Behold the Power of Blogmeister

20 04 2017

San Francisco

Me, May 26, 2015:

I happen to think the left’s real silent goal with higher urban-specific minimum wages is to drive NAMs out of cities, because NAMs tend to low wage jobs whose wages are less than the proposed or implemented urban minimum wages.

Me, July 23, 2015:

A better way of saying that is that if the urban minimum wage is higher than the wage equilibrium for fast feeders, then the fast feeders can’t operate in the urban area.  If the fast feeders aren’t there, the NAMs that work there and the NAMs that eat there suddenly don’t think the urban area is such a dope place to beez, fo’ real, mo shizzle.  So they leave the cities, using their Affirmatively Furthering Fair Housing Section 8 voucher, plant themselves in a suburban apartment complex close to their 365BellCurve salt licks.  They’re lovin’ it.

American Interest, yesterday:

Local minimum wage hikes cause restaurants to leave or shut down and deter new ones from entering, according to a new Harvard Business School study of the San Francisco Bay Area restaurant industry that contradicts the orthodox liberal view that steeply raising the cost of unskilled labor will not affect jobs or hiring.

More interesting, though, are the study’s findings about which restaurants are forced to leave by the higher wage floors. The authors compared rates of departure of restaurants across different Yelp ratings, and found that the policy hit low and mid-quality restaurants much harder than top-tier restaurants. “Our point estimates suggest that a $1 increase in the minimum wage leads to an approximate 14 percent increase in the likelihood of exit for the median 3.5-star restaurant but the impact falls to zero for five-star restaurants.”

Not quite total vindication, but close enough for government work.

The only difference is that AI author thinks that this is an accident and thinks that min-wage advocates would think it a bug, while I think it is deliberate and by design, that the policy architects both knew this and wanted this, and they think it a feature.

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5 responses

20 04 2017
Lewis33

I’d never thought of it that way, good stuff. OT Coal burners never learn. http://www.wkdzradio.com/Former-Trigg-County-Resident-Charged-with-Clarksvi/23061610

20 04 2017
stuartsullivaniii

So … Do I have this right… These are SWPLs using a WRPT to have their own pre-Shelly neighborhoods?

20 04 2017
countenance

Yes, but as long as the rhetoric and rationale is fully SJW.

21 04 2017
Truth-hammer

So, what you’re saying is that nogs like fast-food.

23 04 2017

It's your dime, spill it. And also...NO TROLLS ALLOWED~!

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