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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 j-mac View Post
    What's your experience Joe?
    I stated that above j. But remember, I'm not the one making a silly claim.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by ocean515 View Post
    Yes, we've already established your tunnel vision and book learning. Someday, you'll branch out.

    As I have written before, there are those who can do, and then there are those teach. Economists and those who teach it are proof of this.

    By all means, cling to your micro/macro obsession.

    Merry Christmas!

    Being silly won't make you right.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by Boo Radley View Post
    I stated that above j. But remember, I'm not the one making a silly claim.
    You also don't get to judge others experience with the limited experience you yourself have.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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

    Quote Originally Posted by j-mac View Post
    You also don't get to judge others experience with the limited experience you yourself have.

    J, I'm taking his word for it. So, once again you leap someplace I didn't go.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by Boo Radley View Post
    J, I'm taking his word for it. So, once again you leap someplace I didn't go.
    No you are not....If you were actually taking his word for it, as if he has to prove anything to you anyway, but if you were you wouldn't be belaboring the point. simple as that. Nope, as usual, you were being rather abrasive, and arrogant, and when you got called on it, you decided to dodge, and deny as if you have some sort of high ground....
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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

    Quote Originally Posted by Boo Radley View Post
    Being silly won't make you right.
    You should make this your mission statement, and recite it every morning before you do anything else.

    Stop being silly.

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

    Quote Originally Posted by j-mac View Post
    No you are not....If you were actually taking his word for it, as if he has to prove anything to you anyway, but if you were you wouldn't be belaboring the point. simple as that. Nope, as usual, you were being rather abrasive, and arrogant, and when you got called on it, you decided to dodge, and deny as if you have some sort of high ground....
    No J, based on his answer, what he reports, he doesn't run a national economy. He cannot expertly speak as he tries to do. He and you just keep trying to hide his failure to acknowledge the point made by me and others.

    As for abrasive, you're far too sensitive. As for arrogant, between us, that's kind of a pot to kettle comment on your part.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by KevinKohler View Post
    And here I thought a market crash cost all those jobs...
    No one said that this was the only cause of the job losses, just that is one of the causes. Try again, please, and this time could you put a LITTLE effort in??
    Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

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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'd call Pres. Bush right leaning moderate. And this occurred under a DEM. controlled Congress, so they get their fair share of the blame (along with the Oval Office).
    Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

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

    Quote Originally Posted by imagep View Post

    Someone told me that Nixon was the last president who had a degree in economics, but I can't seem to find any verification of that. Best I can tell is he had a generic BA plus a law degree.
    That is because it is not true. George HW Bush had a degree in economics, as did Reagan and Ford. Clinton had studied economics as part of his PPE at Oxford but dropped out of there to go to Yale.

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