Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 07-02-2010, 07:15 AM
 
2,714 posts, read 4,281,261 times
Reputation: 1314

Advertisements

What about the other link I posted? Is that enough evidence for you?
Reply With Quote Quick reply to this message

 
Old 07-02-2010, 07:30 AM
 
Location: Virginia Beach, VA
5,522 posts, read 10,197,207 times
Reputation: 2572
Quote:
Originally Posted by cyclone8570 View Post
Wow you all sound like a bunch of cry babies. Everyone knows that increases in the minimum wage causes increases in unemployment-- its not a debate-- its fact. Here is some evidence:


Look at the states with higher than the federally mandated minimum wage... see a trend here? Yes, its those states that are in the economic dumps... california, florida...etc.

Now lets look at a study that was done in Washington and Oregon:

http://www.econinternational.com/blog/wp-content/uploads/2009/04/employment_impacts_of_minimum_wage_1.gif (broken link)

This is evidence of absolutely nothing.

Trying to connect "minimum wage laws" and "economic climate", ignoring every other factor, many of which are far more important, such as education level of the population, and tax rates on business, is a complete and total fallacy.
Reply With Quote Quick reply to this message
 
Old 07-02-2010, 03:36 PM
 
Location: Conejo Valley, CA
12,460 posts, read 20,083,618 times
Reputation: 4365
Quote:
Originally Posted by cyclone8570 View Post
Wow you all sound like a bunch of cry babies. Everyone knows that increases in the minimum wage causes increases in unemployment-- its not a debate-- its fact. Here is some evidence:
Odd that you think something that is not true is "a fact". In a healthy economy there is no consistent difference in unemployment rates between the states. Even today, there is not a consistent trend. Georgia with a very low minimum wage, has a higher unemployment rate (9.8%) than New York (8.2%) despite New York having one of the highest minimum wages. Tennessee with its loose minimum wage laws has a higher unemployment rate (10.2%) than Pennsylvania (8.7%) and Texas (8.1%), etc. SC unemployment rate is higher than the vast majority of other states, yet it has loose minimum wage laws.

Was this suppose to be counter-evidence?
Reply With Quote Quick reply to this message
 
Old 07-02-2010, 03:52 PM
 
Location: Buffalo, trying to leave
1,228 posts, read 3,718,741 times
Reputation: 779
Quote:
Originally Posted by Randomdude View Post
Yet you will gladly pay them $8 an hour when they give you $16 in value, which is the case with most low wage jobs.
So you think that employers should pass every cent of value back to the employee. It's your job to meet and exceed the return on your salary. If you return just 100% of your salary you are probably useless to this company. If you are returning a higher percentage you are far more valuable, will likely get rewarded for this in the future through cash incentives, promotions, or other considerations. Most importantly, you won't find yourself unemployed, so long as your employer isn't suffering to the point where layoffs are a viable option.
Reply With Quote Quick reply to this message
 
Old 07-02-2010, 04:18 PM
 
48,502 posts, read 96,848,488 times
Reputation: 18304
Bascially the minium wage in states that are higher but thee cost opf lioving is higher and in many cases does not allow the same living standard. That is evident when you see retirees moving when they can to lower cost of living states. That brings more states depending on less people and in mnay cases now even the younger are moving to get on the home ownership l;atter because they can't i the staes where they were raised.Business often follows them to get the wrokforce they want and the lower cost of doing business.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top