Min. wage increases kills jobs - Nope and more nope

[packman]

". We have been raising the minimum wage for 78 years, and as a new study clearly reveals, 78 years of minimum-wage hikes have produced zero evidence of the "job-killing" consequences these headline writers want us to fear.

In a first-of-its-kind report, researchers at the National Employment Law Project pore over employment data from every federal increase since the minimum wage was first established, making "simple before-and-after comparisons of job-growth trends 12 months after each minimum-wage increase."

What did the researchers find? The paper's title says it all: "Raise Wages, Kill Jobs? Seven Decades of Historical Data Find No Correlation Between Minimum Wage Increases and Employment Levels."

The results were clear. Of the nearly two dozen federal minimum-wage hikes since 1938, total year-over-year employment actually increased 68% of the time.

In those industries most affected by the minimum wage, employment increases were even more common: 73% of the time in the retail sector, 82% in low-wage leisure and hospitality


http://www.businessinsider.com/minimum-wage-effect-on-jobs-2016-5

[PJMcK]

1. Stupid facts

Republicans never learn from facts.

[Buzz cook]

2. The first argument I had on line was over the minimum wage

I learned how to search the web based on that argument and I learned how dishonest conservatives are. It's been twenty years since then and the facts are still the same, an increase in the minimum wage has no adverse affect on the economy.


The idea is simply silly, because the minimum wage is raised (or should be) in reaction to changes in the economy not the opposite.

[99th_Monkey]

3. That "job-killing" canard is the exact opposite of the truth

putting $$ in the hands of people at the lower end of the wage-scale insures that
people will SPEND the fucking money, rather than stash it in the Cayman Islands,
thus stimulating the economy. This is especially true when people actually EARN
their paycheck, rather than going on public assistance.

This stupid GOP lie deserves to die a painful but quick death.