Fun With The Minimum Wage

The folks at MinimumWage.com do not support increasing the minimum wage. Their full-page ad in the NY Times today is a bit of a classic as economist brawls go. Some flavor from their website:

About Those 600 Economists Who Support a $10.10 Minimum Wage

Posted on February 27, 2014 by The MinimumWage.com Team

Last week, the nonpartisan Congressional Budget Office (CBO) released a report estimating that 500,000 jobs would be destroyed if the minimum wage was raised to $10.10. Suddenly on defense, the White House turned to a list of 600 economists who support an increase in the minimum wage and disagree that it would harm the labor market.

This list of 600 minimum wage-supporting economists (602 to be exact) was organized by the labor union-backed Economic Policy Institute (EcPI), and has been referenced widely by supporters of the policy, including President Obama, Sen. Tom Harkin (D-IA) and The New York Times editorial board. But how credible is the list?

...

A number of the signers — whether or not they have experience in labor-related topics — have research interests that are considerably outside the economic mainstream. Specifically, at least 40 of the signers are specialists in or have done considerable work in the economics of Marxism or Socialism, or are affiliated with the “radical” study of economics. Predictably, some of these signers have made extreme statements, labeling the United States “the world’s number one rogue,” lauding Hugo Chavez as a “great leader,” or praising the “particular model of socialism pioneered by the Soviet Union.” One of the signers is even a well-known advocate for “9-11 Truth.”

I should note that Team MinimumWage is affiliated with that other EPI, the Employment Policies Institute, an entity which, hmm, does not have argument-ending credibility on the left. To be fair (and balanced) let's say it does not have as much lefty cred as, for example, Media Matters.

Still, Marxist quotes are Marxist quotes and 9/11 Truthers are 9/11 Truthers.

Comments

[Jeff Dobbs]

Do you think it a coincidence that $10.10 and 9/11 both involve numbers that when added equal 20??!!?!??!!!?

[Ignatz]

The only bill I'm interested in is one which costs 500,000 jobs in Washington DC.

[narciso]

yes, it's very Troy McClure, like the ones they wrangled to support the stimulus,

anyways crunchy irony;

http://patterico.com/2014/02/27/glenn-greenwald-on-internet-deception-by-the-british-government/

[narciso]

this is what it's really about, but you know context only goes one way;

://minx.cc/?post=347490

[narciso]

of course shr's a former?? bankster in good standing;

http://minx.cc/?post=347490

[ribbit]

Don't run away. Coulter's petite, anorexic missive has been addressed.

Free market means FREEEE money not just to those single-mom WIC and food stamp outrages.

http://pando.com/2014/02/26/fortune-500-companies-receive-63-billion-in-subsidies/

"Along with propping up firms that are supposedly free-market icons, the subsidies are also flowing to financial firms that have become synonymous with never-ending bailouts and a perverse kind of corporate socialism. Indeed, firms like UBS, Goldman Sachs, Bank of America and Citigroup – each of which were given massive taxpayer subsidies during the financial crisis — all are the recipients of tens of millions of dollars in additional subsidies tracked by Good Jobs First."

[ribbit]

How much does it cost to refuse a living wage to earners?

answer; 956 Billyun dollahs. Oh, you fiscal geniuses.

http://www.discoverthenetworks.org/viewSubCategory.asp?id=1676

[NK(withnewsoftware)]

and so it begins in Warren 'Bane' Wilhelm's NYC, gangstas blasting away at cops on the streets of Brooklyn: http://abclocal.go.com/wabc/story?section=news/local/new_york&id=9446420

[centralcal]

I saw a report at Weekly Standard that AG Holder has been taken to the hospital with chest pains, this morning.

[narciso]

the wurlitzer sometimes misses a note;

http://nypost.com/2014/02/27/how-the-associated-press-burned-muslims/

[Jim Eagle]

Today's important history lesson:

On this day in 1776, the newly established Continental Navy was at sea on its first operation, an expedition to the Bahamas to capture some badly needed munitions. The flagship of the little fleet flew a new ensign presented by Christopher Gadsden of South Carolina: a yellow banner emblazoned with a coiled rattlesnake and the legend “Don’t Tread on Me.”

The rattlesnake was a favorite emblem during the Revolutionary War. In December 1775, Benjamin Franklin published an essay in the Pennsylvania Journal under the pseudonym “An American Guesser” in which he ruminated on the symbol.

