L.A. Mayor Garcetti Expected To Announce Plan For Minimum Wage Raise to $_____ ?

[tonymctones]

WTF man - did you even read my post?

I cited the exact same line in the summary of their report and even put it in BOLD

you did, but you also used it as evidence to bolster your belief. This study is again a 1 month study during a time in which seasonally there is more employment, using data from 9 of 13 states that adjusted the minimum wage for inflation at a time when there is basically no inflation and during a growing economy.

Even with those things which would obviously help the argument that a minimum wage increase doesnt hurt employment the results obviously show that if anything the results are very mixed.


You left that part out........

[Straw Man]

you did, but you also used it as evidence to bolster your belief. This study is again a 1 month study during a time in which seasonally there is more employment, using data from 9 of 13 states that adjusted the minimum wage for inflation at a time when there is basically no inflation and during a growing economy.

Even with those things which would obviously help the argument that a minimum wage increase doesnt hurt employment the results obviously show that if anything the results are very mixed.


You left that part out........

here some of my prior posts on this topic so have it

Also, how about you find some studies to support your belief (or at least the belief of some on this board) that a higher minimum wage hurts the economy.

Actually cities and states with higher minimum wages have the most amount of economic growth
Here are some examples:

Show This To The Next Person Who Says High Minimum Wages Kill Jobs
http://www.huffingtonpost.com/2014/05/15/minimum-wage-jobs_n_5330852.html

Highest Minimum-Wage State Washington Beats U.S. in Job Creation
http://www.bloomberg.com/news/2014-03-05/washington-shows-highest-minimum-wage-state-beats-u-s-with-jobs.html

2014 Job Creation Faster in States that Raised the Minimum Wage
http://www.cepr.net/index.php/blogs/cepr-blog/2014-job-creation-in-states-that-raised-the-minimum-wage

There is plenty of evidence that Republicans are not in favor of higher wages in spite of the fact (or maybe because) it's been shown to spur economic growth.

The premise of the idiot who started this thread is that wages are down and somehow that's Obama's fault or that some of us "blame "still blame palin w Romney et al"

wtf does that even mean.  What exactly would we be blaming Palin and Romney for in regards to this topic.  Neither of them ever even held national office.

The mental patient who started this thread is actually himself in favor of lower wages (again in spite of the evidence that higher wages are better for everyone)

This is just one of 1000's of thread on this board that are completely void of any meaning or coherence and only exist so that our resident mental patient can calm the OCD monkey on his back for a few minutes

[tonymctones]

here some of my prior posts on this topic so have it

Also, how about you find some studies to support your belief (or at least the belief of some on this board) that a higher minimum wage hurts the economy.

plenty of studies that show raising labor costs hurt employment, if you deny it youre an idiot.

Now I agree that it can help the overall economy but its a balancing act and like all things the truth is somewhere in the middle of both sides.

All things being equal if you make it labor more expensive people will utilize labor less, its a very basic economic concept. Now I understand what your studies are saying is that increasing the pay will increase economic activity and as a result require more labor and I think there is a valid argument to be made from that but that doesnt make it true.

Of course the flip side is that a raise in wages lead to a raise in prices and decrease in spending causing basically nullifying any increase in spending due to the raise in wages.

Again the truth is for the most part somewhere in the middle 

[tonymctones]

I defintely see the argument for and against raising the minimum wage.

The issue that advocates of raising the minimum wage face is that the poster child of the person who it would benefit is a person with multiple children, with an iphone groaning about not being able to make ends meet.

Let me ask you this straw as a person who is obviously for it. What standard of living do you think is fair for a person who works 40 hours a week? own a home? how much? own a car? multiple cars? have a child? multiple kids?

[Straw Man]

plenty of studies that show raising labor costs hurt employment, if you deny it youre an idiot.

Now I agree that it can help the overall economy but its a balancing act and like all things the truth is somewhere in the middle of both sides.

