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View Diary: The CBO Whiffs on the Minimum Wage (12 comments)

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  •  They say they did (0+ / 0-)

    But the big problem was buying into the Econ 101 job loss concept in the first place.

    Arin Dube has tweeted that CBO misread the evidence, so I feel pretty confident CBO got it wrong.

    •  As soon as I saw it it failed the sniff test. (1+ / 0-)
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      Kenneth Thomas

      Never, in the history of histories on this or any other planet has increasing the purchasing power of the lower or middle class (and as a result increasing demand for goods and services) resulted in an overall job loss. And I've checked those other planets as well, so you know I'm right.

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