“I observed on one of the drums belonging to the marines now raising, there was painted a Rattle-Snake, with this modest motto under it, ‘Don’t tread on me,’ ” Franklin wrote. He noted that the rattlesnake’s “eye excelled in brightness that of any other animal, and that she has no eye-lids. She may therefore be esteemed an emblem of vigilance. She never begins an attack, nor, when once engaged, ever surrenders. She is therefore an emblem of magnanimity and true courage.”

Today the rattlesnake image remains popular with many military units. U.S. Navy ships currently fly a Navy Jack with a rattlesnake and the Don’t Tread on Me slogan as a symbol of vigilance during the war on terrorism.

[Jane]

Centralcal,

I am trying very hard to be sympathetic, but I'm a mean bitch about the people destroying this country.

[centralcal]

Jane, I am right there with you!

[Marlene]

Jack,if you ever go to DC and meet the wonderful Janet,she will give you a gift bag full of Gadsden goodies.

[Janet - the districts lie fallow, while the Capitol gorges itself]

http://weaselzippers.us/176994-obama-to-spend-200-million-on-my-brothers-keeper-plan-for-young-men-of-color/

Ya know...this newest program idea that is named after a liar that murdered his brother...
maybe the "young men of color" are just a bunch of knuckleheads that need to be told what to do by the government. Why bother with programs & studies? Obama has a pen & a phone...he should just dictate to all the "young men of color" what they have to do.

[Janet - the districts lie fallow, while the Capitol gorges itself]

Yeah, Marlene...that's part of my Tea-vangelism ministry!

[Account Deleted]

"I saw a report at Weekly Standard that AG Holder has been taken to the hospital with chest pains, this morning."

Paging Dr. Emengele, Dr. Emengele to ER, if you have the time or whenever you feel like it.

[narciso]

well, I think it's quite on point:

http://twitchy.com/2014/02/27/classic-gasbag-david-corn-says-conservatives-dont-understand-reserach-gets-creamed/

[Ignatz]

If Barry's reverse Midas touch holds true, he'll have more "young men of color" on choom, in jail and out of a job and school faster than you can say Jackie Robinson.

[NK(withnewsoftware)]

Personally, I want Dr. Zeke Emengele to be the attending physician STAT, so he can pronounce Holder 'not worthy' and pull the plug.

[narciso]

Cooke has a droll sense of humor;

http://twitchy.com/2014/02/27/how-deceitful-media-hysteria-distorted-debate-of-arizona-bill-with-cries-of-anti-gay/

[NK(withnewsoftware)]

"....on choom, in jail and out of a job and school ..."

you say this like it's a bad thing. For many of these young men, it's a lifestyle choice.

[Neo]

Attorney General Eric H. Holder Jr. was taken to MedStar Washington Hospital Center on Thursday morning after experiencing faintness and shortness of breath.

Justice Department spokesman Brian Fallon said Holder, 63, had complained of the symptoms during his regular morning meeting with senior staff.

... let's all say a prayer ... but keep our intentions between ourselves and God

[Bori]

Narciso,

Looking at the graphs in the Mother Jones article it seems to me that the hotter it gets the curves bends lower, so we should make it hotter and problem solved.

[Captain Hate]

Good thing for Stedman he has an exemption from 404Care. Too bad that privilege isn't extended to everybody.

[narciso]

Not surprising they would read the charts wrong, they did much reserach on the point.

[Bori]

Maybe that is why I am reading wrong, as I did not do my reserach on it.

[Jane]

Paging Dr. Emengele, Dr. Emengele to ER, if you have the time or whenever you feel like it.

I think we should set up a death panel. We have Elian Gonzales, Marc Rich, the IRS scandal, ignoring the constitution, outrageous spending, targeted prosecutions on one side.

On the other side... I'm open to suggestion...

[Marlene]

We live in the boonies,so we have satellite TV,I don't know anything about the proposed Time-Warner/Comcast merger,good bad or indifferent. But,the 1st District Congresswoman Pingree,posted a message on the website of the social action group CREDO asking people to sign her petition against the merger. Pingree was the president of Common Cause before being elected to congress. She has always had an interest in media and believes the merger will create a monopoly,giving consumers fewer choices. She is married to Donald Sussman,the majority share owner of Maine Today Media,which includes the Portland,Augusta and Waterville papers. Did someone say monopoly?

