The lie that when wages go up,jobs go down

[deltex1]

How could self-respecting economists suggest that an increase in the minimum wage might encourage job growth and hiring? Well, first of all, there’s what economist Michael Reich calls “income effect”: People on the minimum wage tend to spend everything they earn. Increases in the minimum wage thus flow back into the economy (again, like the tide flowing upstream), generating increased demand, which in turn increases hiring and investment. It is a basic principle of capitalism that when workers have more money, businesses have more customers, and when businesses have more customers, they hire more workers. This income effect may not have left a large mark on the historical data, because historically, most minimum wage increases have been relatively small. But it is real and should be taken into account. And in an era of depressed demand and consumer spending, as we are now, higher wages are exactly what our economy needs.

But I thought Nancy said food stamps were the best way to stimulate the economy...

 

[dblack]

I've come to view minimum wage laws as kind of a litmus test for basic reasoning skills.

 

[Conservative65]

Column: The claim that if wages go up, jobs will go down is not a theory -- it's a scam

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

Simple facts folks....its just MORE scare tactics by the RICH and regurgitated by their simpletons on the right.

Actors’ Pay Dispute Spotlights Small Los Angeles Theaters

Seems two big Liberals opposed raising the minimum wage using the same reasons you call scare tactics.

 

[Preacher]

Column: The claim that if wages go up, jobs will go down is not a theory -- it's a scam

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

Simple facts folks....its just MORE scare tactics by the RICH and regurgitated by their simpletons on the right.

Still working this one, eh?

Facts never rest.

 

[dblack]

Column: The claim that if wages go up, jobs will go down is not a theory -- it's a scam

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

Simple facts folks....its just MORE scare tactics by the RICH and regurgitated by their simpletons on the right.

Still working this one, eh?

Facts never rest.

Neither do deluded morons, unfortunately.

 

[Missouri_Mike]

Typical PBS left wing pablum and we are supposed to buy it.

You are more than welcome to try and debunk it.

How the $15 wage is already killing Seattle jobs

"
Seattle passed its $15 law in June 2014. Starting last April, it raised the minimum from $9.32 (the state minimum wage) to $10 for certain business, $11 for others.

Increases to $12, $12.50 and $13 an hour began taking effect for most employers this Jan. 1. The jumps will continue until the minimum hits the full $15 an hour in 2017 for some before it’s universal in 2019.

Yet even the early impact is harsh.

The AEI study, worked up from Bureau of Labor Statistics’ monthly surveys, shows that, between April and December last year, Seattle saw the biggest employment drop in any nine-month period since 2009 — a full year into the Great Recession.

The city unemployment rate rose a full percentage point.

Before the minimum-wage hikes begin, Seattle employment tracked the rest of the nation — slowly rising from the 2008-09 bottom. But it started to plunge last spring, as the new law began to kick in.

Furthermore, Seattle’s loss of 10,000 jobs in just the three months of September, October and November was a record for any three-month period dating back to 1990.


There, it's debunked. It's amazing how much reality you people must ignore to hang on to your stupid positions.

 

[AntonToo]

Typical PBS left wing pablum and we are supposed to buy it.

You are more than welcome to try and debunk it.

How the $15 wage is already killing Seattle jobs

"
Seattle passed its $15 law in June 2014. Starting last April, it raised the minimum from $9.32 (the state minimum wage) to $10 for certain business, $11 for others.

Increases to $12, $12.50 and $13 an hour began taking effect for most employers this Jan. 1. The jumps will continue until the minimum hits the full $15 an hour in 2017 for some before it’s universal in 2019.

Yet even the early impact is harsh.

The AEI study, worked up from Bureau of Labor Statistics’ monthly surveys, shows that, between April and December last year, Seattle saw the biggest employment drop in any nine-month period since 2009 — a full year into the Great Recession.

The city unemployment rate rose a full percentage point.

Before the minimum-wage hikes begin, Seattle employment tracked the rest of the nation — slowly rising from the 2008-09 bottom. But it started to plunge last spring, as the new law began to kick in.

Furthermore, Seattle’s loss of 10,000 jobs in just the three months of September, October and November was a record for any three-month period dating back to 1990.


