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

  1. #561
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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
    Some have offered some things (not what you're jumping in on however) and it is often countered (that's how this is suppose to work). And no, his experience, like mind, is not enough. Taking his word at face value, which is problematic by itself for any of us, still doesn't show he has the appropriate experience to answer a national economic question. That you don't see that is jaw droppingly ignorant (see I can do that as well).
    Just because you post something you agree with to counter others doesn't mean that what you are using is absolute, or correct does it? Because if you think that, then you are lost.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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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
    ...
    But over state some and reach the wrong conclusions. No matter what government does, no matter how much they deregulate or cut taxes or appease business, business will not take risks where there is no demand. People with money to spend will help more than anything else. As long as we pay low wages, limiting the buying power of working people, business will remain stagnant. And you can't shrink government without both losing jobs and taking money out of the economy. And no, I'm not arguing that we need to grow government. I'm just trying to make the problem clearer. There is no easy answer.
    That part right there, that's the problem, which there is politically viable answer to, particularly with our current level of partisanship and nearly equally divided left vs right rhetoric.

    I suspect that if the rhetoric of either the extreme right or left was actually implemented, it would create an environment that would please no one, not even the extreme that "won". Which may explain why even when one party is in control of both houses of congress and the POTUS, that side never fully gets rid of what they complain about, and never fully implements what they advocate for. I believe that in secrete, the leaders of both extremes realize that if their rhetoric was implemented, it would be a huge failure.
    Last edited by imagep; 12-29-14 at 02:12 PM.
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    ...I'm not interested in debating someone who is trolling for an argument....
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    I see a big problem with the idea that whatever the majority wants is OK.

  3. #563
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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
    Just because you post something you agree with to counter others doesn't mean that what you are using is absolute, or correct does it? Because if you think that, then you are lost.
    Again, never said it did. But it is how this is suppose to work.

    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 imagep View Post
    That part right there, that's the problem, which there is politically viable answer to, particularly with our current level of partisanship and nearly equally divided left vs right rhetoric.

    I suspect that if the rhetoric of either the extreme right or left was actually implemented, it would create an environment that would please no one, not even the extreme that "won". Which may explain why even when one party is in control of both houses of congress and the POTUS, that side never fully gets rid of what they complain about, and never fully implements what they advocate for. I believe that in secrete, the leaders of both extremes realize that if their rhetoric was implemented, it would be a huge failure.
    I quite agree.

    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 faithful_servant View Post
    "Prove" that it was and I'll address your assertions.

    Something as complex as the biggest economy on the planet is a little difficult to narrow down to single causes for ANYTHING.
    Exactly. Which says what about the OP, the thread topic, and the "study" cited by the OP?
    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 KevinKohler View Post
    Exactly. Which says what about the OP, the thread topic, and the "study" cited by the OP?
    The study stated that this was ONE of the causes of the job losses, not THE cause of the losses, which is exactly what I've been saying as well. You're the one trying to make it sound like what's being said is that it was THE cause...
    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 faithful_servant View Post
    The study stated that this was ONE of the causes of the job losses, not THE cause of the losses, which is exactly what I've been saying as well. You're the one trying to make it sound like what's being said is that it was THE cause...
    It is making a claim while providing not a single shred of evidence to back up said claim. I browsed the study, and it was pure bunk science. What you DON'T seem to want to say is that, just as I can't PROVE what I'm saying, neither can you or anyone else PROVE what this study and the OP are saying. And further, neither the study NOR the OP have even given it any effort TO prove it. I, at least, have provided multiple posts backing up the claim that increases to MW don't kill jobs.
    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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