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

To: Wharf Rat who wrote (886261)	9/9/2015 10:23:08 AM
From: TimF	Read Replies (1) \| Respond to of 1576336

One year. Rather cherry picked data. Also assuming states aren't totally irrational (and sometimes they are, but often not, and if they where it hardly argues for states imposing more cost on business), they are more likely to impose a higher minimum wage when there local economy is a higher cost/wage/price economy, with skilled employees or other factors that enable the higher minimum wage to not be devastating. Beyond that the overall correlation in that data is weak, and disappears (or at least is not statistically significant) if you remove CA. CA already had imposed a lot of extra costs on employers, and largely as a result had underperformed for years. A year or two swing back doesn't mean CA has a good recent economic record.