Costs will rise
Cry Wolf Quotes
Welfare money in the pockets of strikers is money out of the hands of the truly needy. But the needy must still be provided for. How? By increasing taxes.
…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.
Legislation likely to result in higher interest rates for consumers is not the answer. [This bill] would broadly constrain the ability of financial institutions to price risk, likely resulting in less access to credit and in higher interest rates for consumers.
The increased cost of labor is folded into a bid for a state contract that is then passed on to the state government (which is funded by taxpayers).
Evidence
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Regulations at Work: Five Rules that Save Workers’ Lives and Protect their Health
This paper looks at five worker-safety regulations that were tremendously successful in reducing employee injuries, illnesses and fatalities.
