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#3052 Jun 02 2017 at 6:06 PM Rating: Good
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Not sure if this is the best place to put this, but it is a study of the effects of raising minimum wage on employment / unemployment since the first one in 1938. Over at Business Insider.
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#3053 Jun 02 2017 at 7:53 PM Rating: Good
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Professor stupidmonkey wrote:
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Not sure if this is the best place to put this, but it is a study of the effects of raising minimum wage on employment / unemployment since the first one in 1938. Over at Business Insider.


Fake news.
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#3054 Jun 05 2017 at 9:24 AM Rating: Excellent
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Professor stupidmonkey wrote:
Link

Not sure if this is the best place to put this, but it is a study of the effects of raising minimum wage on employment / unemployment since the first one in 1938. Over at Business Insider.
I like how it starts off talking about how there's no correlation, and then determines we should do something because of that. Smiley: rolleyes

Would have been nice if they just ended it after the first paragraph and said "look this whole thing doesn't really matter much either way, so why we find something else to bicker over?" Probably would come off as a bit of a downer though.
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#3055 Jun 05 2017 at 1:57 PM Rating: Good
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someproteinguy wrote:
Professor stupidmonkey wrote:
Link

Not sure if this is the best place to put this, but it is a study of the effects of raising minimum wage on employment / unemployment since the first one in 1938. Over at Business Insider.
I like how it starts off talking about how there's no correlation...


No correlation to job cuts.

the article ACTUALLY wrote:
78 years of minimum-wage hikes have produced zero evidence of the "job-killing" consequences these headline writers want us to fear


Edited, Jun 5th 2017 12:58pm by stupidmonkey
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#3056 Jun 05 2017 at 2:05 PM Rating: Good
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Professor stupidmonkey wrote:
someproteinguy wrote:
Professor stupidmonkey wrote:
Link

Not sure if this is the best place to put this, but it is a study of the effects of raising minimum wage on employment / unemployment since the first one in 1938. Over at Business Insider.
I like how it starts off talking about how there's no correlation...


No correlation to job cuts.

the article ACTUALLY wrote:
78 years of minimum-wage hikes have produced zero evidence of the "job-killing" consequences these headline writers want us to fear


Edited, Jun 5th 2017 12:58pm by stupidmonkey


Na, that's the line he has issue with, cause it goes on to explain that 8 of the 24 raises hurt the economy, but those don't really count for various reasons. And 16 of the 24 had higher employment after 12 months or something like that (paraphrasing from my phone).

So, you can see how he felt that the headlined conclusion of the article was a bit much, given the data they later explain?

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#3057 Jun 05 2017 at 2:11 PM Rating: Excellent
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Professor stupidmonkey wrote:
someproteinguy wrote:
Professor stupidmonkey wrote:
Link

Not sure if this is the best place to put this, but it is a study of the effects of raising minimum wage on employment / unemployment since the first one in 1938. Over at Business Insider.
I like how it starts off talking about how there's no correlation...


No correlation to job cuts.

the article ACTUALLY wrote:
78 years of minimum-wage hikes have produced zero evidence of the "job-killing" consequences these headline writers want us to fear


Edited, Jun 5th 2017 12:58pm by stupidmonkey
Right, but they didn't really do a good job of supporting the arguments they were using for upping the minimum wage either, which is where the Smiley: rolleyes comes in. It's a false dichotomy. Basically evidence (and decent evidence, don't mean to discount it) that the opposing side's argument is wrong, followed by poorly supported arguments about why their side is right.

Just a couple examples of poor arguments:

Quote:
Wow. If the US economy were 9% bigger than it is today, it would have created about 11 million additional jobs. Imagine how great that would be for both American workers and businesses.
That argument is not supported in the article.

Quote:
No, their core claim is that the minimum wage always hurts the whole economy — that it will always reduce growth— that it is always a sure-fire "job-killer."
Obvious strawman.

Not to say those are necessarily wrong, just that when they transition from addressing 'no correlation to job-killing' to 'let's raise the minimum wage' the evidence grows sparse.