[Marlene]

Jane,New Black Panthers.

[[email protected]]

hope Holder's Obamacare policy is paid up.

>>>this is what it's really about, but you know context only goes one way<<<

where does Meg Whitman go to get her apology? revolting that dems get away with that all the time and everyday.

[NK(withnewsoftware)]

On the other side... I'm open to suggestion...

Ah.... hmmm.... GUILLOTINE!!!

[[email protected]]

Janet-

yeah more midnight basketball and other hugs for thugs ideas that haven't worked before. just more looting.

[Stephanie VIP shhhhh its fight club]

For those of you who get to jonesing for girl scout thin mint cookies, Walgreen's private label thin mint cookies are a great substitute and are available year round. 2/5.00.

[Jane]

Marlene,

That's right. Now we need a list of all the good things he has done.

...
...
...crickets

[[email protected]]

I'm seeing dscc ads for hiking the min wage...thought it was tabled.

[narciso]

Don't forget the witchhunt against CIA interrogators, some of whom got the info
that led to Bin Laden,

[Frau Steingehirn]

I despise those pukey letters published with hundreds of signatures. Numbers replace facts. Core Curriculum?

Does the signature count as a publication for the eejits?
Pfui!

[Jeff Dobbs]

Jane:
Now we need a list of all the good things he has done.

That's easy!

Holder is well-known to put the seat down on the toilet #GoodThingsHolderHasDone

Clarification: Holder puts the seat down *before* he pees #GoodThingsHolderHasDone

Holder holds doors open for women #GoodThingsHolderHasDone

Clarification: Holder likes to leer at women's backsides and holding a door is a way to do so #GoodThingsHolderHasDone

Holder contributes to the poor #GoodThingsHolderHasDone

Clarification: Holder helps Obama's policies contribute to the growing number of poor people #GoodThingsHolderHasDone

Ok, it's harder than I thought.

[Bori]

Don't know if this was posted earlier, but I just finished it. It dovetails with my thoughts on the whole mess.

http://goo.gl/YpLO9K

[narciso]

Seems like a featherpasser;

http://people.umass.edu/dmkotz/CV.pdf

[narciso]

I did earlier, Bori.

[Danube on iPad]

I thought I saw that Reid said he wouldn't bring it up in the senate.

[Danube on iPad]

Kaiser: 56% of uninsured disapprove of Obamacare.

[Old Lurker]

The dogs just do not like the dogfood, DoT.

[Jim Eagle]

marlene,

I have a Gadsden flag that I fly with all my service flags and the campaign flags at our Veteran's muster.

A lot of people don't know that our Navy is older than our Country. Its even older than the Declaration of Independence.

[lyle]

Glad to see the noticeable lack of squabbling among all you JOMers today. When you argue amongst yourselves it makes lyle sad and he drinks more.

[Old Lurker]

It makes OL think of Thanksgiving dinners when he was speaking with his sister and then he drinks more too, Lyle.

[Jim Eagle]

I feel sorry for people who need an excuse to drink:)

[[email protected]]

Bradley A. Smith / Wall Street Journal:
Bradley A. Smith: Connecting the Dots in the IRS Scandal

provides a decent timeline of actions.

[Old Lurker]

JiB, your neighbor's house is in a very nice location. Probably has a world class view.

[narciso]

Well this fellow that I linked in the other thread:

http://online.wsj.com/news/articles/SB10001424052702304709904579407493793031028?mod=trending_now_1

O'Rouke described a similar fellow, who headedan anti terror militia in the Phillipines as 'Compact like an Attack Squirrel' but he may be the honey badger,

[Danube on iPad]

Daily Mail:

"Senate Majority Leader Harry Reid shocked Washington by withdrawing support for President Barack Obama´s minimum wage proposal on Tuesday, showing that Democrats are getting cold feet following a devastating report that predicted massive job losses if the wage floor were to rise. But while the Democratic leader has withdraw the measure from the Senate calendar, leading liberals in the House of Representatives are preparing an attempt to force a minimum wage vote over the objections of House Speaker John Boehner and conservative Republicans."

[[email protected]]

>>>When you argue amongst yourselves it makes lyle sad and he drinks more.

