It's almost as if when more people have more money they spend it on more things from more businesses, how strange.
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b-bu-but if we gave corporations and billionaires 500 billion tax cuts then they will trickle their wealth down to us to make us rich even when they don't have an incentive to create jobs or start a business .but it's money!!!!
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They wld have gotten away with it too if it wasnt for u meddling kids
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Would've been nice if the chart indicated when minimum wage was introduced, too. Was it right at the start of the period shown? I guess we'll never know (unless we click through to the article)! Why include a graph without enough info to make it meaningful?
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Yeah, they should have included that. It started April 1, 2015, so about here:pic.twitter.com/dHPK4muQJG
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Worth noting that employers (if they were going to cut back on hiring) would probably respond before the date the $15 minimum was enacted
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Either way, from proposal to enactment, there's no inflection I can see in that data.
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I am guessing that your point is raising the M wage had no effect on hiring as, according to this graph it was rising already?
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Yup. It seems to have provided all the positives that proponents predicted and none of the negatives opponents predicted.
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It's not that hard to understand why minimum wage wouldn't be a major factor in aggregate hiring. Maybe if you just looked at hiring by the types of businesses that hire a significant percentage of min wage workers you'd see some effect.
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The graph shows hiring in "good service and drinking place" employment
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It's almost as though paying people more money will lead to people spending more money which will in turn support more businesses which I kinda thought was one of the good things about capitalism.
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you mean giving the rich people all the money doesn’t work?
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What happened instead is that housing prices went absolutely through the roof and now, people making that $15/hour in Seattle, can’t even live CLOSE to the city they work on...shit, BREMERTON is pricing people out now for Christ’s sake...well done everyone!
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Housing prices have been high before any of this took place. Not because of it.
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Simple answer build more houses.
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