Wednesday, July 9, 2014

On the Black Male Teen Unemployment Rate Being Close to 50% (It's Actually 92% in Chicago)

And increasing the minimum wage by a whopping 38% is going to help these unskilled and desperate for a first job individuals HOW exactly?....................................................................................P.S. And get a load of this article by Robert Murphy (yeah, he's the fellow who Paul Krugman is too chicken to debate). It totally demolishes this whole notion by illiterates such as Bernstein and Krugman who still unbelievably maintain that the minimum wage doesn't harm young, unskilled workers - http://consultingbyrpm.com/blog/2013/02/i-get-empirical-on-minimum-wage.html

1 comment:

dmarks said...

Decreasing it will likely increase their employment.