1 posted on
01/20/2014 9:14:16 AM PST by
jazusamo
To: All
2 posted on
01/20/2014 9:16:18 AM PST by
jazusamo
([Obama] A Truly Great Phony -- Thomas Sowell http://www.freerepublic.com/focus/news/3058949/posts)
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6 posted on
01/20/2014 10:29:18 AM PST by
jazusamo
([Obama] A Truly Great Phony -- Thomas Sowell http://www.freerepublic.com/focus/news/3058949/posts)
To: jazusamo
The problem with polls, in dealing with an empirical question like this, is that you can only poll survivors. Every surviving business in an industry might have as many employees as it had before a minimum wage increase and yet, if the additional labor costs led to fewer businesses surviving, there could still be a reduction in industry employment, despite what the poll results were from survivors.
Someone once said, The devil is in the details."
7 posted on
01/20/2014 11:10:37 AM PST by
conservatism_IS_compassion
("Liberalism” is a conspiracy against the public by wire-service journalism.)
To: jazusamo
The problem with polls, in dealing with an empirical question like this, is that you can only poll survivors. The other problem is that most starter jobs are created by small local businesses and they are the least likely to survive a minimum wage hike.
8 posted on
01/20/2014 5:55:10 PM PST by
Some Fat Guy in L.A.
(Still bitterly clinging to rational thought despite it's unfashionability)
To: jazusamo
A recent survey of employers asked if they would fire workers if the minimum wage were raised. Two-thirds of the employers said that they would not. If this were true it would mean one third would fire workers. If one third of all minimum wage workers lost their job that would be a huge number. Not to mention the other side of the coin, if a business can afford to raise the minimum wage they pay by as much as the libs want, the jobs would attract far more qualified people. Looks to me like all or nearly all the current employees would be out of a job either way.
9 posted on
01/20/2014 6:02:08 PM PST by
Tammy8
To: jazusamo
When you are unemployed, your wages are zero, regardless of what the minimum wage law specifies. That is true, unless there is easy welfare or unemployment benefits of extended duration. Then, the minimum wage has to bid against the government idleness wage.
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