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The Sandbox - San Antonio The Sandbox is a collection of off-topic discussions. Humorous threads, Sports talk, and a wide variety of other topics can be found here. If it's NOT an adult-themed topic, then it belongs here

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Old 05-23-2011, 06:59 PM   #46
Rodram
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Here it is in a nutshell:

http://static4.businessinsider.com/i...90700/jobs.png

"As the Wall Street Journal noted in the last month of Bush’s term, the former president had the “worst track record for job creation since the government began keeping records.” And job creation under Bush was anemic long before the recession began. Bush’s supply-side economics “fostered the weakest jobs and income growth in more than six decades,” along with “sluggish business investment and weak gross domestic product growth,” the Center for American Progress’ Joshua Picker explained. “On every major measurement” of income and employment, “the country lost ground during Bush’s two terms,” the National Journal’s Ron Brownstein observed, parsing Census data."
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Old 05-24-2011, 05:23 PM   #47
doggie83
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It is interesting that your graph starts with Oct. 2007. It just so happens that the minimum wage increse started that year. In an article in the SA Express News on May 11, 2011 in the business section written by David Hendricks in which he documents that black, male youths were the ones hurt most, by both the wage boosts and the recession. He sources a new national report co-authored by a Trinity University econ prof named David Macpherson (conducted for Washington based Employment Policies Inst. and co-written by labor economist William Even of Miami Univ. in Ohio).
"In the 21 states (Texas is one) where the effect of the 40% jump in the federal minimum wage between 07 an 2010 could best be measured, more young African American males lost jobs due to the minimum wage increase, 18,463, than to the recession 13,228. Anglos and Hispanics suffered job losses from both causes, but they did so less from the wage boost than the recession....More broadly, young unskilled workers are caught in the globalization of labor. High skill job wages are rising, but unskilled labor costs less in other countries. That makes unemployment rates for low skilled workers go up....two of three workers who take minimum wage jobs obtain better paying jobs within a year because of the job experience they gain."
So it would appear that the legislation of a Democrat majority congress had as much or more of an affect on unemployement than did the "Bush economy" and the recession (and there is considerable debate on whose actions contributed most to the recession Bush or congress).
I too own my own business and employ about 10 people. I pay an exorbitant amount in property taxes (over 20k annually) to the city, in addition to federal and state taxes, fees etal. It is never ending. Beware: the unintended consequences of good intentions.
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Old 05-24-2011, 08:13 PM   #48
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doggie83, dude, Im not an amateur when it comes to politics and I've demonstrated that numerous times throughout this thread. Whenever someone says "Democrat majority" instead of the grammatically correct "Democratic majority", it automatically tells me what kind individual I'm dealing with. To those of you who aren't familiar with this, it is the way the Republican party always refers to Democrats, its kind of like the 3yr. old that says stuff wrong to irritate you.

Lets talk about the Rick Berman and his Employment Policy Institute(EPI) that is identified in your comment as who bankrolled this report.

Meet Rick Berman, A.K.A. `Dr. Evil` - CBSNews

http://www.cbsnews.com/stories/2009/...n2653020.shtml

Rick Berman created EPI in 1991 to "argue the importance of minimum wage jobs for the poor and uneducated."[3]
EPI has has been widely quoted in news stories regarding minimum wage issues, and although a few of those stories have correctly described it as a "think tank financed by business," most stories fail to provide any identification that would enable readers to identify the vested interests behind its pronouncements. Instead, it is usually described exactly the way it describes itself, as a "non-profit research organization dedicated to studying public policy issues surrounding employment growth" that "focuses on issues that affect entry-level employment." In reality, EPI's mission is to keep the minimum wage low so Berman's clients can continue to pay their workers as little as possible.
EPI also owns the internet domain names to MinimumWage.com and LivingWage.com, a website that attempts to portray the idea of a living wage for workers as some kind of insidious conspiracy. "Living wage activists want nothing less than a national livingwage," it warns (as though there is something wrong with paying employees enough that they can afford to eat and pay rent).

