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NY Gov’s Proposes Wage-Price Spiral, Destroying All Small Businesses

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Then every time the cost of goods and services rises, so will wages, which will increase costs…

Gov. Kathy Hochul, after crawling to a first formal term, announced a plan so brilliant that it could have only come from Elizabeth Warren or a drunken Marxist. And I don’t mean Groucho.

“Gov. Kathy Hochul on Tuesday used her second State of the State address to unveil a wide-ranging agenda for 2023, vowing to tie New York’s minimum wage to the rate of inflation”

Brilliant plan.

Then every time the cost of goods and services rises, so will wages, which will increase costs and lead to a rise in the cost of goods and services, which will increase wages which will increase inflation.

 

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Caravan To Midnight

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