"To try to cure unemployment by inflation rather than by adjustment of specific wage-rates is like trying to adjust the piano to the stool rather than the stool to the piano."

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We're telling small-business owners that not only are we going to raise their costs by a buck and a quarter, but we're also going to raise it with these cost-of-living adjustments. Here's what's going to happen: They're going to have to lay people off.

— Chris Christie