect on CRA lenders and LMI residents alike… While both CRA- and non-CRA lenders have increased the number of loans to low-income borrowers, the financial soundness of CRA-covered institutions decreases the better they conform to the CRA.

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Michelle Minton, Competitive Enterprise Institute

Most troubling, though, is the fact that the least skilled employees are those who are being most hurt by this ordinance. Voters in other areas considering an increase in the minimum wage must consider these unintended consequences that end up hurting those who the law is supposed to help.

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Yelowitz, Aaron. Employment Policy Institute.
09/22/2005 | Full Details | Law(s): Living Wage

[Recycling] neither conserve[s] scarce resources nor help[s] to protect the environment.

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Cato Institute