Sorry dead I couldn't hear you through all that irony and trolling.

http://www.urbandictionary.com/iphone/#define?term=troll

In case you were confused as to what a troll does.

Sounds exactly like what you do.

I post threads about topics that have interest to me; mainly current events. It is not trolling just because you do not like my threads.

From your source:

"A troll usually flames threads without staying on topic, unlike a "Flamer" who flames a thread because he/she disagrees with the content of the thread. "

So I can't be a troll because I started the thread... and you sound exactly like a flamer. :p

GG

Anyway; back on topic; sure I don't have high hopes for Alan Krueger; but the good news is at least it is someone new and something might change for the better. (maybe I'm dreaming?)

Found an article that talks about this study, an excerpt:

"The best data Card and Krueger could have obtained from these restaurants were hours worked. However, they did not obtain that data. Another set of economists, Dr. David Neumark and Dr. William Wascher, obtained the payroll data from the restaurants Card and Krueger surveyed. When Neumark and Wascher calculated the numbers, using the identical statistical methodology of Card and Krueger, they found the exact opposite of Card and Krueger. Card and Krueger found that restaurant employment in New Jersey rose, while restaurant employment in Pennsylvania fell. Neumark and Wascher found that employment in Pennsylvania rose more rapidly than employment in New Jersey. A Presidential Commission found in 1980 that teenage employment fell one to three percent for every ten percent hike in the minimum wage. The difference between Pennsylvania and New Jersey was exactly within that range. "

who cares? this shit is dumb and a waste of a thread. Obama is almost out anyways.

you know what happens after that? some other asshole will win, and regardless of his partisanship, he will fucking suck donkey balls and our country will go further into debt.

let me quite richard feynman

"if it disagrees with experiment, it is wrong"


ofc, I am not saying that these current economic models are all wrong, but they are supprisingly often incorrect in their predicitions. in defence of them one can argue until the cows comes home about controlling the factors.


my guess for bonuspoint is; if the people making the desicions are having wrong beliefs, or have bad information, then regulations correcting the price will work positivly. in this case, unskilled labour was undervalued, probably because people just payed whatever the minimum wage was. And in such situations, free marked can lead to explotation of the people that are forced to work (i.e monopoly), since most people are forced to work, then it is possible to underpay them, since they have little other choise.

The study of restaurant employment was flawed--they used ambiguous questions that could be interpreted different ways by the survey takers, and they didn't get important information like the number of hours worked. They just fudged data by making assumptions like a part time worker = 1/2 of a full time worker.

Employers at fast food restaurants can easily limit the hours of their workers, and this is what other economists found--when they examined the payroll data from the same restaurants using the same methodology, Pennsylvania employment grew faster than New Jersey.

"I post threads about topics that have interest to me; mainly current events. It is not trolling just because you do not like my threads."

sounds like you should invest in a diary. or maybe go to an actual political message board since all your "topics" are politically motivated. as opposed to kdice motivated... which is what this board is generally for (aside from the occasional drawball thread, but even that fosters the kdice community).

and no I have no problem with it being recognized that I am "forum flaming" you. I think it's necessary and you're getting out of hand.