Re: Help with a Minimum Wage Model

From: Lee Daniel Crocker (lee@piclab.com)
Date: Thu Apr 10 2003 - 18:59:25 MDT

  • Next message: Lee Corbin: "RE: Patriotism"

    >>>If he doesn't, I will. Life is much better and cheaper than it
    >>>was in 1970, by the only measure that matters: amount of labor
    >>>for goods comsumed.

    >>Indeed, it is better today than it has been at *any* time in the past
    >>throughout human history.

    > Uh huh. Pls explain why most Americans have no savings, why two
    > earner households are the norm and considered nearly required,
    > why a house costs me much more as a percentage of income, even
    > in areas not so expensive than when in my father's time although
    > I make 25 times more than he did. Standard of living is NOT
    > better now according to the studies I have seen.

    Considering that the two replies to you listed specific personal
    experiences and numbers out of census data, I think it's your turn
    to point specifically at something to indicate that your perception
    is anything other than political posturing.

    There will always be editorials and badly-done studies showing that
    things are bad, because that's a way to get political capital. But
    such mindless pessimism shouldn't be taken seriously without some
    very strong and relevant evidence.

    -- 
    Lee Daniel Crocker <lee@piclab.com> <http://www.piclab.com/lee/>
    "All inventions or works of authorship original to me, herein and past,
    are placed irrevocably in the public domain, and may be used or modified
    for any purpose, without permission, attribution, or notification."--LDC
    


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