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Thread: Study: The 2007 minimum wage hike cost more than 1 million jobs during the recession

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    Re: Study: The 2007 minimum wage hike cost more than 1 million jobs during the recess

    Quote Originally Posted by Deuce View Post
    They'd be better off at $15/hour than at $7.50/hour. Period.
    According to this study, one million of them are better off at $7.50/hour that at $0 per hour. Period.

    Plus, this relieves some of the taxpayer burden that goes to helping support minimum wage workers. America spends billions of dollars subsidizing Walmart and McDonald's employees.
    Another 1 million added to those welfare rolls.

    "They should just get better jobs" is something only a child would suggest.
    We should just give them more so they can raise families while flipping burgers, is something only a child would suggest.. You know, when they still believe money grows on trees.
    Last edited by buck; 12-13-14 at 04:40 PM.

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    Re: Study: The 2007 minimum wage hike cost more than 1 million jobs during the recess

    Quote Originally Posted by danarhea View Post
    Um, that increase in the minimum wage came during the Bush administration. So you think Bush is a progressive?
    I guess y'all are going to have to wuit crying about him all the time.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Study: The 2007 minimum wage hike cost more than 1 million jobs during the recess

    Quote Originally Posted by buck View Post
    Good thing we have studies to determine what really occurred rather than just taking what Kevin thought occurred as gospel.

    This study, whether you choose to believe it or not, determined that about 15% of the lost jobs were due to the minimum wage hikes.

    So while that decline may look like it was all recession, in reality it was around 15 percent due to the minimum wage, according to this paper.
    So I actually combed through the entire report (being the meticulous guy that I am), and all I saw was one GIANT correlation equals causation fallacy.

    At no point did I find a SINGLE employer explain how an increase in the minimum wage meant they decreased their work force.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

  4. #34
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    Re: Study: The 2007 minimum wage hike cost more than 1 million jobs during the recess

    Quote Originally Posted by twixie1 View Post
    Our national minimum wage is 6.50 an hour..$10.22..Then tax and national insurance are taken out..(without your permission, before you receive your wages!)which gives you 940 a month after tax..
    That's a much better deal than the American min wage worker gets.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: Study: The 2007 minimum wage hike cost more than 1 million jobs during the recess

    Quote Originally Posted by buck View Post
    I'm sure it's just a coincidence that the states that raised their minimum wage the highest just happened to be the states that saw the worse employment opportunity for those of lower skill. I'm sure those two situations really have nothing to do with each other and employers don't find other ways to handle an effective wage increase of 30%.
    Correlation =/= causation.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Study: The 2007 minimum wage hike cost more than 1 million jobs during the recess

    Quote Originally Posted by Fletch View Post
    If you think about it, it would actually create jobs. There is really no question about that.
    No it wouldn't. How would it create jobs? Do employers hire employees because it's cheap, or cheaper, to do so, or do they hire employees because they have **** for those employees to do? Think this through.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Study: The 2007 minimum wage hike cost more than 1 million jobs during the recess

    Quote Originally Posted by whysoserious View Post
    If you cared about the working poor, you would want less of those jobs. Working those jobs is an accurate description of what Hell must be like.
    Yeah, under educated, unskilled people should just be allowed to walk right into higher skill level jobs with no prior experience.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Study: The 2007 minimum wage hike cost more than 1 million jobs during the recess

    Quote Originally Posted by buck View Post
    Much better to be unemployed I'm sure.
    In our current environment, in some states....sadly, yes.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Study: The 2007 minimum wage hike cost more than 1 million jobs during the recess

    Quote Originally Posted by Fletch View Post
    If you think about it, it would actually create jobs. There is really no question about that.

    Why would less money in the hands of those who are most likely to spend every penny that they get create more jobs?
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: Study: The 2007 minimum wage hike cost more than 1 million jobs during the recess

    Quote Originally Posted by whysoserious View Post
    Is it? There is no shortage of these jobs. Has anyone, ever in the history, not been able to find a minimum wage job for an extended period of time? I don't think it's a big concern. No one is out there going, "God dammit, I can't get a job paying minimum wage at McDonalds or Walmart anymore!".

    But hey, it's their bed so they should lay in it right? If they just worked harder they could have a better job anyway.
    McDonalds hasn't paid minimum wage in years.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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