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News

Youth unemployment rate would rise if minimum wage is increased

3 Comments

From CNBC.

Excerpt:

A quarter of teenagers were jobless in March, representing a surprising increase from February, even as the unemployment rate for the rest of the population decreased.

This figure may only get worse if budget-strapped states raise the minimum wage, and it could also be a sign of greater structural damage underlying our economy, analysts said.

The unemployment rate for 16- to 19-year olds jumped back up to 24.5 percent in March, up from 23.9 percent the prior month, according to the latest jobs data from the Labor Department.

[…]“Even when comprehending that teen employment is volatile in nature, the data that exists serves up some shock and awe,” said Brian Sozzi, a retail research analyst with Wall Street Strategies, in a note Wednesday. “If these (wage) increases do go through, the prospect for teen employment will remain grim as employers search for workers with advanced skills to fill positions.”

Twelve states, including Illinois and Pennsylvania, are considering a hike in the minimum wage. While this has been the subject of a long-running debate, many economists and analysts say raising this pay bar may cause more teen layoffs, even as it helps teens who manage to stay employed make more.

“Minimum wage increases over the past few years has definitely made it worse,” said Peter Boockvar, chief equities strategist at Miller Tabak. “In fact, there should be zero minimum wage for teenagers, or at most, something much less than the current rate.”

Teens typically are the first to be fired and the last to be hired back in a normal economic cycle, so this rate can be considered a kind of leading indicator of employment.

The majority of young people foolishly favor Democrats – the same Democrats whose policies create a 25% unemployment rate for youth. Irony!

You can find out more about how raising the minimum wage increases unemployment from this comprehensive, 50-year, government study.

Excerpt:

Summary of Research on the Minimum Wage

* The minimum wage reduces employment.

Currie and Fallick (1993), Gallasch (1975), Gardner (1981), Peterson (1957), Peterson and Stewart (1969).

* The minimum wage reduces employment more among teenagers than adults.

Adie (1973); Brown, Gilroy and Kohen (1981a, 1981b); Fleisher (1981); Hammermesh (1982); Meyer and Wise (1981, 1983a); Minimum Wage Study Commission (1981); Neumark and Wascher (1992); Ragan (1977); Vandenbrink (1987); Welch (1974, 1978); Welch and Cunningham (1978).

* The minimum wage reduces employment most among black teenage males.

Al-Salam, Quester, and Welch (1981), Iden (1980), Mincer (1976), Moore (1971), Ragan (1977), Williams (1977a, 1977b).

* The minimum wage helped South African whites at the expense of blacks.

Bauer (1959).

* The minimum wage hurts blacks generally.

Behrman, Sickles and Taubman (1983); Linneman (1982).

* The minimum wage hurts the unskilled.

Krumm (1981).

* The minimum wage hurts low wage workers.

Brozen (1962), Cox and Oaxaca (1986), Gordon (1981).

* The minimum wage hurts low wage workers particularly during cyclical downturns.

Kosters and Welch (1972), Welch (1974).

* The minimum wage reduces average earnings of young workers.Meyer and Wise (1983b).

* The minimum wage reduces employment in low-wage industries, such as retailing.Cotterman (1981), Douty (1960), Fleisher (1981), Hammermesh (1981), Peterson (1981).

* The minimum wage causes employers to cut back on training.Hashimoto (1981, 1982), Leighton and Mincer (1981), Ragan (1981).

* The minimum wage encourages employers to install labor-saving devices.Trapani and Moroney (1981).

* The minimum wage increases the number of people on welfare.Brandon (1995), Leffler (1978).

* The minimum wage hurts the poor generally.

Stigler (1946).

* The minimum wage does little to reduce poverty.

Bonilla (1992), Brown (1988), Johnson and Browning (1983), Kohen and Gilroy (1981), Parsons (1980), Smith and Vavrichek (1987).

* The minimum wage helps unions.Linneman (1982), Cox and Oaxaca (1982).

