Dear Allen;
The following resources were used to create the figures given. Enjoy the reading!!!
Sabrina Wulff Pabilonia, Ph.D. "The Effects of Federal and State Minimum Wages Upon Teen Employment and Earnings." Bureau of Labor Statistics (2002).
Fuchs, Victor R., Alan B. Krueger and James M. Poterba "Economists' Views about Parameters, Values, and Policies: Survey Results in Labor and Public Economics." Journal of Economic Literature 36 (September 1998).
Neumark, David and William Wascher. "Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Comment." American Economic Review 90 (December 2000).
Timothy Roberts and Raksha Varma. "Hike in Minimum Wage Gets Lukewarm Response" Silicon Valley/San Jose Business Journal ( http://msnbc.msn.com/id/10771341/).
"Labor Market Information." Employment Development Department, State of California http://www.calmis.ca.gov/htmlfile/sublist.htm).
Ron Getty
SF Libertarian
Allen Rice <amrcheck@...> wrote:
Ron,
What is the source for this information?
Allen Rice
--- In lpsf-discuss@yahoogroups.com, Ron Getty <tradergroupe@y...>
wrote:
Dear Sarosh;
The loss of jobs has been quantified. For each 10 percent raise
in the minimum wage, on average 2.1 percent of the people affected
lose their job. For women the effect is even worse.
Should the changes go through about 1.4 million people will be
affected. The effect of the two 50 cent raises the governor proposes
(a 14.8 percent increase) will cause about forty-three thousand low
wage earners to lose their jobs and many more to have their hours
reduced.
And in the meantime, people who want to work will be told they
can't work for less - it's for their own good and to try to do so is
against the law.
Ron Getty
SF Libertarian
saroshk@a... wrote:
In a message dated 1/16/2006 9:20:12 A.M. Pacific
Standard Time, tradergroupe@y... writes:
Dear Everyone;
The Examiner published this LTE in response to the OP/ED I wrote
about cutting the minimum wage and cutting income taxes for low-wage
workers. It's the usual exploitation of the workers and those at the
top making all the profits and increase the taxes on businesses and
the wealthy.
Too bad he ignores the fact if there weren't any "obscene
profits" there would be no money to hire workers or keep them hired
and if the wealthy didn't have money to invest there would be no
businesses to tax.
Ron Getty
SF Libertarian
Another point that is rarely noted is that the rate of
homelessness increases after enactments of increase in minimum wage
laws.
A study of all minimum wage or living wage laws in the USA over
the last 10 years would show a resultant systematic increase in
unemployment and homelessness, as marginal workers lose their jobs.
The organizations that service the homeless are usually the same
ones that lobby and work for increases in minimum wage laws.
Coincidence?
Or is it simply using the coercive power of laws and government
to increase the demand and funding for this particular set of
services?
Its not much different than MUNI unions lobbying for lightrail
or transit lanes to replace auto lanes in SF on important routes
such as Market, Van Ness and Geary.
Sarosh D. Kumana
www.sfrent.net
Tel: 415-861-4554
Fax: 415-931-4004
Cell: 415-425-5184
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