when they themselves limit their data. If they just look at fast food like http://irle.berkeley.edu/seattles-minimum-wage-experience-2015-16/ … then no effect. 15/
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Replying to @nickchk
And with this very good data they find big negative effects on the local labor market. Again, caveats: possible that these jobs 16/
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Replying to @nickchk
just left the city rather than disappearing. But still, it's a huge effect. And should give a push for $15, especially nationally, pause.17/
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Replying to @nickchk
This is not to say the problem isn't fixable, declining wages is a huge issue, as is income inequality. But maybe don't decide first 18/
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Replying to @nickchk
on what the policy has to be and stick to it. The minimum wage may not be the best way to reach that goal. And reminder: the problem 19/
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Replying to @nickchk
isn't just that it raises prices or hurts employers. It literally hurts the people it's trying to help! That's not good policy! At all! 20/
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Replying to @nickchk
Remember, these two ideas are nearly incompatible: "corporations are greedy" and "min wage has no negative employment effects" 21/
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Replying to @nickchk
The minimum wage is probably a good thing overall. We shouldn't get rid of it. But finding the right level that doesn't reduce unemp. 22/
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curious what you mean here--"good thing overall" compared to alternative of nothing, or compared to some best alternative?
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Replying to @eigenrobot
Compared to alternative of nothing, or list of what I think are politically realistic (i.e. not best either) alternatives
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yeah seems right too bad I thought you might have a neat secret insight into a nice upside to MW :)
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