All things being equal if you make it labor more expensive people will utilize labor less, its a very basic economic concept. Now I understand what your studies are saying is that increasing the pay will increase economic activity and as a result require more labor and I think there is a valid argument to be made from that but that doesnt make it true.

Of course the flip side is that a raise in wages lead to a raise in prices and decrease in spending causing basically nullifying any increase in spending due to the raise in wages.

Again the truth is for the most part somewhere in the middle 

how about posting one of those many studies or even better post one that actually addresses the topic of this thread which is increasing the minimum wage which is basically the same today (in today's dollars) as it was in 1938.

[tonymctones]

how about posting one of those many studies or even better post one that actually addresses the topic of this thread which is increasing the minimum wage which is basically the same today (in today's dollars) as it was in 1938.

guy seriously?

do you really deny that there are studies that show raising the minimum wage hurts employment?

If you want I can draw you supply and demand chart...LMFAO

[Archer77]

you did, but you also used it as evidence to bolster your belief. This study is again a 1 month study during a time in which seasonally there is more employment, using data from 9 of 13 states that adjusted the minimum wage for inflation at a time when there is basically no inflation and during a growing economy.

Even with those things which would obviously help the argument that a minimum wage increase doesnt hurt employment the results obviously show that if anything the results are very mixed.


You left that part out........

If what you write is true,  the designers of the study are incompetent and/or willfully dishonest

[tonymctones]

If what you write is true,  the designers of the study are incompetent and/or willfully dishonest

it is the study measured the change from december to january, 9 of the 13 states that they classify as raising the minmum wage was a result of a cost of living adjustment for inflation even though inflation is very low and the economy was and is growing.

Its either dishonest or ignorant to use this study to back up a stance that raising the minimum wage doesnt hurt employment.

[Straw Man]

it is the study measured the change from december to january, 9 of the 13 states that they classify as raising the minmum wage was a result of a cost of living adjustment for inflation even though inflation is very low and the economy was and is growing.

Its either dishonest or ignorant to use this study to back up a stance that raising the minimum wage doesnt hurt employment.

the chart actually is based on a period from on the first 4 months of 2014 and the baseline of the chart is growth from the last 5 months of 2013

anyway, where are all the studies of what everyone here "knows" which is that "raising minimum wage must hurt employment

We see an abundance of evidence that this likely not true but since everyone here knows it surely there must be studies that prove it.  You yourself previously mentioned that there are "plenty of studies" so where are they?

[Archer77]

it is the study measured the change from december to january, 9 of the 13 states that they classify as raising the minmum wage was a result of a cost of living adjustment for inflation even though inflation is very low and the economy was and is growing.

Its either dishonest or ignorant to use this study to back up a stance that raising the minimum wage doesnt hurt employment.

December to January 9th, right during the christmas season when retail chains hire temporary help. The methodology of the study is deeply flawed.

[tonymctones]

December to January 9th, right during the christmas season when retail chains hire temporary help. The methodology of the study is deeply flawed.

yup.....

[tonymctones]

the chart actually is based on a period from on the first 4 months of 2014 and the baseline of the chart is growth from the last 5 months of 2013

anyway, where are all the studies of what everyone here "knows" which is that "raising minimum wage must hurt employment

We see an abundance of evidence that this likely not true but since everyone here knows it surely there must be studies that prove it.  You yourself previously mentioned that there are "plenty of studies" so where are they?

[Straw Man]

December to January 9th, right during the christmas season when retail chains hire temporary help. The methodology of the study is deeply flawed.

the chart provided in the link is based on data of 8 months (4 month prior to increase as baseline) and 4 months post increase

Anyway, if you think it's "deeply flawed" then toss it out and look at the other examples I provided.  I'm sure you're aware that many cities have much higher minimum wages than the Federal minimum wage so there should be plenty of evidence that it's either harmful, not harmful or helpful to employment.

