Comment

Tom Delay: People Are Unemployed Because They Want to Be

212
Aceofwhat?3/08/2010 10:15:21 am PST

re: #185 Obdicut

There is no economic consensus on the truth of that. Or much else, for that matter.

Gah. This is an excellent analogy to “AGW lacks consensus”. Card and Krueger published a now-discredited study around 1994, IIRC, which purports to show that there is no relationship. Not many other studies tried to disprove the relationship, mostly because it’s so easy to prove.

The minimum wage affects teenage workers the most, anyway. If you’re 40 and working for minimum wage (and expect to remain so for an extended time), then either the economy is waaay broken or you need to make some other changes in your life…


Here there be data.