But common sense already told you that one, right?
“Decades of economic research by leading economists at major universities is consistent with what we’re seeing in Missouri: increased job loss follows mandated wage hikes, particularly among the least skilled and least educated workers,” said Kristen Lopez Eastlick, senior economic analyst for the Employment Policies Institute. “It doesn’t take an economic expert to see the pitfalls with automatic wage hikes. If government is mandating businesses increase their labor costs regardless of skill levels or productivity, the result is going to be lost jobs - especially at a time when small businesses are struggling in a weak economy.”
It's the same common sense that eludes the clueless congress critters & slavish state legislators.
