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

To: TimF who wrote (860606)	5/31/2015 11:58:09 PM
From: tejek	Read Replies (1) \| Respond to of 1574122

An increase in the federal minimum wage killed jobs during the Great Recession, according to a new study from the National Bureau of Economic Research. From December 2006 through December 2012, increases in the minimum wage caused the national employment-population ratio to decline by about 0.7 percentage points. How do you consider that conclusion to be even credible, Tim? Your first clue that the conclusion is suspect is that it was in the WA Examiner. What killed jobs in the Great Recession was the collapse of Wall Street, the housing, real estate and banking industries. Private industry was playing fast and lose under a presidential administration that didn't believe monitoring the private sector was important.