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New here ya go
http://online.wsj.co...820278669840.html
Earlier this year, economist David Neumark of the University of California, Irvine, wrote on these pages that the 70-cent-an-hour increase in the minimum wage would cost some 300,000 jobs. Sure enough, the mandated increase to $7.25 took effect in July, and right on cue the August and September jobless numbers confirm the rapid disappearance of jobs for teenagers.
New Counterpoint.
Thanks. Here's a Counterpoint - http://thinkprogress.../15/fox-min-wage/

If you haven't guessed, the WSJ OpEd pages don't carry much weight with me. You might as well go back to citing WND. ;-)

Paul Krugman puts the wage issue in a broader context - http://krugman.blogs...raise-employment/

FWIW.

Cheers,
Scott.
New you respond to the leading economic paper in the US
with fox news? doesnt quite match up.
New The WSJ's Editorial Page is as right wing as WND.
http://www.salon.com...12/wsj/index.html

I can give FoxNews the benefit of the doubt when they put a full sentence in direct quotes. Sometimes.

YMMV.

HTH!

Cheers,
Scott.
New Correlation is not causality.
And that graph doesn't show much in the way of correlation...

Perry is now associated with AEI - hardly an unbiased outfit. His latest post is an attempt to prove to us, with 2 little graphs, that "government funding increases health care costs" - http://blog.american.com/?p=9051 :-/

The graph you cite doesn't prove anything, I'm sure you know. Employment and unemployment depends on much more than just a bottom-line federal wage rate.

Some say teenage unemployment has risen due to competition from illegal workers - http://www.csmonitor...3-usec.html?s=itm

Some say teenage unemployment has risen due to stay-at-home moms who are looking to supplement their income - http://online.wsj.co...997530518051.html (Note that WSJ article (as opposed to OpEd or Editorial) doesn't say anything about the minimum wage.)

Finally, I think you'll find AngryBear prepares much more persuasive graphs than Perry - http://angrybear.blo...unemployment.html

[...] But if you look at the long term record it is very hard to conclude that the teenage unemployment rate is a function of the minimum wage. Rather, the evidence very strongly implies that the teenage unemployment rate is driven by the business cycle.

[...]


Oh, and take a look at his last graph - http://2.bp.blogspot...h/Clipboard03.jpg

HTH. I think I'm done. :-)

Cheers,
Scott.
(Who thinks that Perry might want to go back to George Mason for some remedial classes...)
New Re: Correlation is not causality.
ROFL! c02 and global warming :-) but thats what you had in mind right?
New <head against brick wall> ;-)
New yeah look how many posts it took me :-)
gotcha!
New NJ
You may think this odd...but teens don't work for min wage in NJ, as they generally can get that much out of their parents. My daughter started at 50cents over min at Burger King.

IOW, studying NJ teenage employment does not translate to anywhere else.
I will choose a path that's clear. I will choose freewill.
New Evidence, please.
IOW, studying NJ teenage employment does not translate to anywhere else.


Paul Krugman would seem to disagree with you.

You obviously don't like Card and Krueger's 1995 result, but it apparently hasn't been shown wrong in the refereed economics literature. OpEds from the WSJ and FoxNews don't count. ;-)

You can have the last word. I don't have enough interest in this to keep battling with you and Box, especially since none of us have access to the original papers...

Cheers,
Scott.
New check the graph ^ makes my point
     How to fix the labor market. - (Another Scott) - (38)
         ROFL minimum wage - (boxley) - (37)
             Hmmm... - (Another Scott) - (16)
                 Re: Hmmm... - (boxley) - (15)
                     Got a linky? Thanks. -NT - (Another Scott) - (14)
                         Go to McWendy Kingchicken. - (beepster) - (1)
                             Not around here. YMMV. - (Another Scott)
                         here ya go - (boxley) - (11)
                             Counterpoint. - (Another Scott) - (10)
                                 you respond to the leading economic paper in the US - (boxley) - (1)
                                     The WSJ's Editorial Page is as right wing as WND. - (Another Scott)
                                 here, have a graph - (boxley) - (4)
                                     Correlation is not causality. - (Another Scott) - (3)
                                         Re: Correlation is not causality. - (boxley) - (2)
                                             <head against brick wall> ;-) -NT - (Another Scott) - (1)
                                                 yeah look how many posts it took me :-) - (boxley)
                                 NJ - (beepster) - (2)
                                     Evidence, please. - (Another Scott) - (1)
                                         check the graph ^ makes my point -NT - (boxley)
             That's a crock - (jake123) - (17)
                 Yup, you raise the minimum wage . . . - (Andrew Grygus) - (16)
                     The thing is, around here - (jake123) - (15)
                         Yup. - (Another Scott) - (14)
                             Shorter workweek is absolutely needed - (drook) - (11)
                                 Re: Shorter workweek is absolutely needed - (boxley) - (9)
                                     Companies hate it - (jay) - (8)
                                         Good points and a good idea. - (Another Scott) - (7)
                                             Don't qualify for benefits if you don't work 32 hours. -NT - (folkert) - (1)
                                                 Obviously that's the big change the Govt. would have to make - (drook)
                                             And this would change things how? - (beepster) - (3)
                                                 RCP? - (Another Scott) - (2)
                                                     and it worked so well in France - (beepster) - (1)
                                                         Hmmm. - (Another Scott)
                                             Re: Good points and a good idea. - (jay)
                                 maybe a better idea - (boxley)
                             Re: Yup. - (beepster) - (1)
                                 I remember it differently. - (Another Scott)
             Re: ROFL minimum wage - (lincoln) - (1)
                 Well.. - (beepster)

I choose vodka and Chaka Khan.
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