Steve H wrote:stuff
Let me take this section by section...

The study that you cited notes that the minimum wage was increased in 2004. This was in the during the economic bubble caused by the whole "mortgage secured security" fiasco. As you'll recall, employment was close to an all time high then and wages had out stripped the minimal wage. So, raising it to reflect economic reality would not have had a negative effected on employment. The negative effects only occur when the minimum wage is set above the market clearing level.
You seem to have missed the key points in that quote.
In the seven years following their raising the minimum wage, including during the Great Recession, jobs growth was positive.
They didnt just take a snap shot of 2004 nor were they reporting on only 2004. Im not trying to be insulting, but if you are going to debate economic policy with me in an intelligent manner at least pay attention (reading comprehension) to what Im writing or the sources Im quoting. Otherwise just go ahead and tell me you have your fingers in your ears to block it all out, and I wont bother.
You are correct that negative effects only take place when wages exceed market demands. Given that wages have fallen over the course of 30+ years, and every single municipality raising their minimum wage has still seen job growth, it should be fairly obvious even to you we are no where near that point then are we?
You can start here and here. Or closer to home for this forum, look here.
Using "Google That For You" isnt citing a source, nor do any of the links actually support your assertion that rising minimum wage has had a negative impact on the middle class.
In fact the first link you provide says in relation to why the middle class is disappearing from San Francisco....
“San Francisco’s income mix may be changing for many reasons. We cannot isolate factors that have led to net decline in low and moderate income households,” notes the report, which only posits some possible causes — job opportunities, cost of living and housing prices.
Your next link about the vanishing American Middle Class, actually supports my first post...that this is due to a decline in wages over the past 30 years. So it doesnt actually support you at all.
Laughably your third link about why chefs are leaving San Franciisco ALSO supports my point. The very first article listed says chefs are leaving the city due to....
Meaning again business owners arent paying high enough wages to keep up with the cost of living and annual inflation.Salaries fall short
http://www.sfgate.com/food/article/Econ ... php#page-1
So typical. Your basic assumption is that anyone who disagrees with you is uninformed.
In this instance? Yes, because you have neither the educational nor professional background in this topic. In addition to which EVERY single case study and economic policy study on this issue done by objective sources supports the position that wages over the past thirty years have fallen, as a consequence buying power around the country has declined, and as a consequence short sighted corporate leadership have further slashed American wages thinking that the buying power of populations in emerging markets will cover the loss of sales in the American markets...which hasnt happened.
These are measurable FACTS. Which differ from opinions, which to many people, attempting to debate policy without a background in it, all to commonly confuse.
1. Median household wages over the past 40 years in America is a measurable fact.
2. Annual inflation and cost of living increases is a measurable fact.
3. The decline of unions and our three highest employment sectors in the US (manufacturing, construction, mining/logging) is a measurable fact.
4. That US corporations offshored labor in an attempt to boost company profits and were pursuing emerging markets, is a historical fact.
So sure, you can have a differing opinion in this. In fact if you work for or own a company engaged in offshoring jobs to boost your stock price I would expect it. If you are a politician taking campaign bribes (err "donations) from such a corporation, I would expect it. It doesnt mean your opinion is in anyway actually supported by a single fact.
Edited to add:
Steve H wrote:Let's say we look into the relative changes in inequity since, say, 1960? And then maybe contrast the changes in inequity between areas that have had nominally progressive vs. economically conservative/libertarian policies since then? That sounds like a fair test to me. What do you think?
Defining if a state's over all guiding economic policies are either progressive or conservative from 1960 onward would be a research project in and of itself. Setting the criteria for such a determination would be fairly subjective and open to lots of interpretation.
Having said that there is a historical record of the increases among income inequality in the various states from 1916/1917 to 2011.
Two sources-
http://www.epi.org/publication/unequal-states/
http://www.shsu.edu/eco_mwf/inequality.html
From both sources the states with the greatest income inequality are both a mixture of what are considered both progressive or conservative states.
An interesting and troubling quote is...
In four states (Nevada, Wyoming, Michigan, and Alaska), only the top 1 percent experienced rising incomes between 1979 and 2007, and the average income of the bottom 99 percent fell.