(May 17, 2014 at 10:40 pm)Ryantology (╯°◊°)╯︵ ══╬ Wrote: Very true, but why they are experiencing growth is kind of beside the point. The primary argument against the minimum wage is that it kills jobs. Whatever the reason for the growth, there is growth going on, and the highest minimum wages in the country are obviously not stopping these areas that also have the highest job growth in the country. It's not an isolated phenomenon, either; the top places on both lists have many above-average minimum wages. According to the anti-MW narrative, these are the places which should be seeing the worst job losses, yet of those top 20 states, 11 have a minimum wage higher than the federal minimum.
This is what minimum wage advocates have been saying the whole long time there's been a minimum wage, and eight decades of a consistently-rising minimum wage should show so much evidence of job destruction that it should have ruined the economy long before I was born. If you were right, you should not need to still be making doomsday predictions 80 years after the minimum wage was instated.
It's time to admit that it works, already, and get with the program.
16 years ago Washington state raised its minimum wage and then indexed it to inflation. The jobs that were killed....were killed 16 years ago. Now you have 14 years of job growth....if there were no minimum wage that growth would have been higher. The problem with your thinking is you only look at that which is easily seen...the people who benefit from the minimum wage. When people get laid off or not hired in the first place....that happens after the minimum wage was implemented/raised.
When minimum wage was implemented Black and Whites had the same unemployment rate. But as time went on black unemployment rate plummeted as Blacks were no longer able to under bid their white counter parts as they had been doing. After emancipation Blacks were digging themselves out of poverty....it took legislation like minimum wage laws to keep them in the ghetto and insure they stayed there.
Minimum wage does help some....but it hurts others. You ignore the people it hurts. Further...it hurts people who need the most help.
A universal basic income also helps some and hurts others. The difference is the universal basic income hurts people who can afford the hurt.