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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (792333)	6/28/2014 2:35:42 PM
From: jlallen	Read Replies (1) \| Respond to of 1577883

inode does back up his claims....you are too stupid to do so....see the difference?

To: koan who wrote (792333)	6/28/2014 2:55:20 PM
From: i-node	Read Replies (3) \| Respond to of 1577883

>> Did you back up your claim? >> You saying it doesn't make it true either. Me saying it doesn't make it true, but I have posted links innumerable times on this very thread summarizing the support for what I said. Simply put, the most heavily researched area of labor economics is the minimum wage and the proof is conclusive: increased minimum wages hurt the working poor. And the CBO said as much when it found increasing the minimum wage as Obama wanted to do would leave 500,000-1,000,000 jobless while providing minimal improvement in the circumstances of those benefiting from the minimum wage increase. So, while your view may be that small wage increases for a few million are worth allowing 500,000-1,000,000 to become jobless, more rational people comprehend that leaving one person jobless is not better than marginal improvements in the wages of a few.