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[volfanhill]

Federal judge rules eviction moratorium is unconstitutional - CNNPolitics

 

[Y9 Vol]

Funny how so much of what our elected leaders try to ram through seems to be coming up as just dead WRONG!

 

[RikidyBones]

But go on with your bad self
$15 Minimum Wage Would Cut Employment, Reduce Poverty, CBO Study Finds

Lmfao. Tyler, you posted this with ABSOLUTE certainty that it helped make the case for $15 min. Lord have mercy.

 

[evillawyer]

Lmfao. Tyler, you posted this with ABSOLUTE certainty that it helped make the case for $15 min. Lord have mercy.

Cbo says minimum wage would reduce poverty. Post I was responding to said it would increase poverty. I'll go with the cbo's conclusion.

 

[NorthDallas40]

Cbo says minimum wage would reduce poverty. Post I was responding to said it would increase poverty. I'll go with the cbo's conclusion.

Well you’re go with part of it while conveniently ignoring the rest anyway sister

 

[utvolpj]

Cbo says minimum wage would reduce poverty. Post I was responding to said it would increase poverty. I'll go with the cbo's conclusion.

Is that really what it says?

While many Americans would see raises, the analysis showed a minimum-wage increase would cause prices to rise, the federal budget deficit to widen and overall economic output to slightly decrease over the next decade.

 

[RikidyBones]

Cbo says minimum wage would reduce poverty. Post I was responding to said it would increase poverty. I'll go with the cbo's conclusion.

Lmao AND YOU DOUBLED DOWN

Lord Jesus, ITS A FIRE!

 

[evillawyer]

Is that really what it says?

$15 minimum wage would reduce poverty but cut jobs, CBO says - Marketplace

"The study is from the nonpartisan, Congressional Budget Office. The CBO study says a $15 an hour minimum wage would boost the earnings of 17 million workers and pull 900,000 people out of poverty."

 

[UT_VOLS13]

$15 minimum wage would reduce poverty but cut jobs, CBO says - Marketplace

"The study is from the nonpartisan, Congressional Budget Office. The CBO study says a $15 an hour minimum wage would boost the earnings of 17 million workers and pull 900,000 people out of poverty."

The CBO report also says almost 1.5 million people would lose their jobs because of the $15 an hour minimum wage.

 

[utvolpj]

$15 minimum wage would reduce poverty but cut jobs, CBO says - Marketplace

"The study is from the nonpartisan, Congressional Budget Office. The CBO study says a $15 an hour minimum wage would boost the earnings of 17 million workers and pull 900,000 people out of poverty."

And cost 1.4mil jobs, raise prices, increase the deficit and shrink output.

It's not really presenting this is a net positive outside the headline

 

[ButchPlz]

The CBO report also says almost 1.5 million people would lose their jobs because of the $15 an hour minimum wage.

Convenient for our resident brainiac to ignore this one.

 

[evillawyer]

And cost 1.4mil jobs, raise prices, increase debt and shrink output.

It's not really presenting this is a net positive outside the headline

Some obtuseness up in here this morning. This is the post I was responding to:

Raising the minimum wage raises no one out of poverty. It just raises the bar on what constitutes poverty.

The CBO report directly contradicts this claim.

 

[RikidyBones]

Some obtuseness up in here this morning. This is the post I was responding to:



The CBO report directly contradicts this claim.

Actually it doesnt. Read an economic book and come back to us.

 

[Y9 Vol]

Some obtuseness up in here this morning. This is the post I was responding to:



The CBO report directly contradicts this claim.

And you STILL do not get 79's point.

 

[utvolpj]

Some obtuseness up in here this morning. This is the post I was responding to:



The CBO report directly contradicts this claim.

