Stories
Slash Boxes
Comments

SoylentNews is people

posted by martyb on Sunday July 30 2017, @06:41AM   Printer-friendly
from the Lies,-Damned-Lies,-and-Statistics dept.

"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


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 0) by Anonymous Coward on Sunday July 30 2017, @02:30PM (3 children)

    by Anonymous Coward on Sunday July 30 2017, @02:30PM (#546682)

    Thanks for angrily making the same point with more words.

  • (Score: 2) by Runaway1956 on Sunday July 30 2017, @04:08PM (2 children)

    by Runaway1956 (2926) Subscriber Badge on Sunday July 30 2017, @04:08PM (#546714) Journal

    You're quite welcome. More words, for the price of fewer. Satisfaction guaranteed, or double your money back. And, the educational effect is gratis. So, which new words did you learn today?

    • (Score: 0) by Anonymous Coward on Sunday July 30 2017, @10:44PM (1 child)

      by Anonymous Coward on Sunday July 30 2017, @10:44PM (#546867)

      Seriously, did you, not pass basic 5th grade grammer or are you just, a redneck? And, that educational system we have here is, gratis. And, you should have made use of it. And, please go back, to reddit or the new slashdot everyone here has, left.

      • (Score: 0) by Anonymous Coward on Monday July 31 2017, @04:55AM

        by Anonymous Coward on Monday July 31 2017, @04:55AM (#546984)

        did you, not pass basic 5th grade grammer?

        s/grammer/grammar
        That comma is also unneeded.

        Did you skip out on spelling class a whole lot?
        Did you miss the how-to-install-a-spellchecker class?
        http://www.google.com/search?q=Muphry's.law [google.com]

        -- OriginalOwner_ [soylentnews.org]