Hiking Minimum Wage an Inefficient Tool to Fight Poverty...Well known to thinking people.

2seaoat wrote:Too funny, the research takes but one slice of the demographics and declares it does not help that slice.  Stupid is what stupid does..........the minimum wage can and does help working families and the overall GDP which thrives from the new demand for consumer products as working families have more disposable income.

Markle wrote:The Federal Government even knows it but certainly Progressives live in their own world of denial.

Hiking Minimum Wage an Inefficient Tool to Fight Poverty: Fed Research
by JEFF COX, CNBC
DEC 30 2015, 3:33 PM ET

Increasing the minimum wage is an inefficient way to reduce poverty, according to a Fed research paper that comes amid a national clamor to hike pay for workers at the low end of the salary scale.

David Neumark, visiting scholar at the San Francisco Fed, contends in the paper that raising the minimum wage has only limited benefits in the war against poverty, due in part because relatively few of those falling below the poverty line actually receive the wage.

http://www.nbcnews.com/business/economy/hiking-minimum-wage-inefficient-tool-fight-poverty-fed-research-n488111?cid=sm_tw&hootPostID=d54005cf9aa5678fcc7e97e310e5f2b4

Wordslinger wrote:Flash:  Raise in minimum wage to restaurant workers in California has not resulted in any layoffs.  And the workers have more money to spend.

Those are the kind of facts that really count!

Markle wrote:

Wordslinger wrote:Flash:  Raise in minimum wage to restaurant workers in California has not resulted in any layoffs.  And the workers have more money to spend.

Those are the kind of facts that really count!

Yes they are and I'm glad you brought that up.  Like I said, you are becoming a better and better foil!

November National Unemployment Rate 5%

November California Unemployment Rate 5.7%

http://www.deptofnumbers.com/unemployment/california/

And...of course...you are afraid to cite your source.

Wordslinger wrote:

Markle wrote:The Federal Government even knows it but certainly Progressives live in their own world of denial.

Hiking Minimum Wage an Inefficient Tool to Fight Poverty: Fed Research
by JEFF COX, CNBC
DEC 30 2015, 3:33 PM ET

Increasing the minimum wage is an inefficient way to reduce poverty, according to a Fed research paper that comes amid a national clamor to hike pay for workers at the low end of the salary scale.

David Neumark, visiting scholar at the San Francisco Fed, contends in the paper that raising the minimum wage has only limited benefits in the war against poverty, due in part because relatively few of those falling below the poverty line actually receive the wage.

http://www.nbcnews.com/business/economy/hiking-minimum-wage-inefficient-tool-fight-poverty-fed-research-n488111?cid=sm_tw&hootPostID=d54005cf9aa5678fcc7e97e310e5f2b4

The height of idiocy, is when Markle considers himself among "thinking people."  LOL

Markle wrote:

Wordslinger wrote:

Markle wrote:The Federal Government even knows it but certainly Progressives live in their own world of denial.

Hiking Minimum Wage an Inefficient Tool to Fight Poverty: Fed Research
by JEFF COX, CNBC
DEC 30 2015, 3:33 PM ET

Increasing the minimum wage is an inefficient way to reduce poverty, according to a Fed research paper that comes amid a national clamor to hike pay for workers at the low end of the salary scale.

David Neumark, visiting scholar at the San Francisco Fed, contends in the paper that raising the minimum wage has only limited benefits in the war against poverty, due in part because relatively few of those falling below the poverty line actually receive the wage.

http://www.nbcnews.com/business/economy/hiking-minimum-wage-inefficient-tool-fight-poverty-fed-research-n488111?cid=sm_tw&hootPostID=d54005cf9aa5678fcc7e97e310e5f2b4

The height of idiocy, is when Markle considers himself among "thinking people."  LOL

Wordslinger wrote:

Markle wrote:

Wordslinger wrote:Flash:  Raise in minimum wage to restaurant workers in California has not resulted in any layoffs.  And the workers have more money to spend.

Those are the kind of facts that really count!

Yes they are and I'm glad you brought that up.  Like I said, you are becoming a better and better foil!

November National Unemployment Rate 5%

November California Unemployment Rate 5.7%

http://www.deptofnumbers.com/unemployment/california/

And...of course...you are afraid to cite your source.

The unemployment rate of California has nothing -- nada -- zip to do with the subject, which is what happens when the minimum wage is raised for workers.  Once again, no restaurants were closed as a result of the raise, nor were any employees let go.  Too bad your kind of thoughtless argument can't stick to the subject .... LOL

Markle wrote:

Wordslinger wrote:

Markle wrote:

Wordslinger wrote:Flash:  Raise in minimum wage to restaurant workers in California has not resulted in any layoffs.  And the workers have more money to spend.

Those are the kind of facts that really count!

Yes they are and I'm glad you brought that up.  Like I said, you are becoming a better and better foil!

November National Unemployment Rate 5%

November California Unemployment Rate 5.7%

http://www.deptofnumbers.com/unemployment/california/

And...of course...you are afraid to cite your source.

