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edhopper

(37,387 posts)

25. No it wasn't

Reply to WHITT (Reply #22)

Thu Apr 29, 2021, 03:30 PM

Apr 2021

You will have to find a source for that.

My Labor source says it was from 11 different diverse studies.

https://www.laborpress.org/cbo-offers-up-mixed-report-on-15-federal-minimum-wage/

The 1.3 million figure, she explained, is based on the median of 11 recent studies, three of which projected that raising the minimum would actually increase employment, and five of which said that it would cause substantially higher job losses. The CBO used two of those to estimate that a $15 minimum, at worst, could cost 3.7 million jobs.

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$15 dollar minimum wage could cost 1 million jobs! [View all] edhopper Apr 2021 OP

It is BS from way back. Raising the minimum wage does not cause job loss Walleye Apr 2021 #1

The CBO says the job loss is real edhopper Apr 2021 #2

I say let's try it and see what happens. It's only progress Walleye Apr 2021 #7

No, It's Not Real WHITT Apr 2021 #13

I posted a link edhopper Apr 2021 #19

I'm Well Aware Of The CBO Report From February WHITT Apr 2021 #22

+1 Any Repub studies should be automatically assumed to be bullshit. lagomorph777 Apr 2021 #23

No it wasn't edhopper Apr 2021 #25

You're Missing The Point WHITT Apr 2021 #30

"Sounds alarming, until you realize..." that it's just another lie. PSPS Apr 2021 #3

Where's the evidence of that? TDale313 Apr 2021 #4

Why does the article in post 2 say otherwise? The CBO. jimfields33 Apr 2021 #5

Because the CBO quoted a study done by Republicans. lagomorph777 Apr 2021 #24

No edhopper Apr 2021 #27

Thanks for including the balanced assessment of the CBO report. lagomorph777 Apr 2021 #28

Including A Theoretical Study WHITT Apr 2021 #31

Oh those CBO buggers. What a deceptive move. jimfields33 Apr 2021 #35

Wonder how much of that temporary311 Apr 2021 #6

Exactly soothsayer Apr 2021 #8

At least some of it drmeow Apr 2021 #36

But they always ignore what happens next, duforsure Apr 2021 #9

It'll be alright. bem6207 Apr 2021 #10

That always did come off the stable floor. KentuckyWoman Apr 2021 #11

Those that get an increase to $15 aren't using it for stock buy backs.... Under The Radar Apr 2021 #12

If you are employing people full time and can't pay them enough for them to live decently, as in Scrivener7 Apr 2021 #14

And the taxpayers won't have to continue to help pay the wages of all the working Maraya1969 Apr 2021 #17

Plus, fewer people would even need a second/third/etc. job FireUpChips10 Apr 2021 #15

Employers hire as many people as they need to run their business. The have to! Maraya1969 Apr 2021 #16

There is a reason that 80 M stat is never quoted, it's not close to true. Min Wage does need to be Hoyt Apr 2021 #18

Old enough to remember when smoking bans were going to end the bar and restaurant industry greenjar_01 Apr 2021 #20

Half a Job DontBelieveEastisEas Apr 2021 #21

"Fire 1 million!" -Zorg maxsolomon Apr 2021 #26

Mandating a specific minimum wage COULD put a fledgling business in trouble dickthegrouch Apr 2021 #29

But WHITT Apr 2021 #32

How many jobs will a $15 minimum wage create? roamer65 Apr 2021 #33

This is true edhopper Apr 2021 #34