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I see you're really dedicated. Try this, click my link, press ctrl+f and type "small", hmm.... 0 hits. Strange if you search "increase", you get 7 hits. Let's
by pnutjam 5y ago
I see you're really dedicated. Try this, click my link, press ctrl+f and type "small", hmm.... 0 hits. Strange if you search "increase", you get 7 hits.
Let's further break down your post.
economists think... (conjecture)
...a large increase can have a direct effect on employment... - ( 72% used to, now only 46% do. per my link)
...or otherwise economists would simply propose making a $100 minimum wage... (the most classic case of Straw Man ever. Who is proposing this huge increase?)
- opo 5y ago>( 72% used to, now only 46% do. per my link) They are referring to the typical small increase in minimum wage that has been done for the last few decades. You seem to hold very very strong views for someone who found a press release. >......or otherwise economists would simply propose making a $100 minimum wage... (the most classic case of Straw Man ever. Who is proposing this huge increase?) This is exactly my point. If economists believed that a large increase could have no effect on employment levels, they would propose raising the minimum wage to say $100 an hour. Since they haven't proposed that, that means that they do believe that a large increase would directly impact employment levels. This really shouldn't be that hard for you to understand. If you don't think that a minimum wage can ever affect employment levels then say so, if you think there is some level where it would affect employment levels, then what is that level and how did you decide what that level is?
- pnutjam 5y ago$100 would not cause the problems your positing, it would cause other problems. It would create a massive disruption in pricing and pay rates. That argument is dead stupid. I'm not sure why you're doubling down on it. Economists are not proposing massive changes, because economics is mostly about justifying current systems and getting paid by the wealthy.
- opo 5y ago>...economics is mostly about justifying current systems and getting paid by the wealthy. My advice would be to take an economics class.