The Minimum Wage Creates Unemployment

You said "I'm not citing empirical data for a specific reason despite the abundance of it on the topic. " Well that's convenient. So you want to dismiss my data outright and then tell me that you don't have to give me data? That's a double standard. To quote Christopher Hitchens "That which is presented without evidence, Can be dismissed without evidence. " I strongly suggest that you cough up your sources or everything you're saying is hypothetical. First you say "No one has stated that the minimum "destroys a business. "" and then you go on to say "Then the commerce generated by the employees will be lower than the cost to employ them, Resulting in losses. Hemorrhaging money as a long term strategy results in huge losses, Usually resulting in the loss of one's business. " So first you say that it doesn't make them lose their business, Then you say that it does. You say that the businesses "hemorrhage" but I showed in my previous link that the floor only denotes a loss in profits. Profit loss doesn't necessarily cause hemorrhaging "Non sequitur. I did not state "Unemployment goes up" which implicitly relates quantity; My proposition states that "unemployment is created" Unemployment can only go up if unemployment is created on top of it. If a change in minimum wage denies 100 people, Assuming that your speculative model is true, Then I have both "created unemployment" and "increased the unemployment" at the same time. Pleas explain to me in detail why these two things are different? Furthermore. If your model is true, Then it should easily be spotted on scatterplots. Show me sources that show the unemployment that is "created" " Making a "huge change" has nothing to do with it. " Categorically false. Extraordinary claims, Extraordinary evidence. I have shown that your proposition has many inherent risks and you must have evidence that can warrant taking such risks. "That is not conjecture. " Until you can show a correlation between Minimum Wage and Unemployment, It is conjecture. I await your sources. "Assuming of course a person would seek one job, Right? That is not proof. You may characterize a contract below the minimum as "weak" but how would you characterize a labor contract which can't be established at all due to government policy? " I provided hard math that showed that the current minimum wage sits near your wage floor. I also showed that going below minimum age would make them unable to support themselves. This means they would lose their homes and wouldn't be able to show up to work because their wage can't keep up with their bills. This means that the contracts below the cost of living necessarily cannot create jobs. "This increase in debt will be addressed with the increase in taxes" You say that employing disenfranchised groups will weigh on the taxpayers. Incorrect. Disenfranchised groups already lean on the government in most cases and gainful employment will allow the government to reduce their benefits. It cancels itself out and the employer gets a net gain. "No, The fact the minimum wage's creating unemployment by outlawing the employment of those whose marginal productivity fall below the minimum is self evident" I've already shown that the employment contracts opened up are not able to be taken due to the cost of living. This is not self evident and saying something is self evident is fallacious unless you're saying something like "the sky is blue" Calling a huge economic theory self evident is categorically false. "It simply analyzes the changes in the minimum wage and changes in unemployment rates, And puts them together side by side" You said this last time too. Once again, That's what it's meant to do. Look for correlation. No correlation as found. There is nothing dubious about data. Do you have a problem with them looking at two things and not finding patterns? Furthermore. I provided sources and you have verbally refused to provide sources. "I did not insult you. I estimated your capacity in this debate" and poorly so :) that's not an insult, I'm just estimating your capacity. "There's no consistent unemployment rate. " well if that's the case, How can you prove your claim? "It doesn't count those who don't meet that criterion. " Special pleading, That's just cherry picking stats. Here is an additional source at the bottom showing that the evidence continues to show no correlation between minimum age and unemployment. They state "Economists cite several reasons why increases in the minimum wage, Which raise employers" cost, Generally do not cost jobs. Increased pay adds money to workers" pocketbooks and allows them to buy more goods and services, Creating higher demand, Which in turn requires hiring more workers" So it seems that some economists thinks this is a win/win situation. Your Floor https://www. Businessforafairminimumwage. Org/news/00135/research-shows-minimum-wage-increases-do-not-cause-job-loss