Opinion Editorial 1/7/08
Cap on payday loans would hurt those most in need
Published In: Daily Press
By: David Kreutzer
Though well-intentioned, proposed legislation capping interest rates at 36 percent per year would kill the payday lending industry in Virginia. Ironically, this removes the best option above but leaves the others.
Opinion Editorial 1/4/08
Minimum wage is the wrong tool for social engineering
Published In: Cleveland Plain Dealer
By: David Kreutzer
Misguided politicians and citizens in Ohio and elsewhere mandated wage increases because they mistake wages as a cause rather than the effect of the factors that lead to greater income. It is as though we could force winter to begin by defoliating trees. The connection is backward.
Press Release 12/7/07
New Unemployment Numbers Show Increase Among Teens
This bleak employment outlook for vulnerable members of the workforce comes on the heels of a federal minimum wage hike. Decades of economic research show that mandated wage hikes eliminate entry-level jobs, putting particular pressure on young minorities and the least educated.
Opinion Editorial 11/9/07
Fantasy Economics
Published In: WorldNetDaily
By: David Kreutzer
In a fantasy-football world, everyone is a billionaire and your team never needs to practice. In a fantasy-economics world, the disadvantaged and the poorly skilled can be made richer and happier with wage floors and employer mandates. Although fantasy football has no impact on real football, fantasy economics is often turned into legislation.
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