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By blwall1416
Registration Days Posts
#298684
Extremely strong correlation with the rise in unemployment at the bottom and the increase in the minimum wage. :dontgetit

So..........a compelling case study that affirms what common sense would inherently suggest.

Increasing the minimum wage was meant to raise the living standards of millions of Americans holding unskilled, entry-level positions.

But it may have led to the elimination of 550,000 jobs — opening the possibility that such wage levels should be revised, a new study from Ball State University.

http://www.indystar.com/article/2010020 ... o-job-cuts
#298687
Did you not take Government 101 (or was it 102?) with Clausen? If you did, you would know that Walter Williams proved this long ago.
#298702
ALUmnus wrote:Did you not take Government 101 (or was it 102?) with Clausen? If you did, you would know that Walter Williams proved this long ago.
It was 101, interesting Klausen also held that minimum wage was barely a direct reason for inflation. I don't remember how he explained it, I took it over the summer just to get it out of the way and focus on more important things in the fall.
#298703
ALUmnus wrote:Did you not take Government 101 (or was it 102?) with Clausen? If you did, you would know that Walter Williams proved this long ago.
No. There's not a lot of need for Gov't. courses in the communications program. But, your statement is correct. I just find it funny that they needed a study to prove a common sense issue.
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