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Minimum Wage Thread


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#1021 LFC

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Posted 08 January 2020 - 04:12 PM

Increasing the minimum wage would reduce suicides.

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Suicide rates are rising in the United States, and a new study points to a very simple solution, albeit one that faces a big obstacle. The study finds a strong link between minimum wage rates and suicides among people without a college education, who are most likely to be in low-wage jobs. The findings are part of a pattern of research showing poverty reduction saves lives, a message that doesn't seem to be having a lot of effect on public policy.

America's federal minimum wage hasn't changed since 2009, meaning it is falling in real terms as inflation eats away at it. However, more than half of America's states have higher minimum wages, and some of these have been raised frequently. This provides social scientists with a wealth of data to be draw on to see the effects when one state raises its minimum wage, while a neighbor keeps things the same.

Dr John Kaufman of Emory University has taken full advantage, examining the relationship between 478 states plus Washington DC wage rises between 1990 and 2015, and suicide rates the following year.

In the Journal of Epidemiology and Community Health Kaufman finds each extra dollar per hour was associated with a 3.5-6 percent reduction in suicides among people aged 18-64 with high school or less education.

As a percentage that may seem small, but a $2 national increase in 2009 would have been expected to save almost 26,000 lives between 2009 and 2015, Kaufman calculates.

Kaufman and co-authors acknowledge observational studies like this cannot prove a causal relationship, but the correlation is powerful.

"Our findings are consistent with the notion that policies designed to improve the livelihoods of individuals with less education, who are more likely to work at lower wages and at higher risk for adverse mental health outcomes, can reduce the suicide risk in this group," they write.

Although states with higher minimum wages had fewer suicides at all times, the contribution was greater at times when unemployment was high. Economic theory suggests this is because wages rise anyway when unemployment falls, although that hasn't happened recently.

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#1022 AnBr

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Posted 25 January 2020 - 11:24 AM

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Greed is not good. Being rapacious doesn't make you a capitalist, it makes you a sociopath.

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The Demon-Haunted World: Science as a Candle in the Dark
1995


“As democracy is perfected, the office of president represents, more and more closely, the inner soul of the people. On some great and glorious day the plain folks of the land will reach their heart's desire at last and the White House will be adorned by a downright moron.”

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On Politics: A Carnival of Buncombe


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#1023 AnBr

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Posted 31 January 2020 - 10:25 PM

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“Trump’s a stupid man’s idea of a smart person, a poor man’s idea of a rich person & a weak man’s idea of a strong man.”

— Fran Lebowitz


“One of the saddest lessons of history is this: If we've been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It's simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back.”

— Carl Sagan


Pray for Trump: Psalm 109:8

"Science is more than a body of knowledge; it is a way of thinking. I have a foreboding of an America in my children's or grandchildren's time - when the United States is a service and information economy; when nearly all the key manufacturing industries have slipped away to other countries; when awesome technological powers arc in the hands of a very few, and no one representing the public interest can even grasp the issues; when the people have lost the ability to set their own agendas or knowledgeably question those in authority; when, clutching our crystals and nervously consulting our horoscopes, our critical faculties in decline, unable to distinguish between what feels good and what's true, we slide, almost without noticing, back into superstition and darkness.

— Carl Sagan
The Demon-Haunted World: Science as a Candle in the Dark
1995


“As democracy is perfected, the office of president represents, more and more closely, the inner soul of the people. On some great and glorious day the plain folks of the land will reach their heart's desire at last and the White House will be adorned by a downright moron.”

— H.L. Mencken
On Politics: A Carnival of Buncombe


“The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.”

— Franklin Delano Roosevelt
Second inaugural address January, 1937

#1024 AnBr

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Posted 24 February 2020 - 09:54 PM

Posted Image
“Trump’s a stupid man’s idea of a smart person, a poor man’s idea of a rich person & a weak man’s idea of a strong man.”

— Fran Lebowitz


“One of the saddest lessons of history is this: If we've been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It's simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back.”

— Carl Sagan


Pray for Trump: Psalm 109:8

"Science is more than a body of knowledge; it is a way of thinking. I have a foreboding of an America in my children's or grandchildren's time - when the United States is a service and information economy; when nearly all the key manufacturing industries have slipped away to other countries; when awesome technological powers arc in the hands of a very few, and no one representing the public interest can even grasp the issues; when the people have lost the ability to set their own agendas or knowledgeably question those in authority; when, clutching our crystals and nervously consulting our horoscopes, our critical faculties in decline, unable to distinguish between what feels good and what's true, we slide, almost without noticing, back into superstition and darkness.

— Carl Sagan
The Demon-Haunted World: Science as a Candle in the Dark
1995


“As democracy is perfected, the office of president represents, more and more closely, the inner soul of the people. On some great and glorious day the plain folks of the land will reach their heart's desire at last and the White House will be adorned by a downright moron.”

— H.L. Mencken
On Politics: A Carnival of Buncombe


“The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.”

— Franklin Delano Roosevelt
Second inaugural address January, 1937





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