At the end of the second paragraph of the Summary comes this analytical and policy gem,
Rather than an academic study that seeks to measure causal effects using techniques such as regression analysis, this report assesses opponents’ claims about raising the minimum wage on their own terms by examining simple indicators and job trends.So they do not even try to sort out the actual effects, and causation, of having a minimum wage, they just look for a correlation, or lack of a correlation, and this will do.
And yes, stopping reading after the second paragraph is therefore optimal.
6 comments:
I was going to comment there is not more butchered debate than over the minimum wage; however, I then remembered the related debate growing around a UBI.
... That's no more ....
That NELP report does actually get gloriously worse. They count the total number in employment over the years. But do not adjust for the growing population.
Thus their argument is that an economy of 340 million people has more jobs in it than one of 160 million people. See! Minimum wage rises don't cost jobs!
what's worse is that I've already had people pointing to that report as proof that the min wage doesn't cost jobs....
Tim. This doesn't surprise me. What does surprise me is that NELP would run with this standard of crap. I'm sure they can get people to do better analysis than this, so why run with a report this bad?
"so why run with a report this bad?"
It might be necessary to mention that dread word: "politics"
Politics, a dirty word if ever there was one.
Post a Comment