When will the left throw min wage in the bushes...

DrX

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it dont matter, itll create more jobs but ppl willl get paid like 4 bucks & hr........
 

DrX

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:usure:
I was just informed that there is no correlation between the two.
...some wino outside the car wash told me the world was coming to the end....whats ur point?
 

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10314499_728857970484675_4515924502358583470_n.jpg



When will the left throw min wage in the bushes, and focus on collective bargaining and stronger safety nets? :wow:

The numbers speak for themselves.
Switzerland shouldn't even conut man :stopitslime:
 

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:manny: Except your missing one key detail, rich white people and their cac attitudes. The Walton family owns $100 billion estimated with Wal-Mart, and that store is utter shyt. With a bigger population, if there is not a minimum wage hike, legit peeps will use Medicaid and be a burden on taxpayers. By giving people $15 p/hr, you take them of social programs and be able to lower the tax bracket because the need for socialize programs goes down. Not to mention we have the huge jail infrastructure and military to support tax wise. Straight up America has financial diabetes, and we need insulin to keep it running properly.
can we stop using Walmart for the example of ALL companies?

I mean i don't shop there and I don't like how they do business, but its kinda the low-hanging fruit of an example
 

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Breh breh breh. You title the thread "when will the left throw min wage in the bushes", then post a chart showing a correlation between min wage and unemployment without question or critique. How is that NOT an assertion that minimum wage has a negative effect on unemployment? If that's not what you meant by it what did you mean? :leostare:

In reality, there is ZERO correlation. I pulled MW and UE data from Wikipedia and Trading Economics..... here's what I found
edwLFLS.png

Now here's the part where you say "this is exactly what I wanted, I wanted someone to pull the data together for me" :skip:
this assumes the mechanism used to "peg" such a correlation would always be valid.

I'm not inherently against the minimum wage, but lets not jump over that as well.

Who is to say it must be a 1:1 correlation:
 

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So zero correlation between min wage and unemployment... got it.
Unemployment isn't even meant to be "zero"

and yes, theres never going to be a "best" answer only a BETTER one.

that being said, there should be a minimum wage, the question is where to put it.

HOWEVER, I don't see a minimum wage as a guarantee of a living wage, merely a protection against ultimate exploitation
 

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can we stop using Walmart for the example of ALL companies?

I mean i don't shop there and I don't like how they do business, but its kinda the low-hanging fruit of an example

:youngsabo:You think everyone can afford to shop at Whole Foods, or buy Organic? In this day, there are two stores for the poor; Walmart and the Dollar Store. :manny:
 

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this assumes the mechanism used to "peg" such a correlation would always be valid.

I'm not inherently against the minimum wage, but lets not jump over that as well.

Who is to say it must be a 1:1 correlation:

I just used the 1:1 correlation to show how a linear correlation should look. The points would cluster around a line. The X axis isnt even linear but I did it in a hurry. The point still stands. I am not for minimum wage hikes as they won't solve the underlying problems that make them an "issue".... but I hate goofy unsubstantiated shyt like @DEAD7 put in the OP as well.
 

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can we stop using Walmart for the example of ALL companies?

I mean i don't shop there and I don't like how they do business, but its kinda the low-hanging fruit of an example
Walmart is the largest US retailer and the model of many other big retailers of its kind (Target for example).

Who woyld you rather be used, that is more representative of big business?
 

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Walmart is the largest US retailer and the model of many other big retailers of its kind (Target for example).

Who woyld you rather be used, that is more representative of big business?

People just like to equate Walmart with ALL sorts of other unrelated businesses either in size or scale or industry. Its inherently disingenuous.
 

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this assumes the mechanism used to "peg" such a correlation would always be valid.

I'm not inherently against the minimum wage, but lets not jump over that as well.

Who is to say it must be a 1:1 correlation:
NC8fHfQ.png


I swear to god I was gonna let this niqqa live, and move on from this, but since you are gonna gut the chart I might as well go in too :lolbron:



The chart doesn't even make sense. That is not a correct application of a line graph, and the x and y axis need to be reversed.
The x is generally presumed to be the control (over time, or in this case as min wage goes up). Line graphs should only be used to show relationship between the data points, such as change over time.
If the points are independent of the adjacent points, then a scatter plot should be used.

something like:


j8VDlau.jpg


or




both of which show no strong correlation.:ehh:

I let it go because in order to find a correlation we would have to remove or isolate all the variables and I really am not committed enough to the idea. I was more interested in whether the left was open to the collective bargaining/safety net approach, and willing to toss the min wage.
 
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