* The minimum wage increases teenage crime rates.Hashimoto (1987), Phillips (1981).

* The minimum wage encourages employers to hire illegal aliens.

Beranek (1982).

* Few workers are permanently stuck at the minimum wage.

Brozen (1969), Smith and Vavrichek (1992).

* The minimum wage has reduced employment in foreign countries.Canada: Forrest (1982); Chile: Corbo (1981); Costa Rica: Gregory (1981); France: Rosa (1981).

This is why it is important for voters to understand economics. When you raise the price of labor, fewer employers will purchase labor. Supply and demand.

News

California Democrats mandate gay history in public schools

5 Comments

From Yahoo News. (H/T Reason to Stand)

Excerpt:

Gays, lesbians, bisexuals and transgender people would be added to the lengthy list of social and ethnic groups that public schools must include in social studies lessons under a landmark bill passed Thursday by the California Senate.

If the bill is adopted by the state Assembly and signed by Gov. Jerry Brown, California would become the first state to require the teaching of gay history.

Supporters say the move is needed to counter anti-gay stereotypes and beliefs that make children in those groups vulnerable to bullying and suicide.

Opponents counter that such instruction would further burden an already crowded curriculum and expose students to a subject that some parents find objectionable.

The legislation, sponsored by Democratic Sen. Mark Leno of San Francisco, passed on a 23-14 party line vote. It also would add disabled people to the curriculum.

The bill gives school districts flexibility in deciding what to include in the lessons and at what grades students would receive them.

But starting in the 2013-14 school year, it would prohibit districts and the California Board of Education from using textbooks or other instructional materials that reflect adversely on gay, bisexual and transgender Americans.

There are policies that we could pass that would promote school choice and homeschooling, like voucher programs. The public sector unions oppose school choice laws, because they do not want parents to have a choice of what their children will learn. Vote smart – don’t vote for Democrats.

Polemics

Is the argument for intelligent design based on ignorance?

1 Comment

From Uncommon Descent. (IC = irreducible complexity, FSCI = functional specific complex information)

Excerpt:

First, ID is not, as its opponents suggest, a purely negative argument that material forces are insufficient to account for IC and FSCI.  At its root ID is an abductive conclusion (i.e., inference to best explanation) concerning the data.  This conclusion may be stated in summary as follows:

1.  Living things display IC and FSCI.

2.  Material forces have never been shown to produce IC and FSCI.

3.  Intelligent agents routinely produce IC and FSCI.

4.  Therefore, based on the evidence that we have in front of us, the best explanation for the presence of IC and FSCI in living things is that they are the result of acts of an intelligent agent.

The second reason the “argument from ignorance” objection fails is that the naysayers’ assertion that ID depends on an “absence of evidence” is simply false.  In fact, ID rests on evidence of absence.  In his Introduction to Logic Irving Marmer Copi writes of evidence of absence as follows:

In some circumstances it can be safely assumed that if a certain event had occurred, evidence of it could be discovered by qualified investigators. In such circumstances it is perfectly reasonable to take the absence of proof of its occurrence as positive proof of its non-occurrence.

How does this apply to the Neo-Darwinian claim that undirected material forces can produce IC and FSCI?  Charles Darwin published Origin of Species in 1859.  In the 152 years since that time literally tens of thousands of highly qualified investigators have worked feverishly attempting to demonstrate that undirected material forces can produce IC and FSCI.  They have failed utterly.

Has there been a reasonable investigation by qualified investigators?  By any fair measure there has been.  Has that 152 year-long investigation shown how undirected material forces can account for IC or FSCI?  It has not.

Therefore, simple logic dictates that “it is perfectly reasonable to take the absence of proof” that undirected material forces can account for IC and FSCI as “positive proof of its non-occurrence.”

The argument from intelligent design is based on what we know. The hope that biological information has a naturalistic cause is based on what we don’t know. As science progresses, the evidence for intelligent causes in biology becomes more clear.

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