The Employment Policies Institute was launched in 1991, around the time of the economic recession that led to the electoral defeat of then-president George Bush. EPI deliberately attempted to create confusion in the eyes of journalists and the general public by adopting a name which closely resembles the Economic Policy Institute, a much older, progressive think tank with ties to organized labor. In addition to imitating the name and acronym of the Economic Policy Institute, Berman's outfit even used the same typeface for its logo. In reality, the two groups have dramatically different public policy agendas. The Economic Policy supports a living wage and mandated health benefits for workers. Berman's organization opposes both and in fact opposes any minimum wage whatsoever.
In 1992, Los Angeles Times business columnist Harry Bernstein noted that EPI was using "misleading studies" to help put a positive spin on rising unemployment. "The conservative EPI, financed mostly by low-wage companies such as hotels and restaurants, is issuing reports the titles of which alone could help put a bright face on the miserable job scene," Bernstein wrote. "The latest one is 'The Value of Part-Time Workers to the American Economy.' It hails as a great thing the distressing growth of part-time jobs because they offer 'flexibility' in economic planning for both workers and companies, and say that flexibility is vital 'in the growing and increasingly competitive global economy.' Tell that nonsense to the more than 6.5 million workers forced to take part-time jobs because nothing else is available. That is an increase of more than 1.5 million involuntary part-timers since 1990, the Bureau of Labor Statistics says." EPI has been doing more or less the same thing ever since, sponsoring cooked studies and issuing tendentious sound bytes whenever attempts are made to establish healthcare or better wages for workers.

Then, as now, fast-food employees were the largest group of low-paid workers in the United States. One-quarter of the workers in the restaurant industry are estimated to earn the minimum wage--a higher proportion than in any other U.S. industry. This is the real reason why EPI appears on the scene whenever federal or local governments consider a proposal to increase the minimum wage. Its standard tactic is to trot out a study using contrived statistics designed to show that hundreds of thousands of jobs will be lost if the wage is raised. (In reality, studies by labor economists show that the job-loss effect of increasing the minimum wage is either small or nonexistent and that its benefits to low-wage workers and their families far outweigh the costs. Even the Food Institute Report, an industry trade publication, admitted in 1995 that "the weight of the empirical evidence suggests that the effects [on the number of available jobs] of a moderate raise from its current level are likely to be negligible.")

Berman continued to fight against mandated insurance in 1992 and 1993, when president-elect Bill Clinton attempted to make health care reform one of his first legislative priorities. Berman created yet another front group, called the Partnership on Health Care and Employment, representing mostly large companies known for paying low wages and high worker turnover. It sponsored a study in 1992 claiming that compulsory insurance for business would wipe out nine million jobs. During the health reform debate in 1994, the Employment Policies Institute issued its own "study," claiming that the Clinton plan would wipe out 3.1 million jobs. The EPI study was cited in TV commercials sponsored by the Republican National Committee, which continued to air even after Berman admitted that his study had actually been produced before the Clinton administration even formulated the details of its health plan.

In 1995, EPI lashed out at Princeton University professors David Card and Alan Krueger, after they published a survey of fast-food restaurants which found no loss in the number of jobs in New Jersey after implementing an increase in the state's minimum wage. Berman accused Card and Krueger of using bad data, citing contrary figures that his own institute had collected from some of the same restaurants. But whereas Card and Krueger had surveyed 410 restaurants, Berman's outfit only collected data from 71 restaurants and has refused to make its data publicly available so that other researchers can assess whether it "cherry-picked" restaurants to create a sample that would support its predetermined conclusions.

In September 1999, Berman launched another group, the Employment Roundtable, to "build on the successes" of the EPI and to "find solutions for problems such as social security and health care." However, the Employment Roundtable has done nothing public of note.

doggie83, please don't bring spit wads to a tank battle.
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