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view the rest of the comments
Any time you want to provide evidence for your claim, go ahead.
And one of them literally talked about a CBO study.
Here is that study.
https://www.cbo.gov/system/files/2021-02/56975-Minimum-Wage.pdf
Your "evidence" is more than sufficient.
So over 0.9 million people would come out of poverty... But the what sounds like a nebulous "lesser" amount would go into worse poverty especially if you take the last item into account which they don't in the second point. Since they don't define how many... we're stuck at a gamble here. That's not an answer. You're basically asking to sacrifice a half million (or maybe even more! since they don't care to define it) to save .9 million.
Then they go on to say...
So prices for EVERYONE will go up for everything. Acknowledged. Which actually means people who are close... will suffer as well.
Net negative for everyone here as well... Especially those already in debt.
Yeah... reading through this briefly... it's validating everything I had already thought... You might "save" some people.... but at the cost of so much more. It's also proving the point that you can't be trust with what you say... you're effectively saying "if it saves one person" without realizing the cost of doing so to society overall, including those you purport to "save".
But at the very end...
So save .9 million... but lose 1.4 million workers? This math doesn't add up. I'll have to read more into this report to get a better understanding of what they mean.
Also
So the number is naturally going down over time on it's own?... So basically do nothing has dropped the number .4 million over 2 years... Nearly 50% of the number that you believe can be "saved" by raising minimum wage. That sounds like statisticians nightmare where the whole report gets thrown out because it's statistically irrelevant.
Shit just read some more... All of page 8 is a problem.
If you think this is a positive answer to anything... I can't help you. We already have problems with this in some sectors (IT specifically as that's what I have the most experience with). It's hard to get into positions as they all want stupid high qualifications. Now that's going to get worse? Sign me up as hard against this legislation outright. You've actually convinced me to be against this more than I already was.
Edit: Also another case... people who are borderline and get benefits would likely lose their benefits... So their overall income may not increase much at all... you paper brings that up.. which I usually forget about.
Do you want to elaborate why you're downvoting me for reading the report given to me? Did I get something wrong? Care to actually contribute than just drive by downvoting?
@Labrad0r@lemmy.world @daltotron@lemmy.world