There, it's debunked. It's amazing how much reality you people must ignore to hang on to your stupid positions.

Bullshit.

Article is from early 2016, jumping the gun on short term trend and presenting it as meaningful evidence. But for the rest of 2016 the unemployment feel right down to what it was before minimum wage increase:

 

[Preacher]

Typical PBS left wing pablum and we are supposed to buy it.

You are more than welcome to try and debunk it.

How the $15 wage is already killing Seattle jobs

"
Seattle passed its $15 law in June 2014. Starting last April, it raised the minimum from $9.32 (the state minimum wage) to $10 for certain business, $11 for others.

Increases to $12, $12.50 and $13 an hour began taking effect for most employers this Jan. 1. The jumps will continue until the minimum hits the full $15 an hour in 2017 for some before it’s universal in 2019.

Yet even the early impact is harsh.

The AEI study, worked up from Bureau of Labor Statistics’ monthly surveys, shows that, between April and December last year, Seattle saw the biggest employment drop in any nine-month period since 2009 — a full year into the Great Recession.

The city unemployment rate rose a full percentage point.

Before the minimum-wage hikes begin, Seattle employment tracked the rest of the nation — slowly rising from the 2008-09 bottom. But it started to plunge last spring, as the new law began to kick in.

Furthermore, Seattle’s loss of 10,000 jobs in just the three months of September, October and November was a record for any three-month period dating back to
1990.


There, it's debunked. It's amazing how much reality you people must ignore to hang on to your stupid positions.

As I Predicted, Seattle's Minimum Wage Rise Is Reducing Employment
So far, the Seattle minimum-wage increase is doing what it’s supposed to do
$15 wage law has little impact on Seattle’s thriving labor market, report suggests

A year in, ‘the sky is not falling’ from Seattle’s minimum-wage hike
Yeahhhhh not so much....

 

[teapartysamurai]

Typical PBS left wing pablum and we are supposed to buy it.

You are more than welcome to try and debunk it.

How the $15 wage is already killing Seattle jobs

"
Seattle passed its $15 law in June 2014. Starting last April, it raised the minimum from $9.32 (the state minimum wage) to $10 for certain business, $11 for others.

Increases to $12, $12.50 and $13 an hour began taking effect for most employers this Jan. 1. The jumps will continue until the minimum hits the full $15 an hour in 2017 for some before it’s universal in 2019.

Yet even the early impact is harsh.

The AEI study, worked up from Bureau of Labor Statistics’ monthly surveys, shows that, between April and December last year, Seattle saw the biggest employment drop in any nine-month period since 2009 — a full year into the Great Recession.

The city unemployment rate rose a full percentage point.

Before the minimum-wage hikes begin, Seattle employment tracked the rest of the nation — slowly rising from the 2008-09 bottom. But it started to plunge last spring, as the new law began to kick in.

Furthermore, Seattle’s loss of 10,000 jobs in just the three months of September, October and November was a record for any three-month period dating back to
1990.


There, it's debunked. It's amazing how much reality you people must ignore to hang on to your stupid positions.

As I Predicted, Seattle's Minimum Wage Rise Is Reducing Employment
So far, the Seattle minimum-wage increase is doing what it’s supposed to do
$15 wage law has little impact on Seattle’s thriving labor market, report suggests

A year in, ‘the sky is not falling’ from Seattle’s minimum-wage hike
Yeahhhhh not so much....

Yeah, well here' the little detail that liberal fake news leaves out

"As Don Boudreaux likes to point out one of the reasons we don't see large job losses (as opposed to small ones) from rises in the minimum wage is because we've had a minimum wage for a long time and have already lost a lot of jobs as a result.

We Are Seeing The Effects Of Seattle's $15 An Hour Minimum Wage

Raising Minimum Starting Wages to $15 per Hour Would Eliminate Seven Million Jobs

 

[Preacher]

Typical PBS left wing pablum and we are supposed to buy it.

You are more than welcome to try and debunk it.

How the $15 wage is already killing Seattle jobs

"
Seattle passed its $15 law in June 2014. Starting last April, it raised the minimum from $9.32 (the state minimum wage) to $10 for certain business, $11 for others.

