Costs will rise

Costs will rise

Cry Wolf Quotes

…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

'San Franciscans have a history of voting their social conscience as long as someone else writes the check.’… He said consumers would be hurt, predicting that restaurants would raise prices… The higher prices, he said, might cause some restaurants to lose business — and perhaps close. ‘There’s no such thing as a free lunch on something like this.’

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Kevin Westlye, executive director of the Golden Gate Restaurant Association. The New York Times.

Medicare would be strictly a tax program, forcing wage earners to pay a substantial in their payroll taxes to finance hospitalization for everyone over 65, including those who are wealthy and millions of others who are already protected with hospital insurance.

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AMA President Dr. Edward R. Annis.
01/08/1964 | Full Details | Law(s): Medicare

The proposed limit of two fibers...is impossible to meet....The cost of attempting to reach such a low limit would be astronomical and entirely unrealistic....The added expense would definitely force us out of business and would entail the loss of hundreds of jobs.

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John L. Rainey, President of the American Asbestos Textile Corporation.
03/15/1972 | Full Details | Law(s): OSHA's Asbestos Standard

Evidence