Monday, January 15, 2007

Unintended Consequences--Part Deux

In yet another example of the Law of Unintended Consequences, we find this story out of the Northern Mariana Islands and Guam protesting the recent Democrat-controlled House-passed minimum wage hike.

In addition to a hike in the minimum wage causing thousands of disabled Arizonans to lose their jobs, it seems the Guam Chamber of Commerce, as well as Northern Mariana Island officials, are objecting to the minimum wage increase due to the economic problems it will cause for those U.S. territories' "fragile" economies.

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