Increases to $12, $12.50 and $13 an hour began taking effect for most employers this Jan. 1. The jumps will continue until the minimum hits the full $15 an hour in 2017 for some before it’s universal in 2019.

Yet even the early impact is harsh.

The AEI study, worked up from Bureau of Labor Statistics’ monthly surveys, shows that, between April and December last year, Seattle saw the biggest employment drop in any nine-month period since 2009 — a full year into the Great Recession.

The city unemployment rate rose a full percentage point.

Before the minimum-wage hikes begin, Seattle employment tracked the rest of the nation — slowly rising from the 2008-09 bottom. But it started to plunge last spring, as the new law began to kick in.

Furthermore, Seattle’s loss of 10,000 jobs in just the three months of September, October and November was a record for any three-month period dating back to
1990.


There, it's debunked. It's amazing how much reality you people must ignore to hang on to your stupid positions.

As I Predicted, Seattle's Minimum Wage Rise Is Reducing Employment
So far, the Seattle minimum-wage increase is doing what it’s supposed to do
$15 wage law has little impact on Seattle’s thriving labor market, report suggests

A year in, ‘the sky is not falling’ from Seattle’s minimum-wage hike
Yeahhhhh not so much....

Yeah, well here' the little detail that liberal fake news leaves out

"As Don Boudreaux likes to point out one of the reasons we don't see large job losses (as opposed to small ones) from rises in the minimum wage is because we've had a minimum wage for a long time and have already lost a lot of jobs as a result.

We Are Seeing The Effects Of Seattle's $15 An Hour Minimum Wage

Raising Minimum Starting Wages to $15 per Hour Would Eliminate Seven Million Jobs

I already debunked your BS pal.

 

[teapartysamurai]

Typical PBS left wing pablum and we are supposed to buy it.

You are more than welcome to try and debunk it.

How the $15 wage is already killing Seattle jobs

"
Seattle passed its $15 law in June 2014. Starting last April, it raised the minimum from $9.32 (the state minimum wage) to $10 for certain business, $11 for others.

Increases to $12, $12.50 and $13 an hour began taking effect for most employers this Jan. 1. The jumps will continue until the minimum hits the full $15 an hour in 2017 for some before it’s universal in 2019.

Yet even the early impact is harsh.

The AEI study, worked up from Bureau of Labor Statistics’ monthly surveys, shows that, between April and December last year, Seattle saw the biggest employment drop in any nine-month period since 2009 — a full year into the Great Recession.

The city unemployment rate rose a full percentage point.

Before the minimum-wage hikes begin, Seattle employment tracked the rest of the nation — slowly rising from the 2008-09 bottom. But it started to plunge last spring, as the new law began to kick in.

Furthermore, Seattle’s loss of 10,000 jobs in just the three months of September, October and November was a record for any three-month period dating back to
1990.


There, it's debunked. It's amazing how much reality you people must ignore to hang on to your stupid positions.

As I Predicted, Seattle's Minimum Wage Rise Is Reducing Employment
So far, the Seattle minimum-wage increase is doing what it’s supposed to do
$15 wage law has little impact on Seattle’s thriving labor market, report suggests

A year in, ‘the sky is not falling’ from Seattle’s minimum-wage hike
Yeahhhhh not so much....

Yeah, well here' the little detail that liberal fake news leaves out

"As Don Boudreaux likes to point out one of the reasons we don't see large job losses (as opposed to small ones) from rises in the minimum wage is because we've had a minimum wage for a long time and have already lost a lot of jobs as a result.

We Are Seeing The Effects Of Seattle's $15 An Hour Minimum Wage

Raising Minimum Starting Wages to $15 per Hour Would Eliminate Seven Million Jobs

I already debunked your BS pal.

We shall see.

My guess is with Trump in office there will be an exodus away from these high minimum wage states to where the wages reflect the actual market.

 

[Missouri_Mike]

Typical PBS left wing pablum and we are supposed to buy it.

You are more than welcome to try and debunk it.

How the $15 wage is already killing Seattle jobs

"
Seattle passed its $15 law in June 2014. Starting last April, it raised the minimum from $9.32 (the state minimum wage) to $10 for certain business, $11 for others.