Edited, Jun 5th 2017 1:18pm by someproteinguy
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#3058 Jun 05 2017 at 3:55 PM Rating: Good
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I hate people that make reasonable, well-thought out and researched opinions that make me look uninformed! Smiley: lol


Is this what Gbaji feels like all the time?
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#3059 Jun 05 2017 at 4:24 PM Rating: Excellent
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Professor stupidmonkey wrote:
Is this what Gbaji feels like all the time?

I think you have him beat in self-awareness.
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#3060 Jun 05 2017 at 6:35 PM Rating: Good
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Jophiel wrote:
Professor stupidmonkey wrote:
Is this what Gbaji feels like all the time?

I think you have him beat in self-awareness.

Have we done this before? This feels familiar.
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#3061 Jun 06 2017 at 7:46 AM Rating: Good
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Depends whether or not you plan on remembering this talking point but forgetting everything else.
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#3062 Jun 06 2017 at 10:26 AM Rating: Excellent
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Professor stupidmonkey wrote:
I hate people that make reasonable, well-thought out and researched opinions that make me look uninformed! Smiley: lol
Me too. Which is why I'm assuming we don't see more well thought out articles in press. No one likes preachy academics, and everyone loves a good witch hunt. In fact, I've already sharpened my pitchfork. Smiley: wink
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#3063 Jun 06 2017 at 11:43 AM Rating: Excellent
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lolgaxe wrote:
Depends whether or not you plan on remembering this talking point but forgetting everything else.


Look, I will remember this, like I remember everything else.

I went to the zoo once, and saw the elephants, so I literally remember everything.
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#3064 Jun 07 2017 at 11:21 AM Rating: Excellent
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She doesn't support a livable wage, she supports job creation.

So, if I understand correctly, lot's of ****** paying jobs you can work while you starve to death.
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#3065 Jun 07 2017 at 12:05 PM Rating: Good
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To be fair, she's still pretending to care about small business, wherever that's even still a thing-- because god forbid Mom & Pop have to pay their own grand kids enough to move out of the basement.
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#3066 Jun 08 2017 at 7:11 AM Rating: Excellent
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The Republican dominated Kansas state legislature has voted to overturn Governor Brownback's tax cuts, citing large shortfalls in the state budget, damage to state services like education, road repairs & pension payments, and a failure to stimulate the economy or create jobs.
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#3067 Jun 08 2017 at 7:38 AM Rating: Good
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In Brownback's defense, who could have possibly seen that you'd need money to pay for things?
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#3068 Jun 13 2017 at 12:47 PM Rating: Excellent
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Slave labor is making a strong comeback. Probably worth looking into if you're building a wall anyway.
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#3069 Jun 13 2017 at 8:17 PM Rating: Decent
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Jophiel wrote:
The Republican dominated Kansas state legislature has voted to overturn Governor Brownback's tax cuts, citing large shortfalls in the state budget, damage to state services like education, road repairs & pension payments, and a failure to stimulate the economy or create jobs.


To be fair, this is Kansas we're talking about.
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#3070 Jun 13 2017 at 8:33 PM Rating: Excellent
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One of the more conservative states in the nation? Yeah, that's true.
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#3071 Jun 14 2017 at 8:35 AM Rating: Excellent
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Well someone has to reign in those Libertarian-leaning types. Going on about their utopias and tax-free prosperity all the time.
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#3072 Jun 15 2017 at 8:18 PM Rating: Decent
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someproteinguy wrote:
Well someone has to reign in those Libertarian-leaning types. Going on about their utopias and tax-free prosperity all the time.


Well. More or less. Just watch Ron Paul talk about taxes and public funding sometime and then contrast it to what most Republicans say. It's not surprising at all to have disagreements over where to draw the line on taxes and funding in a heavily conservative state. Just as there are presumably lots of Democrats who disagree on where to draw the line on such things as well.
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#3074 Jun 16 2017 at 2:06 AM Rating: Good
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Whoa! Hold on one second here! Are you saying not all Democrats are the same?
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#3075 Jun 16 2017 at 8:36 AM Rating: Good
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Sure, in theory. But we all know in reality that liberal liberal liberal.
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#3076 Jun 16 2017 at 8:42 AM Rating: Excellent
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Democrats are a monolithic block of liberal communism but Republicans are replete with shades and swirls and untold depth.
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Wow. Regular ol' Joph fan club in here.
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