General Discussion

indepat

(20,899 posts)

34. If you are looking for an example of how destructive to the economy and

Sun Sep 1, 2013, 06:18 PM

Sep 2013

society a living minimum wage is, look no further than Australia to see its chilling effects. Then let's all say in unison the U.S. is the best place in the world to live, but don't try telling that to any of the 40% of Americans who are now effectively paid less than the 1968 minimum wage. A national travesty brought to you by your friendly corporatist government whose policies exacerbate and grow corporate welfare.

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The Myth of Minimum Wage Killing Jobs [View all] WonderGrunion Sep 2013 OP

Labor Day weekend kick WonderGrunion Sep 2013 #1

du rec. xchrom Sep 2013 #2

Thank you for the K&R WonderGrunion Sep 2013 #17

Great chart! No arguing with that. Thanks. Squinch Sep 2013 #3

I wanted to make it easy to digest WonderGrunion Sep 2013 #21

Everytime the debte comes up they say it will kill jobs and cause inflation arely staircase Sep 2013 #4

What that chart really shows Mnpaul Sep 2013 #5

Around 1970-1980s, job growth slowed/stalled Triana Sep 2013 #6

Bookmarked. Thank you for this WG. (nt) PotatoChip Sep 2013 #7

You are very welcome WonderGrunion Sep 2013 #24

oh... too bad handmade34 Sep 2013 #8

Facts do have a well known liberal bias. WonderGrunion Sep 2013 #20

Great post. Let's see how long the Cato/Heritage folks take to attack it. SunSeeker Sep 2013 #9

About 7 minutes. Then, the next one 16 minutes afterward. Egalitarian Thug Sep 2013 #26

K&R Ohio Joe Sep 2013 #10

This chart is worthless bobclark86 Sep 2013 #11

But the Repukes never talk about inflation or banks fucking people WonderGrunion Sep 2013 #14

Gee, maybe their employers will recognize this and give those 5-year employees raises too. Gormy Cuss Sep 2013 #22

The chart is far from useless. It may not show the complete picture but at least he rhett o rick Sep 2013 #27

Not worthless. Not even a chart. D Gary Grady Sep 2013 #28

k and r niyad Sep 2013 #12

I looked at my working life from '79 onwards and this chart goes against your theory OnlinePoker Sep 2013 #13

Those 7 out of 10 times were during Reagan and the Bushes WonderGrunion Sep 2013 #16

Excellent post. n/t DirkGently Sep 2013 #15

every time a min wage increase is proposed, the same dire predictions are cast. KG Sep 2013 #18

And yet every time they never happen the same BS is still trotted out the next time Populist_Prole Sep 2013 #32

Minimum wage increases are needed, but growing work/worker imbalance is the greater problem. reformist2 Sep 2013 #19

Bookmarked... lamp_shade Sep 2013 #23

The chart leaves out a very important data point Bunnahabhain Sep 2013 #25

It leaves out several important data points WonderGrunion Sep 2013 #29

You're not seeing the importance of effective or not Bunnahabhain Sep 2013 #40

Kick and Rec for DU supply siders. Kingofalldems Sep 2013 #30

I never know what to say to this kind of "here are data!" posts. Igel Sep 2013 #31

In over half the data points, unemployment didn't increase 1 year later WonderGrunion Sep 2013 #33

If you are looking for an example of how destructive to the economy and indepat Sep 2013 #34

Yay! 50 Recs. WonderGrunion Sep 2013 #35

There's another one they use jmowreader Sep 2013 #36

Republicans hate working people. Republicans = cheap labor B Calm Sep 2013 #37

It's not just that they hate working people WonderGrunion Sep 2013 #38

Good work -- can you overlay the federal elections? BadgerKid Sep 2013 #39

Those are some of my favorite overlays Bunnahabhain Sep 2013 #41

Can there ever be an objective view? JoeTaxpayer Feb 2014 #42

What of your money is being used to subsidize Walmart employee's wages? uppityperson Feb 2014 #43

Walmart Subsidy JoeTaxpayer Feb 2014 #44

Thank you for clarifying, understood and I agree with that. Now, what about the military budget? uppityperson Feb 2014 #45