Increases to $12, $12.50 and $13 an hour began taking effect for most employers this Jan. 1. The jumps will continue until the minimum hits the full $15 an hour in 2017 for some before it’s universal in 2019.

Yet even the early impact is harsh.

The AEI study, worked up from Bureau of Labor Statistics’ monthly surveys, shows that, between April and December last year, Seattle saw the biggest employment drop in any nine-month period since 2009 — a full year into the Great Recession.

The city unemployment rate rose a full percentage point.

Before the minimum-wage hikes begin, Seattle employment tracked the rest of the nation — slowly rising from the 2008-09 bottom. But it started to plunge last spring, as the new law began to kick in.

Furthermore, Seattle’s loss of 10,000 jobs in just the three months of September, October and November was a record for any three-month period dating back to
1990.


There, it's debunked. It's amazing how much reality you people must ignore to hang on to your stupid positions.

As I Predicted, Seattle's Minimum Wage Rise Is Reducing Employment
So far, the Seattle minimum-wage increase is doing what it’s supposed to do
$15 wage law has little impact on Seattle’s thriving labor market, report suggests

A year in, ‘the sky is not falling’ from Seattle’s minimum-wage hike
Yeahhhhh not so much....

Yeah, well here' the little detail that liberal fake news leaves out

"As Don Boudreaux likes to point out one of the reasons we don't see large job losses (as opposed to small ones) from rises in the minimum wage is because we've had a minimum wage for a long time and have already lost a lot of jobs as a result.

We Are Seeing The Effects Of Seattle's $15 An Hour Minimum Wage

Raising Minimum Starting Wages to $15 per Hour Would Eliminate Seven Million Jobs

I already debunked your BS pal.

No you didn't dick wad. What you presented was the simple fact the newly unemployed in Seattle proper had to go outside the city to find employment. Or they just moved out of town. One way or another they couldn't maintain their jobs in Seattle so had to take drastic measures to survive and never saw a single check worth 15 bucks an hour. If you have your way they won't be able to go anywhere to get a job as those jobs will all be gone everywhere.

 

[Wyatt earp]

Typical PBS left wing pablum and we are supposed to buy it.

You are more than welcome to try and debunk it.

How the $15 wage is already killing Seattle jobs

"
Seattle passed its $15 law in June 2014. Starting last April, it raised the minimum from $9.32 (the state minimum wage) to $10 for certain business, $11 for others.

Increases to $12, $12.50 and $13 an hour began taking effect for most employers this Jan. 1. The jumps will continue until the minimum hits the full $15 an hour in 2017 for some before it’s universal in 2019.

Yet even the early impact is harsh.

The AEI study, worked up from Bureau of Labor Statistics’ monthly surveys, shows that, between April and December last year, Seattle saw the biggest employment drop in any nine-month period since 2009 — a full year into the Great Recession.

The city unemployment rate rose a full percentage point.

Before the minimum-wage hikes begin, Seattle employment tracked the rest of the nation — slowly rising from the 2008-09 bottom. But it started to plunge last spring, as the new law began to kick in.

Furthermore, Seattle’s loss of 10,000 jobs in just the three months of September, October and November was a record for any three-month period dating back to
1990.


There, it's debunked. It's amazing how much reality you people must ignore to hang on to your stupid positions.

As I Predicted, Seattle's Minimum Wage Rise Is Reducing Employment
So far, the Seattle minimum-wage increase is doing what it’s supposed to do
$15 wage law has little impact on Seattle’s thriving labor market, report suggests

A year in, ‘the sky is not falling’ from Seattle’s minimum-wage hike
Yeahhhhh not so much....

Yeah, well here' the little detail that liberal fake news leaves out

"As Don Boudreaux likes to point out one of the reasons we don't see large job losses (as opposed to small ones) from rises in the minimum wage is because we've had a minimum wage for a long time and have already lost a lot of jobs as a result.

We Are Seeing The Effects Of Seattle's $15 An Hour Minimum Wage

Raising Minimum Starting Wages to $15 per Hour Would Eliminate Seven Million Jobs

I already debunked your BS pal.

