Minimum Wage Raise Increases Kidnapping?

OSAC - Honduras Kidnappings on the Increase

In a report by the OSAC (a part of the State Department) a massive raise in the minimum wage in Honduras, has caused a massive increase in unemployment and a corresponding increase in kidnapping.

While I would have never made that connection with kidnapping, I am surprised that the State Department put together the minimum wage increases with unemployment. Someone in the Federal Government actually gets it. Too bad they're not in the Congress or FTC. Perhaps the OSAC needs to do business and economic seminars for Congress, The White House and other portions of the Government whose main responsibility is Economic policy.

Artificial manipulation of the fundamentals of the economy almost always backfire because of the automatic leveling that occurs with people and money. Read the report in the link above, it's the best I've read from the Government in a long time.