.
"The last time people tried to set rates basically was in the Soviet Union and that didn't work out very well," Bloomberg said. "I don't think we want to go in that direction."

Bloomberg bashes wage bill, says proposed pay hike would hurt small businesses, cut jobs

Read more: http://www.nydailynews.com/news/politics/2011/10/06/2011-10-06_mike_wage_bill_terrible_for_small_biz.html#ixzz 1aLXY0IB5