Costs will rise
Cry Wolf Quotes
The loony-tuners are at it again. The cost of doing business in Oakland is already about the highest in the state. Compared with other cities, adoption of the proposed [living wage] ordinance will drive the cost off the charts.
The simple fact is the Clinton plan will not lower interest rates. It will not lower inflation. It will not create jobs. And it will not lower the deficit. The Clinton tax plan will spur inflation, lose jobs, increase the deficit, and hurt our economic growth. As most economists now agree, the Clinton plan must go.
Proposition F is another job-killing attack on San Francisco's economic engine that will raise prices for all who shop in the City.
But, I will tell you, this program will not give you deficit reduction. It will be a disaster for the performance of the economy because of the repressive impact of these taxes and, of course, the possible inflationary impact of the taxes, along with the labor-cost-increasing mandates that are already a part of the president's agenda.
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.