Posted by: lyle<<<

I have a four aspirin hangover this afternoon. That makes me sad.

[Captain Hate]

Tammy Bruce is screaming about how the Arizona bill was mischaracterized and defeated by miscasting faith as bigotry.

[Bori]

This is why we love our civil servants.

Weissberg, 41, was hired on Jan. 24, 2005, and resigned March 23, 2013. In his complaint, Weissberg states he was “required to work approximately 30 minutes off-the-clock ... for activities he performed at the City of South Miami Police Department prior to Roll Call.”

According to Weissberg, these activities included putting on and taking off his uniform, maintaining his weapon, maintaining his police car, and cleaning/maintaining his work uniform.

The complaint states that Weissberg worked 5-10 overtime hours per week for which he was not paid. Weissberg seeks back pay of overtime wages for all overtime hours worked, plus an equal amount as penalty and all attorneys’ fees and costs. Weissberg said he never went before the commission with his concerns.

http://goo.gl/6Ti1Co

[[email protected]]

thanks DoT. figure it is just fundraising bait for the dscc-they can now hit up both the business community and unions. As far as policy goes, think it is near universally believed that raising the min wage is bad public policy and that it causes unemployment.

so of course dems would be for it.

[Account Deleted]

"thought it was tabled"

Rich,

It's tabled pending public acceptance of the fact we're sliding deeper into recession recovery. How will the Lackwitz Sisters be able to pay for the Unaffordable Care they have come to understand is beyond their reach unless the minimum wage is increased? How can people be expected to pay the exorbitant utility bills necessary to provide SkyDragon defense unless the minimum wage is increased? How can anyone afford to pay $3.50 a gallon for gas due to restrictions on drilling and failure to permit Keystone to be built (another SkyDragon defense move) unless the minimum wage is increased? How can illegals be drawn across the open borders to become Progressive Democrat voting pawns without raising the minimum wage?

Most importantly, how can the chimera of Keynesian "success" be maintained when the citizenry obstinately refuses to embrace idiotic moves by the Fed, without resorting to yet another pathetic effort to ignite inflation by raising the minimum wage?

Face it, we're never gonna get to Rainbow Utopia without making gestures of ever increasing futile stupidity.

[narciso]

this is his twitter page;

https://twitter.com/Gral_Vivas_P

[Frau Steingehirn]

Is the preezy's secret printing press in the WH basement or in the family residence area? BHO's stash is limitless.

The federal government spent more on broken state-run exchanges than it did on its own troubled system. Of the 14 states, plus the District of Columbia, that established their own health insurance coverage under Obamacare, seven remain dysfunctional, disabled, or severely underperforming. Development of those exchanges was funded heavily by the federal government through a series of grants that totaled more than $1.2 billion—almost double the $677 million cost of development for the federal exchange.

(Reason-Obamacare's failed state exchanges)

[Captain Hate]

The ewok should resist wading in the comments; he's somewhere between Jarles Chohnson and Outhouse as far as being a sanctimonious scold and a prick.

[[email protected]]

Frau-

a near decade of papers have cataloged the failures of big government it. why anyone thought that it would be different this time is a mystery.

[narciso]

Tammy does have that gift of succinctness doesb't she,

[Jim Eagle]

I think I will. I love ice cream, especially Frederick's.

[[email protected]]

Rick-

>>>Face it, we're never gonna get to Rainbow Utopia without making gestures of ever increasing futile stupidity.<<<

nicely stated.

[narciso]

the problem is they used 'girders of pure selenium' that has a way of interfering with
the handshake process, among other things, oh and that backend thing, they left out,

[windansea hates typepad]

Next time you feel like you're having a bad day take a look at this photo taken in Damascus

http://www.powerlineblog.com/admin/ed-assets/2014/02/article-2568251-1BD8B0BF00000578-968_964x723.jpg

anyone see Obama's red line anywhere?

[lyle]

why anyone thought that it would be different this time is a mystery

It's no mystery to them, rich. They're smarter than anyone who has ever been handed the reins of the gubmint. Just ask them.

[Frau Steingehirn]

Insty sez "Happy Birthday" to the Tea Party.

(Never)MoveOn = Good!
Tea Party = Really Bad!
It's all in the press coverage, isn't it?

