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States That Raised Minimum Wage See No Slow-Down In Job Growth
An anonymous reader writes: The U.S. Department of Labor has released data that some proponents of raising minimum wage are touting as evidence that higher minimum wage promotes job growth. While the data doesn't actually establish cause and effect, it does "run counter to a Congressional Budget Office report in February that said raising the minimum wage to $10.10 an hour, as the White House supports, would cost 500,000 jobs." The data shows that the 13 states that raised their minimum wages in January added jobs at a faster rate than those that didn't. Other factors likely contributed to this outcome, but some economists are simply relieved that the higher wage factor didn't have a dramatically negative effect in general.
Maiming small children actually seems to be the business model that modern governments are in today, with all the wars, drones, bombings, wars on 'terrorism', etc. Free market capitalist system does not reward companies for maiming people, governments on the other hand force you to participate, if you do not like it, you can always opt out to go to jail for tax evasion.
Setting up minimum wage destroys opportunities for people with no skill sets, that's all it does, it doesn't provide anybody with "decent living" and it shouldn't. Decent living is provided by better jobs, but you have to find those better jobs in the first place and if you can never get a job to improve your skills, a low wage paying job, you are much less likely to find the next job that actually pays much more than a minimum wage does anyway.
You are getting the opposite effect, not a 'feel good' effect when you use government violence to impose your wrong-headed moral ideas.
You can't handle the truth.