Does it really? It admitted that costs increase and that means the poverty line must be raised (which the article didn't address). It also is 1.4mil more out of work. If this 900k is based on today's numbers then the evaluation is bunk

 

[evillawyer]

Does it really? It admitted that costs increase and that means the poverty line must be raised (which the article didn't address). It also is 1.4mil more out of work. If this 900k is based on today's numbers then the evaluation is bunk

You can take issue with the validity or methodology of the CBO study. I certainly don't have the expertise (nor does anyone else on this board) to challenge their methodology or conclusions. The facts are (1) they are non-partisan, and (2) they concluded that raising the minimum wage to $15/hr would have the net effect of lifting 900,000 people out of poverty. This contradicts the post I was responding to, which is all that I claimed.

 

[NorthDallas40]

Some obtuseness up in here this morning. This is the post I was responding to:

It sure is sister go find a mirror

 

[Y9 Vol]

You can take issue with the validity or methodology of the CBO study. I certainly don't have the expertise (nor does anyone else on this board) to challenge their methodology or conclusions. The facts are (1) they are non-partisan, and (2) they concluded that raising the minimum wage to $15/hr would have the net effect of lifting 900,000 people out of poverty. This contradicts the post I was responding to, which is all that I claimed.

 

[utvolpj]

You can take issue with the validity or methodology of the CBO study. I certainly don't have the expertise (nor does anyone else on this board) to challenge their methodology or conclusions. The facts are (1) they are non-partisan, and (2) they concluded that raising the minimum wage to $15/hr would have the net effect of lifting 900,000 people out of poverty. This contradicts the post I was responding to, which is all that I claimed.

Where does it say the 900k is net? Which poverty line?

This doesn't take an advanced degree to figure out

 

[Sandman 423]

$15 minimum wage would reduce poverty but cut jobs, CBO says - Marketplace

"The study is from the nonpartisan, Congressional Budget Office. The CBO study says a $15 an hour minimum wage would boost the earnings of 17 million workers and pull 900,000 people out of poverty."

I wonder how many people it will move closer to poverty? Seems like it would just increase the size of the bottom earners since prices will go up.

 

[utvolpj]

I wonder how many people it will move closer to poverty? Seems like it would just increase the size of the bottom earners since prices will go up.

Worker goes from $9 to $15.

Cost of basket of goods doubles.

Net effect?

El: No one really knows since they're not an economist

 

[hog88]

Federal judge rules eviction moratorium is unconstitutional - CNNPolitics

It's a start.

 

[hog88]

Cbo says minimum wage would reduce poverty. Post I was responding to said it would increase poverty. I'll go with the cbo's conclusion.

Their track record in predictions is almost as accurate as LGs.

In March 2010, just before the Affordable Care Act (ACA) was enacted, CBO and the staff of the Joint Committee on Taxation (JCT) estimated that changes in direct spending and revenues under the legislation would reduce federal budget deficits by $124 billion over the 2010–2019 period and by roughly one-half of 1 percent of gross domestic product (GDP) over the ensuing decade (see the cost estimate for H.R. 4872, Reconciliation Act of 2010 [Final Health Care Legislation], March 20, 2010).

Estimating the Budgetary Effects of the Affordable Care Act

 

[hog88]

$15 minimum wage would reduce poverty but cut jobs, CBO says - Marketplace

"The study is from the nonpartisan, Congressional Budget Office. The CBO study says a $15 an hour minimum wage would boost the earnings of 17 million workers and pull 900,000 people out of poverty."

What does a boost in earnings mean when cost of living goes up accordingly?

 

[ButchPlz]

You can take issue with the validity or methodology of the CBO study. I certainly don't have the expertise (nor does anyone else on this board) to challenge their methodology or conclusions. The facts are (1) they are non-partisan, and (2) they concluded that raising the minimum wage to $15/hr would have the net effect of lifting 900,000 people out of poverty. This contradicts the post I was responding to, which is all that I claimed.

It's as if you think nobody here does anything related to economics and economic development for a job.

We're not all fake lawyers posing on a message board.