[lyle]

That's one of the saddest photos I've ever seen

[[email protected]]

thinking that the next big disaster will be multiple exchanges get hacked right before the March deadline. think that the big UMd breach was a test of it.

[NK(withnewsoftware)]

Lyle/OL - as the bickerer in chief the other day, I feel great shame :( .....

[NK(withnewsoftware)]

The Damascus photo: that's what Muslims do to one another when they have religious/political disagreements. The 5+Billion other people in the world should never forget that image.

It's worse than when the Arabs drove the Turks out.

[Old Lurker]

You were on a roll, NK, that's true.

Drinks on you when I am next in NYC.

[centralcal]

The comment thread(s) have been wonderful to read so far today - a real pleasure.

I hope it remains that way for the rest of the day.

[NK(withnewsoftware)]

Gladly.....

[[email protected]]

let me get an argument started...

[matt]

Repeat after me. "The Democrats will tell the most bald faced lies and get away with it in a supine media."

If you like your doctor, you can keep your doctor"

Their targets are the converted and the perverted and the diverted.

[narciso]

When the US finally redeployed out of Beirut, in '84, Hexbollah and Fatah went to fighting in the camps, that is what the fight in Syria looks like in part,

[Threadkiller]

http://weaselzippers.us/176937-trey-gowdy-i-get-tougher-questions-at-a-bojangles-drive-thru-than-nbc-asked-of-susan-rice/

HA!

[matt]

I pray for Holder to get well so that he can stand trial.

[Jeff Dobbs]

lyle:
That's one of the saddest photos I've ever seen

Something made lyle sad?????

TCFAB!

[Captain Hate]

I doubt if Monkey Boy could handle working at Bojangles.

[Old Lurker]

BTW, our old JOM ChiTown friend, Mel, and his lovely wife were in attendance last Sunday at YL's son's Baptism. He confirms he reads what we post and he does miss mixing it up with us.

It is a credit to this place that groups of families can become good friends simply through our dialog here.

That transcends even the bickering that surfaces from time to time.

But the drinks will still be on you, NK.

[lyle]

Hey now, hit...

[Jeff Dobbs]

I meant you needed a beer, because being sad makes you drink more.

[jimmyk]

Tammy Bruce is screaming about how the Arizona bill was mischaracterized and defeated by miscasting faith as bigotry.

That was the gist of the letter I linked yesterday. But the whole nature of the law was miscast by the opposition, big surprise. Where are all the 'fact checkers'?

[lyle]

I got it.

[Account Deleted]

Rich,

I can't discount the possibility the exchange fiasco was intentionally planned to mask a failure which was anticipated from the moment of passage. I don't believe the scope of the failure was anticipated but the exchange failure was intended to provide an excuse and opportunity to obfuscate a lesser degree of failure.

IOW - a true ACME production.

[[email protected]]

that is great to hear OL.

waving to Mel. hope all is well.

[narciso]

he sometimes doesn't seem the sharpest knifr in the drawer,

http://nypost.com/2014/02/27/republicans-for-cuomo-sell-out-cheap/

[centralcal]

matt: your wish could come true (someday).

Mark Knoller ‏@markknoller 2m

From @PaulaReidCBS at DOJ: Atty Gen Holder released from hospital. He is said to be at home, resting.

[NK(withnewsoftware)]

Congrats OL!! that's a fabulous event.

[Jim Eagle]

Anyone going to CPAC this year? Does anyone you know of who live blogs it?

[[email protected]]

Rick-

I don't know. Would like to get an accounting of the money just for the exchanges though. Good grief the contractors could have had some contract employees pulling 150K and they delivered that kind of product. Also some gigo too, the administration was writing the requirements on the fly and changing them with the wind so it isn't surprising that coders couldn't hit the moving target.

[Sydney T]

wow. Who is Sydney T?

[Sydney T]

I couldn't post so I tried to post via facebook and it says I am now Sydney T. Nice to meet everyone (who I've known for years)

[Old Lurker]

True, NK, but I must confess each time I attend one I think how much I liked how Michael Corleone settled his scores during that famous Godfather Baptism scene.

[Bori]

Rick,

I am sort of with Rich on this. I do think when they announced the delay on Employer Mandate they knew for sure that the problems were insurmountable.

[Jim Eagle]

Another cop acting stupidly

70 year old Vietnam Vet, shot in stomach during routine traffic stop, as he was reaching for his cane.