Monday, July 07, 2014

Funny how all that works

On the one hand Conservatives told us that if the minimum wage gets raised it hurts job growth.
As CEPR noted in March and April posts, economists at Goldman Sachs conducted a simple evaluation of the impact of these state minimum-wage increases. GS compared the employment change between December and January in the 13 states where the minimum wage increased with the changes in the remainder of the states. The GS analysis found that the states where the minimum wage went up had faster employment growth than the states where the minimum wage remained at its 2013 level.
Continuing the timeless level of inaccuracy the right-wing has had in America, from how awesome Iraq would be to how Americans will always hate soccer, a really really high rate of being wrong. But hey, when it works it works, even though it plainly does not actually work.
The Great Recession and Not-So-Great Recovery have been bad news for most Americans, but some people have suffered more than others. We call those people "Southerners." North Carolina and a handful of other Southern U.S. states saw the biggest increases in the number of people living in what are known as "poverty areas" between 2000 and 2010, according to a new Census Bureau report.
The GOP also knows this as "their base", their gullible, gullible base. [cross-posted at Firedoglake]


StonyPillow said...

LBJ said,

“I’ll tell you what’s at the bottom of it,” he said. “If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.”

Anonymous said...

That would be the Right-to-$lave $TATE$, Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, BOTH Carolinas, Tennessee, Texas and Virginia!
NeoConfederacy, Y'ALL?

Anonymous said...

Unemployment is currently 2.5% in my region of socialist-overregulated-hellhole-for-business California.

pansypoo said...

butbutbut raygun + ayn rand MUST BE RITE!

faith base economics + facts. AND LIBRALS WERE RIGHT AGAIN.