How did you debunk it?

Remind us again that Hillary or Bernie becomes the next president.

 

[Preacher]

You are more than welcome to try and debunk it.

How the $15 wage is already killing Seattle jobs

"
Seattle passed its $15 law in June 2014. Starting last April, it raised the minimum from $9.32 (the state minimum wage) to $10 for certain business, $11 for others.

Increases to $12, $12.50 and $13 an hour began taking effect for most employers this Jan. 1. The jumps will continue until the minimum hits the full $15 an hour in 2017 for some before it’s universal in 2019.

Yet even the early impact is harsh.

The AEI study, worked up from Bureau of Labor Statistics’ monthly surveys, shows that, between April and December last year, Seattle saw the biggest employment drop in any nine-month period since 2009 — a full year into the Great Recession.

The city unemployment rate rose a full percentage point.

Before the minimum-wage hikes begin, Seattle employment tracked the rest of the nation — slowly rising from the 2008-09 bottom. But it started to plunge last spring, as the new law began to kick in.

Furthermore, Seattle’s loss of 10,000 jobs in just the three months of September, October and November was a record for any three-month period dating back to
1990.


There, it's debunked. It's amazing how much reality you people must ignore to hang on to your stupid positions.

As I Predicted, Seattle's Minimum Wage Rise Is Reducing Employment
So far, the Seattle minimum-wage increase is doing what it’s supposed to do
$15 wage law has little impact on Seattle’s thriving labor market, report suggests

A year in, ‘the sky is not falling’ from Seattle’s minimum-wage hike
Yeahhhhh not so much....

Yeah, well here' the little detail that liberal fake news leaves out

"As Don Boudreaux likes to point out one of the reasons we don't see large job losses (as opposed to small ones) from rises in the minimum wage is because we've had a minimum wage for a long time and have already lost a lot of jobs as a result.

We Are Seeing The Effects Of Seattle's $15 An Hour Minimum Wage

Raising Minimum Starting Wages to $15 per Hour Would Eliminate Seven Million Jobs

I already debunked your BS pal.

How did you debunk it?

Remind us again that Hillary or Bernie becomes the next president.

SEVERAL links show the higher wage has done nothing to harm Seattle...so keep believing the rightwinger lies.

 

[Wyatt earp]

How the $15 wage is already killing Seattle jobs

"
Seattle passed its $15 law in June 2014. Starting last April, it raised the minimum from $9.32 (the state minimum wage) to $10 for certain business, $11 for others.

Increases to $12, $12.50 and $13 an hour began taking effect for most employers this Jan. 1. The jumps will continue until the minimum hits the full $15 an hour in 2017 for some before it’s universal in 2019.

Yet even the early impact is harsh.

The AEI study, worked up from Bureau of Labor Statistics’ monthly surveys, shows that, between April and December last year, Seattle saw the biggest employment drop in any nine-month period since 2009 — a full year into the Great Recession.

The city unemployment rate rose a full percentage point.

Before the minimum-wage hikes begin, Seattle employment tracked the rest of the nation — slowly rising from the 2008-09 bottom. But it started to plunge last spring, as the new law began to kick in.

Furthermore, Seattle’s loss of 10,000 jobs in just the three months of September, October and November was a record for any three-month period dating back to
1990.


There, it's debunked. It's amazing how much reality you people must ignore to hang on to your stupid positions.

As I Predicted, Seattle's Minimum Wage Rise Is Reducing Employment
So far, the Seattle minimum-wage increase is doing what it’s supposed to do
$15 wage law has little impact on Seattle’s thriving labor market, report suggests

A year in, ‘the sky is not falling’ from Seattle’s minimum-wage hike
Yeahhhhh not so much....

Yeah, well here' the little detail that liberal fake news leaves out

"As Don Boudreaux likes to point out one of the reasons we don't see large job losses (as opposed to small ones) from rises in the minimum wage is because we've had a minimum wage for a long time and have already lost a lot of jobs as a result.

We Are Seeing The Effects Of Seattle's $15 An Hour Minimum Wage

Raising Minimum Starting Wages to $15 per Hour Would Eliminate Seven Million Jobs

I already debunked your BS pal.

