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"In what has become a running joke amongst those skeptical of the claim that minimum wage increases have no effect on unemployment, a recent report by the Employment Policies Institute showed that 174 of the 184 co-sponsors of a bill to raise the federal minimum wage to $15 an hour hired unpaid interns."
"In a review of over 100 studies, economists David Neumark and William Wascher found that,A sizable majority of the studies surveyed ... give a relatively consistent (although not always statistically significant) indication of negative employment effects of minimum wages. In addition, among the papers we view as providing the most credible evidence, almost all point to negative employment effects, both for the United States as well as for many other countries." http://www.nber.org/papers/w12663.pdf
"Yes, minimum wages still do increase unemployment."
https://mises.org/blog/seattles-minimum-wage-supporters-ignore-facts
(Score: 0, Troll) by The Mighty Buzzard on Sunday July 30 2017, @09:22AM (1 child)
You want a guaranteed lack of poverty? Sorry, not happening. It doesn't exist under any system involving human beings. You can either have the best and brightest able to pull themselves out of it or you can guarantee it to everyone, take your pick.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Sunday July 30 2017, @08:13PM
Heh, yeah I'll opt for guaranteeing that everyone is out of poverty. Do you even cogitate bro?
Yes yes I know you meant guaranteeing poverty for everyone, but that was just too stupid so I pretended like you had a clue.