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The Center for American Progress reports:
Think a higher minimum wage is a job killer? Think again: The states that raised their minimum wages on January 1 have seen higher employment growth since then than the states that kept theirs at the same rate.
The minimum wage went up in 13 states Arizona, Connecticut, Colorado, Florida, Missouri, Montana, New Jersey, New York, Ohio, Oregon, Rhode Island, Vermont, and Washington either thanks to automatic increases in line with inflation or new legislation, as Ben Wolcott reports in his analysis at the Center for Economic and Policy Research. The average change in employment for those states over the first five months of the year as compared with the last five of 2013 is 0.99 percent, while the average for all remaining states is 0.68 percent.
Digging deeper, all but one of those states are experiencing increases in employment, and nine of them have seen growth above the median rate.
(Score: 0) by Anonymous Coward on Friday July 04 2014, @07:04PM
> reductio ad absurdum is a far more valid argument than a very narrow study done with no understanding of economics
Two stupids don't make a smart.
(Score: 2) by frojack on Friday July 04 2014, @08:39PM
You've definitely proven your point with that devastating riposte.
No, you are mistaken. I've always had this sig.
(Score: 0) by Anonymous Coward on Friday July 04 2014, @09:16PM
> You've definitely proven your point with that devastating riposte.
That's right, you go ahead and make yourself feel better by flaming an AC.
Seems like whenever you see a stupid, your solution is to just keep adding more stupid.