How did you debunk it?

Remind us again that Hillary or Bernie becomes the next president.

SEVERAL links show the higher wage has done nothing to harm Seattle...so keep believing the rightwinger lies.

Again remind us again that Hillary or Bernie is president.

And why would you use Seattle as a measuring stick?

 

[Preacher]

As I Predicted, Seattle's Minimum Wage Rise Is Reducing Employment
So far, the Seattle minimum-wage increase is doing what it’s supposed to do
$15 wage law has little impact on Seattle’s thriving labor market, report suggests

A year in, ‘the sky is not falling’ from Seattle’s minimum-wage hike
Yeahhhhh not so much....

Yeah, well here' the little detail that liberal fake news leaves out

"As Don Boudreaux likes to point out one of the reasons we don't see large job losses (as opposed to small ones) from rises in the minimum wage is because we've had a minimum wage for a long time and have already lost a lot of jobs as a result.

We Are Seeing The Effects Of Seattle's $15 An Hour Minimum Wage

Raising Minimum Starting Wages to $15 per Hour Would Eliminate Seven Million Jobs

I already debunked your BS pal.

How did you debunk it?

Remind us again that Hillary or Bernie becomes the next president.

SEVERAL links show the higher wage has done nothing to harm Seattle...so keep believing the rightwinger lies.

Again remind us again that Hillary or Bernie is president.

And why would you use Seattle as a measuring stick?

Why wouldn't I? Seattle was brought up so I showed that Seattle's min wage has helped not harmed... We beat you morons at the ballot box...no morons like Cruz or Walker or Jindal etc etc we got a POPULIST elected. Things are gonna change and change quickly....its no longer the republican vs democrat its now the duopoly vs the people.

 

[Wyatt earp]

Yeah, well here' the little detail that liberal fake news leaves out

"As Don Boudreaux likes to point out one of the reasons we don't see large job losses (as opposed to small ones) from rises in the minimum wage is because we've had a minimum wage for a long time and have already lost a lot of jobs as a result.

We Are Seeing The Effects Of Seattle's $15 An Hour Minimum Wage

Raising Minimum Starting Wages to $15 per Hour Would Eliminate Seven Million Jobs

I already debunked your BS pal.

How did you debunk it?

Remind us again that Hillary or Bernie becomes the next president.

SEVERAL links show the higher wage has done nothing to harm Seattle...so keep believing the rightwinger lies.

Again remind us again that Hillary or Bernie is president.

And why would you use Seattle as a measuring stick?

Why wouldn't I? Seattle was brought up so I showed that Seattle's min wage has helped not harmed... We beat you morons at the ballot box...no morons like Cruz or Walker or Jindal etc etc we got a POPULIST elected. Things are gonna change and change quickly....its no longer the republican vs democrat its now the duopoly vs the people.

OK I will bite how in your fantasy world did you beat us at the ballot Box?

 

[owebo]

Column: The claim that if wages go up, jobs will go down is not a theory -- it's a scam

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

Simple facts folks....its just MORE scare tactics by the RICH and regurgitated by their simpletons on the right.

Yep...you stupid liberal fucks buy job killing minimum wage propaganda every time....

 

[dblack]

So, my opposition to minimum wage laws has nothing to do with the presumed impact on the economy. I just think government shouldn't have that kind of power. But I have a question for proponents who are arguing that it actually helps. Are you saying there is no negative impact at all to banning low-wage jobs? Or are you saying that the negative impacts on the economy are countered by positives that make it a net win? If so, is there some point of diminishing returns to that net win?

The reason I ask is that the natural response to a claim that banning low wage jobs has no negative repercussions is why we would bother with $15/hr when we could do $30 or $40 - or higher yet. MW advocates always ignore this question and I wonder why. Is it that they know it does have a negative impact, but that at low levels it won't matter much?

 

[kaz]

Column: The claim that if wages go up, jobs will go down is not a theory -- it's a scam

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

Simple facts folks....its just MORE scare tactics by the RICH and regurgitated by their simpletons on the right.

The issue isn't wages going up, the issue is when they go up by government force, not market drivers. Your thread is a useless non-starter