Re: Effects of raising minimum wages in USA

Just Cocky <just@xxxxxxxxx> wrote:

On Wed, 21 Jun 2006 21:35:07 GMT, Michael Scheltgen <mjs818@xxxxxxxxxxxxx>
wrote: > >The Trucker wrote: >> "Draccarlaw" <zutalors212@xxxxxxxxx> wrote
in message > >> >> >>>I have to admit, that this Sen. Isakson seems to
have a point. The >>>unemployment rate (UR) in Europe is much more than
6%, and their >>>minimum wage is higher, although I'm not sure where it
stands. > > >Some citations regarding effects of minimum wage on
employment: >
http://robertvienneau.blogspot.com/2006/05/on-david-card-and-minimum-wage
s.html >

Robert Vienneau is a known sci.econ kook. I guess kooks like to cite kook
works.

Quoting from his page:

"Naturally, this work generated controversy. Neumark and Wascher (2000)
is probably the most well-known rexamination of the New Jersey case
(Card and Krueger 2000 is a response). As far as I know, their
meta-analysis has received no extended criticism. Given this work, I
don't see how one can conclude that politically-feasible increases in
the minimum wage will have large employment-decreasing effects."


Well then, lets just increase the damn thing to 100$/hr. or 1000 $/hr.
It won't have any effect, obviously! Viennau said so!

-- regards, Peter B. Perlsø - liberterran.org - antipartiet.dk "The
politicians don't just want your money. They want your soul. They want
you to be worn down by taxes until you are dependent and helpless." -
James Dale Davidson, National Taxpayers Union
.