The Arizona Republic today engages in yet another useless debate between two of its opinion writers, Linda Valdez and the Rush Limbaugh of The Republic, Doug MacEachern, over the minimum wage. Compassion: Raising minimum wage or leaving it alone?
Rush, er, I mean Doug, spews the usual bullshit from right-wing apologists for the plutocracy, which is contradicted by numerous economic studies and decades of Dept. of Labor statistics: “A minimum-wage hike induces employers to hire fewer workers, reduce training budgets and, if the increase is big enough, abandon hiring unskilled workers completely.”
Why does this man still have a job? He degrades the value of The Republic. A simple Google search would have turned up the latest research from the Center for Economic and Policy Research. Think Progress reports, States That Raised Their Minimum Wages Are Experiencing Faster Job Growth:
Think a higher minimum wage is a job killer? Think again: The states that raised their minimum wages on January 1 have seen higher employment growth since then than the states that kept theirs at the same rate.
The minimum wage went up in 13 states — Arizona, Connecticut, Colorado, Florida, Missouri, Montana, New Jersey, New York, Ohio, Oregon, Rhode Island, Vermont, and Washington — either thanks to automatic increases in line with inflation or new legislation, as Ben Wolcott reports in his analysis at the Center for Economic and Policy Research. The average change in employment for those states over the first five months of the year as compared with the last five of 2013 is .99 percent, while the average for all remaining states is .68 percent.
Digging deeper, all but one of those states are experiencing increases in employment, and nine of them have seen growth above the median rate.
Wolcott’s analysis builds on a previous one from Goldman Sachs, which did the same evaluation for just January and compares it to December of last year. It found that the states that had minimum wage increases experienced faster job growth than those without a raise.
This doesn’t mean that increasing the minimum wage necessarily creates more jobs. “While this kind of simple exercise can’t establish causality, it does provide evidence against theoretical negative employment effects of minimum-wage increases,” Wolcott writes. Indeed, it adds to the evidence that higher minimum wages may not hurt job growth as much as some have warned. Washington has the highest minimum wage and saw the biggest increase in small business jobs last year. Its job growth has also remained steady and above average in the 15 years since it raised its wage. When economists studied state-level minimum wage increases over two decades they didn’t find any conclusive evidence that the raises impacted job creation.
That’s all good news for the ten states that have increased their minimum wages this year. Massachusetts went the furthest, raising its wage to $11 by 2017, but three — Hawaii, Maryland, and Connecticut — passed the $10.10 minimum wage being pushed at the federal level by Democrats and Vermont increased its wage to $10.50. And some cities have gone even further, with Seattle enacting a $15 minimum wage.
Republicans have blocked a bill by Democrats in Congress that would increase the minimum wage to $10.10 an hour. How many times do I have to post about these economic studies and Dept. of Labor statistics refuting right-wing talking points about the minimum before people finally stop listening to these damn fools?