>>73191851
Forcing employers to pay more for each worker makes them less likely to hire more workers. If you can't see that you are braindead.
>>73192146
http://www.nelp.org/publication/raise-wages-kill-jobs-no-correlation-minimum-wage-increases-employment-levels/
>>73191851
Pretty sure Dwight would not want to rise the minimun wage, he had his retarded cousin locked and working for free in his farm.
>Rise the minimum wage to 1000 dollars an hour
>Tax it 90% like FDR
>Poverty solved
>>73191851
>the year following
yeah, bullshit. The loss of jobs taes some time to kick in but it definitely does.
>federal minimum wage
Can we literally just murder anyone who supports this shit? Why shouldn't different states decide their own minimum wage? Maybe different minimum wages are better for different local economies. If it really is so great to have a high minimum wage then people from the lower minimum wage states can move, giving more power to the high minimum wage states.
Why are liberals so completely obsessed with the annihilation of local autonomy? Why do they think it's okay for elites in California and New York to make legislation for people in buttfuck Alaska?
>>73192381
>statistics from an organization that pushes an agenda are a credible source
The problem isn't minimum wage. The problem is there is not enough decent jobs for adults, along with a ton of other problems that contribute to the shitty situation.
>>73191851
>sudden wage increase of 50%
>businesses already have to give healthcare to full time workers
>big businesses lay off employees, automate what they can, close some outlets and adapt
>private business can't afford to completely staff store
>can't afford to hire full time employees
>private business collapses
>big business fills niche
>>73192381
>Using time series data for this
Sorry but if you want to find the impact of the minimum wage, you're going to have to use two-stage least squares (as is typical for supply and demand curves), not a time series regression.
>>73192381
>>73195388
http://econweb.tamu.edu/jmeer/Meer_West_MinimumWage_JHR-final.pdf
https://economics.uchicago.edu/workshops/Rubinstein%20Yona%20Using%20Federal%20Minimum%20Wages%20Paper.pdf
