Economics, Like Gravity

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Posted on : 3/02/2013 01:19:00 PM | By : Dann | In : , , , ,

What do you do when the price of gasoline rises?  Do you adjust your driving habits?  Do you consider purchasing a more fuel efficient vehicle?

If you are a normal person with a normal budget, then you do some combination of the above.

Why should we expect normal people running normal businesses to behave any differently?

If government regulations impose additional costs for people that work more than twenty nine hours a week, then normal people will limit employees to twenty nine hours.  If government regulations impose additional costs if you have fifty employees or more, then normal people will limit their number of employees to forty nine.

These are the normal, predictable consequences of poorly developed government policies.  Courtesy of Mr. Obama and the Democrats, a whole lot of people who are already struggling to survive will find themselves less able to find full time employment at wages that will allow them to live something close to a normal life.

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