The unemployment rate of California has nothing -- nada -- zip to do with the subject, which is what happens when the minimum wage is raised for workers.  Once again, no restaurants were closed as a result of the raise, nor were any employees let go.  Too bad your kind of thoughtless argument can't stick to the subject .... LOL

Amusing as always.

You state that the minimum wage has no effect on jobs.  Then, when shown that the unemployment rate is far higher in California than the rest of the nation, you say it has nothing to do with the topic.

You are most certainly amusing and becoming an even better foil than ever!

Wordslinger wrote:

Markle wrote:

Wordslinger wrote:

Markle wrote:

Wordslinger wrote:Flash:  Raise in minimum wage to restaurant workers in California has not resulted in any layoffs.  And the workers have more money to spend.

Those are the kind of facts that really count!

Yes they are and I'm glad you brought that up.  Like I said, you are becoming a better and better foil!

November National Unemployment Rate 5%

November California Unemployment Rate 5.7%

http://www.deptofnumbers.com/unemployment/california/

And...of course...you are afraid to cite your source.

The unemployment rate of California has nothing -- nada -- zip to do with the subject, which is what happens when the minimum wage is raised for workers.  Once again, no restaurants were closed as a result of the raise, nor were any employees let go.  Too bad your kind of thoughtless argument can't stick to the subject .... LOL

Amusing as always.

You state that the minimum wage has no effect on jobs.  Then, when shown that the unemployment rate is far higher in California than the rest of the nation, you say it has nothing to do with the topic.

You are most certainly amusing and becoming an even better foil than ever!

Sorry dimwit.  Your bullshit doesn't fly.  The subject is the restaurant workers whose pay was raised.  In their bracket, so far no jobs have been lost.  And the wage change was so recent it wouldn't be reflected in the stats you sloppily quote.  

Markle wrote:

Wordslinger wrote:

Markle wrote:

Wordslinger wrote:

Markle wrote:

Wordslinger wrote:Flash:  Raise in minimum wage to restaurant workers in California has not resulted in any layoffs.  And the workers have more money to spend.

Those are the kind of facts that really count!

Yes they are and I'm glad you brought that up.  Like I said, you are becoming a better and better foil!

November National Unemployment Rate 5%

November California Unemployment Rate 5.7%

http://www.deptofnumbers.com/unemployment/california/

And...of course...you are afraid to cite your source.

The unemployment rate of California has nothing -- nada -- zip to do with the subject, which is what happens when the minimum wage is raised for workers.  Once again, no restaurants were closed as a result of the raise, nor were any employees let go.  Too bad your kind of thoughtless argument can't stick to the subject .... LOL

Amusing as always.

You state that the minimum wage has no effect on jobs.  Then, when shown that the unemployment rate is far higher in California than the rest of the nation, you say it has nothing to do with the topic.

You are most certainly amusing and becoming an even better foil than ever!

Sorry dimwit.  Your bullshit doesn't fly.  The subject is the restaurant workers whose pay was raised.  In their bracket, so far no jobs have been lost.  And the wage change was so recent it wouldn't be reflected in the stats you sloppily quote.  

You do relish in being wrong.  THIS is the subject.  "Hiking Minimum Wage an Inefficient Tool to Fight Poverty...Well known to thinking people."



Once again, since you again have nothing, you get the last word.  GO FOR IT!

Markle wrote:

Wordslinger wrote:

Markle wrote:

Wordslinger wrote:

Markle wrote:

Wordslinger wrote:Flash:  Raise in minimum wage to restaurant workers in California has not resulted in any layoffs.  And the workers have more money to spend.

Those are the kind of facts that really count!

Yes they are and I'm glad you brought that up.  Like I said, you are becoming a better and better foil!

November National Unemployment Rate 5%

November California Unemployment Rate 5.7%

http://www.deptofnumbers.com/unemployment/california/

My point, that California restaurant workers minimum wage raise did not result in restaurants closing or people losing their jobs, yet did result in them having better incomes and more money to spend, counters your bullshit and that of your fellow "thinking people." Wow, you are such a desperate loser!!! LOL

And...of course...you are afraid to cite your source.

The unemployment rate of California has nothing -- nada -- zip to do with the subject, which is what happens when the minimum wage is raised for workers.  Once again, no restaurants were closed as a result of the raise, nor were any employees let go.  Too bad your kind of thoughtless argument can't stick to the subject .... LOL

Amusing as always.

You state that the minimum wage has no effect on jobs.  Then, when shown that the unemployment rate is far higher in California than the rest of the nation, you say it has nothing to do with the topic.

You are most certainly amusing and becoming an even better foil than ever!

Sorry dimwit.  Your bullshit doesn't fly.  The subject is the restaurant workers whose pay was raised.  In their bracket, so far no jobs have been lost.  And the wage change was so recent it wouldn't be reflected in the stats you sloppily quote.  

You do relish in being wrong.  THIS is the subject.  "Hiking Minimum Wage an Inefficient Tool to Fight Poverty...Well known to thinking people."



Once again, since you again have nothing, you get the last word.  GO FOR IT!