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To: Incorrigible

“CEPR acknowledges this analysis is far from scientific and draws no direct link between raising the minimum wage and payroll gains. Still, “it does provide evidence against theoretical negative employment effects of minimum wage increases,” CEPR researcher Ben Wolcott writes.”

So, the author of the study admits it proves nothing.

Tiny increases in minimum wage have very, little effect, either positive or negative, as very few people are affected.

Massive increases like the $15.00/hr rate coming to Seattle will kill thousands of jobs, and would kill millions if implemented nationally.


4 posted on 07/21/2014 9:33:28 AM PDT by Above My Pay Grade (The people have the right to tell government what guns it may possess, not the other way around.)
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To: Above My Pay Grade

bump


6 posted on 07/21/2014 9:36:13 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: Above My Pay Grade

Good Point- this is a stupid study. Obama plays the same game when he makes statements that increasing the Minimum wage does not have widespread impact on unemployment. This is true, but unfortunately, increasing the minimum wage has the most serve and DIRECT impact on the people increasing the minimum wage is supposed to help.


25 posted on 07/21/2014 10:50:45 AM PDT by 11th Commandment ("THOSE WHO TIRE LOSE")
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