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To: ReleaseTheHounds
In 1993, Krueger and David Card published a study that examined employment statistics of fast-food restaurants in New Jersey and Pennsylvania following the Garden State’s minimum wage hike. The authors reported that employment at fast-food chains in New Jersey increased by 13 percent compared to restaurants across the Delaware River in Pennsylvania.

This defies common sense. Labor costs rise, so in an effort to maintain fiscally viable - you increase your labor pool by 13%? And this man has a PhD in Economics, yet has no clue how to run a business?

Living proof that those who can't, 'teach'.

10 posted on 08/30/2011 8:17:09 AM PDT by Hodar ( Who needs laws; when this FEELS so right?)
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To: All

did someone say “subhuman”?


16 posted on 08/30/2011 8:38:09 AM PDT by Maverick68
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To: Hodar

So true. I don’t care what his alphabet soup degree is in, if he has not actually signed checks and run a successful business, he’s just another idiot from academia.


20 posted on 08/30/2011 10:11:36 AM PDT by Amerikan_Samurai
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