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- With government driving up the cost of labor, it's driving down the number of jobs. You're going to see automation not just in airports and grocery stores, but in restaurants. This is the problem with Bernie Sanders, and Hillary Clinton, and progressives who push very hard to raise the minimum wage. Does it really help if Sally makes $3 more an hour if Suzie has no job? If you're making labor more expensive, and automation less expensive — this is not rocket science. They're always polite, they always upsell, they never take a vacation, they never show up late, there's never a slip-and-fall, or an age, sex, or race discrimination case.
- One can only wonder when the advocates of progressive economics will realize that, despite their best efforts, you cannot regulate your way to economic prosperity.
- The Harsh Reality Of Regulating Overtime Pay (May 18, 2016)