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Economy
Evidence Mounts: Minimum Wage Hikes Cost Jobs
2016-02-09
The evidence continues to mount that minimum wage hikes have economic costs: A Federal Reserve Bank of San Francisco review paper recently found that minimum wages had “directly reduced the number of jobs nationally by about 100,000 to 200,000.” And now a new survey of recent data by Jed Graham of Investor’s Business Daily (h/t RCP) found that minimum wage hikes seem to have taken a toll on hiring in some of America’s major metropolitan areas:
Posted by:DarthVader

#4  Making it illegal for American workers to compete in the global market. Damn, they wanted that global market soooooo bad!
Posted by: Ebbang Uluque6305   2016-02-09 16:16  

#3  and yet our liberal gay Democrat SD Councilman Todd Gloria just got an increase with mandatory paid sick days on the June Ballot:

"Vote with your hearts, not your heads! Math is hard!"
Posted by: Frank G   2016-02-09 09:00  

#2  US15.0 Minimum Wage = JOBS FOR ROBOTS, NOT HUMANS.

SUPPORT THE MACHINE = ROBO-REVOLUTION, YOU CAN DATE + MARRY YOUR ROBOTS!

Oh wait ...

["I, ROBOT" here].
Posted by: JosephMendiola   2016-02-09 00:41  

#1  Because it isn't about you being able to work. It is about "fairness".

Stand in the bread line now like a good little comrade while your betters eat caviar.
Posted by: DarthVader   2016-02-09 00:33  

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