[Straw Man]

I guess you found that in one of those "plenty of  studies"

thanks for reminding me that you're a waste of time

[Straw Man]

guy seriously?

do you really deny that there are studies that show raising the minimum wage hurts employment?

If you want I can draw you supply and demand chart...LMFAO

still waiting for you to post them

what's the problem

you've got so many to choose from

[tonymctones]

I guess you found that in one of those "plenty of  studies"

thanks for reminding me that you're a waste of time

hahah anyone who denies there are studies that show that raising the minimum wage hurts employment obviously isnt serious about having an open debate on the subject or they are so close minded and ignorant they refuse to see reality.

Either way its fine, stop wasting your time on me then.

[tonymctones]

still waiting for you to post them

what's the problem

you've got so many to choose from

economics was a bitch of a class for you wasnt it straw? hahahhaha

[Straw Man]

economics was a bitch of a class for you wasnt it straw? hahahhaha

no, what's a bitch is talking to a loser who can't support his claims

just reminding me that it is par for the course with you

[tonymctones]

no, what's a bitch is talking to a loser who can't support his claims

just reminding me that it is par for the course with you

hahah guy wasnt there a cbo study a while back about raising the minimum wage would cost jobs?

seriously if you are geniunely open minded about it, which its obvious youre not. Google it quickly and see the other side of the coin there big boy.

[Straw Man]

hahah guy wasnt there a cbo study a while back about raising the minimum wage would cost jobs?

seriously if you are geniunely open minded about it, which its obvious youre not. Google it quickly and see the other side of the coin there big boy.

LOL - you're joking right

you make a claim and you can't support it and you want me to find it for you

get lost punk

[Coach is Back!]

I'll settle on the recent report from the Center for Economic Policy and Research .

Hey, aren't you the moron that said every new tax, legislation and even every vacation by the POTUS causes you to have to raise the prices on your tire flipping lessons.

I assume your fee schedule is like the white board at a sushi restaurant and each day we'll need to check for the "market price" on tire flipping lessons

As a matter of fact I didn't say that, dumbshit. And fuck your "reports" and use some fucking business commonsense. You said you had a business (which was never revealed to my knowledge) that I find hard to believe. It proves liberals have no fucking sense of business what so ever.

[Straw Man]

As a matter of fact I didn't say that, dumbshit. And fuck your "reports" and use some fucking business commonsense. You said you had a business (which was never revealed to my knowledge) that I find hard to believe. It proves liberals have no fucking sense of business what so ever.

fair point

you didn't mention "legislation" (that's what you were referring to in my post.....right?)

let's look at exactly what you "said" (and by that I mean what you wrote)

Anything that affects my bottom line affects my business. Every new entitlement, every new tax, every time that asshole decides to take $100mil vacations.

It affects some of my clientele that own businesses which in turn....affects my business. I could go on if you like but since you have a degree in finance which I'm sure includes some business basics, you should know this, but kinda doubt it.

[240 is Back]

please provide a link for the above names. you have a history of posting shit to suit your argument without a link.

So what's your take on this list, now that you see their signatures?

[Coach is Back!]

Anything that affects my bottom line affects my business. Every new entitlement, every new tax, every time that asshole decides to take $100mil vacations.

It affects some of my clientele that own businesses which in turn....affects my business. I could go on if you like but since you have a degree in finance which I'm sure includes some business basics, you should know this, but kinda doubt it.

Do you think these things are free? You know, such as "free" healthcare? Of course it affects every businesses bottomline if they have to pay more in taxes? Seriously, what part of this are you not understanding? What business are you in? You seem to avoid this question.

[Coach is Back!]

So what's your take on this list, now that you see their signatures?

My take is I don't give a fuck. I'm too busy trying to get through Mr. Finance degree that he should go back to the school he got that degree from and sue the holy shit out of them for making him believe that raising the min wage and raising taxes is good for economic growth.