Making more shit up, or weren't you paying attention in class? Quoting your own source, Robert Whaples of Wake Forest, a majority of economists either support the current minimum wage (14.3%), or want it increased (37.7%). Since you're an economist, I guess the math is a struggle for you. 37.7 + 14.3 = 52% A similar survey in 2006 by Robert Whaples polled PhD members of the American Economic Association. Whaples found that 37.7% of respondents supported an increase in the minimum wage, 14.3% wanted it kept at the current level, 1.3% wanted it decreased, and 46.8% wanted it completely eliminated. http://en.wikipedia.org/wiki/Minimum_wage
The irony of President BushDidIt saying this, and the guy claiming executive privilege for his AG in Fast and Furious, is absolutely stunning.
The same place it went over the last 40 years as the minimum wage continually failed to keep up with inflation. The pockets of the 1%. Dude, I really hope you have some other skill or ability because you are going nowhere as an economist.
Most either wanted it eliminated or maintained. Over 60%, nice try. A plurality of Economists, 47% want it eliminated completely and this is the largest constituency. You fucked up brah.
Most economists clearly don't want to raise minimum wage. And governments can't keep anyone from moving.
And since you brought up Spain as an example for us to follow... http://www.npr.org/templates/story/story.php?storyId=112014770 What Makes Spain's Health Care System The Best? by Jerome Socolovsky Spain's single-payer health care system is ranked seventh best in the world by the World Health Organization. The system offers universal coverage as a constitutionally-guaranteed right and no out-of-pocket expenses — aside from prescription drugs.
Speaking of moving... where will everyone making $2.50 an hour move to when we get rid of minimum wage? And don't say college dorms because I doubt they get in; remember these are high school dropouts. Maybe we feed the poor to the hungry? Solves that problem. Next!
Spain has a great healthcare system, if you have a job. Unfortunately Spain's unemployment rate of 20+% rapes your point.
Ultimately they will be forced to invade gated communities and dine on the fatty flesh of the idle rich.
So what I win anyway. Most Economists don't want to raise minimum wage, and you want $40 an hour. Psycho.
20% UNEMPLOYMENT?! But you just said we should run our economy like Spain's! Luckily, even the unemployed get great healthcare in Spain, while hardworking Americans die from the lack of it.
I didn't give Spain any compliment, I said Spain proved you wrong. Also it is not possible to get healthcare benefits, when companies refuse to hire you in the first place, genius. And the fact you want to run our nation like broke Euro-zone nations is disturbing.
His post doesn't make sense if it is meant for me, since rich people were the ones I was referring to. Bad reading comprehension on his part, oh and you think I like Spain for some reason. You're weird.