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Tom Delay: People Are Unemployed Because They Want to Be

215
drcordell3/08/2010 10:18:12 am PST

re: #212 Aceofwhat?

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.

Correlation does not equal causality. I’d like to see a bit more analysis before I’d fully associate raising the minimum wage with a teenage unemployment rise. Surely the macro-economic conditions at the time have a large degree of relevance here. Who is going to hire a teenager when there is an unemployed, overqualified, 35-year-old competing for the same job?