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>The literature I've seen does not purport that no conceivable change in the minimum wage would have any effect on unemployment levels. That alone demonstrates

by ancap 10y ago

>The literature I've seen does not purport that no conceivable change in the minimum wage would have any effect on unemployment levels. That alone demonstrates the answer in the above linked DOL "mythbusters" to be false, or at least deliberately misleading. Let's break down their response: >with the weight of evidence now showing that increases in the minimum wage have had little or no negative effect on the employment of minimum-wage workers They point to past increases in minimum wage which, according to their selected studies, had "little or no" impact on unemployment, but never has any past increase tried to more than double the minimum wage as some strive to do today. The DOL's answer does not address the question posed. Regarding the aforementioned studies, even if we take their conclusions to be accurate (which I do not--their methodology is deeply flawed), using them to justify today's "fight for 15" is comparing apples to oranges.

dragonwriter 10y ago
> but never has any past increase tried to more than double the minimum wage as some strive to do today. That's true, but not by a large margin; the biggest %age one-time increase in the federal minimum wage in the past was 87.5%, a one-step increase to $15 now would be just under 107%. > Regarding the aforementioned studies, even if we take their conclusions to be accurate (which I do not--their methodology is deeply flawed), using them to justify today's "fight for 15" is comparing apples to oranges. Show me an alternative model you'd prefer to use to reject the "fight for $15" that wasn't rejected by the actual results of minimum wage increases in the last several decades and we can talk. Otherwise, all I can see is you rejecting all evidence, but still having no actual basis in fact or justifiable theory for the concern you are raising.
- emodendroket 10y ago
  Somehow I feel "ancap" may be ideologically motivated.
- ancap 10y ago
  >Show me an alternative model you'd prefer to use to reject the "fight for $15" that wasn't rejected by the actual results of minimum wage increases in the last several decades and we can talk. Tell me which study you want to discuss and/or which methodology is being used and I will tell you where it falls short.

by ancap 10y ago

dragonwriter 10y ago

> but never has any past increase tried to more than double the minimum wage as some strive to do today. That's true, but not by a large margin; the biggest %age one-time increase in the federal minimum wage in the past was 87.5%, a one-step increase to $15 now would be just under 107%. > Regarding the aforementioned studies, even if we take their conclusions to be accurate (which I do not--their methodology is deeply flawed), using them to justify today's "fight for 15" is comparing apples to oranges. Show me an alternative model you'd prefer to use to reject the "fight for $15" that wasn't rejected by the actual results of minimum wage increases in the last several decades and we can talk. Otherwise, all I can see is you rejecting all evidence, but still having no actual basis in fact or justifiable theory for the concern you are raising.

emodendroket 10y ago
Somehow I feel "ancap" may be ideologically motivated.
ancap 10y ago
>Show me an alternative model you'd prefer to use to reject the "fight for $15" that wasn't rejected by the actual results of minimum wage increases in the last several decades and we can talk. Tell me which study you want to discuss and/or which methodology is being used and I will tell you where it falls short.