Repubs Filibuster Minimum Wage Hike

[bobabode]

Originally Posted by piece-itpete

"Effects of the $10.10 Option on Employment and Income

Once fully implemented in the second half of 2016, the $10.10 option would reduce total employment by about 500,000 workers, or 0.3 percent, CBO projects (see the table below). As with any such estimates, however, the actual losses could be smaller or larger; in CBO’s assessment, there is about a two-thirds chance that the effect would be in the range between a very slight reduction in employment and a reduction in employment of 1.0 million workers. "

http://www.cbo.gov/publication/44995

Pete

So, you didn't read past the first sentence. Got it. Pbbbbbbt.

[piece-itpete]

That they're uncertain? That'll help.

If anyone has a better source feel free to post it.

Pete

[bobabode]

Originally Posted by piece-itpete

That they're uncertain? That'll help.

If anyone has a better source feel free to post it.

Pete

Sorry Pete but it's up to you to prove it. You made the assertion, so back it up.

[bobabode]

What's next? Should we abolish the minimum wage altogether?

[BlueStreak]

Originally Posted by piece-itpete

"Effects of the $10.10 Option on Employment and Income

Once fully implemented in the second half of 2016, the $10.10 option would reduce total employment by about 500,000 workers, or 0.3 percent, CBO projects (see the table below). As with any such estimates, however, the actual losses could be smaller or larger; in CBO’s assessment, there is about a two-thirds chance that the effect would be in the range between a very slight reduction in employment and a reduction in employment of 1.0 million workers. "

http://www.cbo.gov/publication/44995

Pete

Still not a fact, only a guess. And, at that the words "...very slight..." should tell you something. It tells me any negative effect would be insignificant and quickly recovered from. Can't hold the rest of society back because a relative handful might find themselves temporarily unemployed. That kind of thinking gets us nowhere.

Forge ahead.

Dave

[piece-itpete]

There's a lot of reaching going on.

Sorry folks but Moyers doesn't seem to have researched it very well, so you're stuck with the craptacular bureaucratic CBO

But hey, the economy is doing well so now is the time.

Pete

[bobabode]

Originally Posted by piece-itpete

There's a lot of reaching going on.

Sorry folks but Moyers doesn't seem to have researched it very well, so you're stuck with the craptacular bureaucratic CBO

But hey, Wall street is doing well so now is the time.

Pete

Fixed that for ya.

[bobabode]

I re-read every post and failed to find any mention of Bill Moyer. Are you lost?

[piece-itpete]

I was trying to think of a 'credible' source, as the CBO is obviously too far off the deep end.

Pete

[bobabode]

Originally Posted by piece-itpete

I was trying to think of a 'credible' source, as the CBO is obviously too far off the deep end.

Pete

Naw, you were shouting squirrel. Nice try and thanks for wasting my time.