High Minimum Wage Laws INCREASE Poverty Among the Already-Poor

By Kaylee McGhee – Re-Blogged From Liberty Headlines

‘Each $1 increase in the minimum wage has…increased poverty rates and the receipt of public assistance…’

Labor Force Participation Still Well Below Pre-Recession Levels

Photo by jronaldlee

(Kaylee McGhee, Liberty Headlines) Anti-poverty initiatives, like higher minimum wage laws and heftier welfare programs, have actually hurt poor and disadvantaged communities, according to a new studyby the Employment Policies Institute.

University of California, Irvine economists David Neumark and Brittany Bass, and Brian Asquith of the National Bureau of Economic Research, studied the long-term effects of these programs in struggling neighborhoods, looking at how minimum wage and welfare policies have impacted poverty rates over the past three decades.

They found that rather than improving impoverished communities — as they are designed to do — these policies have hurt poor areas.

“Neither a higher minimum wage nor more-generous welfare benefits have reduced poverty rates in the country’s most-disadvantaged neighborhoods. In fact, the authors find some evidence that poverty rates and the share of residents on public assistance have increased alongside a rising minimum wage,” the study reads.

The researchers said they found that the most common long-term outcome of higher welfare benefits was increased poverty and a higher number of people receiving public assistance.

“To put this in practical terms, it means that each $1 increase in the minimum wage has, in disadvantaged neighborhoods over the past three decades, increased poverty rates and the receipt of public assistance by roughly three percent,” the researchers wrote.

This study raises important questions about the effectiveness of the poverty-reduction programs leftist politicos tout.

“These findings cast serious doubt on whether the normal poverty-reduction policies — minimum wages and welfare programs — actually contribute to increased employment, reduced poverty, and higher household earnings,” the EPI wrote. “Indeed, this study should give pause to any level of government interested continuing or expanding such policies.”

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Chairman for People and Arrogant Eurocrat

arkadiusz-sieron   By Arkadiusz Sieron – Re-Blogged From Sunshine Profits 

Two of the most powerful men in the world. Trump? Putin? Xi? Nah. Chairman Jerome Powell and President Mario Draghi. Let’s analyze their recent press conferences!

Powell – Chairman for People

In the last edition of the Gold New Monitor, we promised that we will elaborate on the Powell’s and Draghi’s press conferences. It’s high time we fulfilled the promise.

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Party Dips Spread Norovirus, Herpes, Report Says

By Zoe Papadakis – Re-Blogged From Newsmax Health

Party dips can give you norovirus and even herpes, an investigation revealed, so you might want to think twice next time you indulge in a party spread.

On Monday’s episode of Food Unwrapped on Channel 4 in the U.K., microbiologists revealed just what dangerous viruses could be lurking in some of your favorite dips and the worst part is that you would not even know about it until it was too late, The Daily Mail reported.

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Physical Fitness Linked to Slower Brain Aging

By Sylvia Booth Hubbard – Re-Blogged From Newsmax Health

Keeping physically fit and having more flexible arteries may be keys to slower brain aging, says a study from Australia’s Swinburne’s Center for Human Psychopharmacology.

“Exactly why this occurs is unclear, but research indicates that exercise and physical fitness are protective,” said lead author Greg Kennedy. “A healthier, more elastic aorta is also theorized to protect cognitive function, by reducing the negative effects of excessive blood pressure on the brain.”

Kennedy says that from early adulthood, memory and other features of cognition slowly decline, and the risk of dementia rises with age.

The IPCC; Never Has So Much Been Made Out of So Little by So Many at So Great A Cost

(Apologies to Winston Churchill the brave Battle of Britain people.)

By Dr. Tim Ball- Re-Blogged From http://www.WattsUpWithThat.com

The Intergovernmental Panel on Climate Change (IPCC) and the people who formulated the structure that directed their research, constantly manipulated the data and the methods to predetermine the results. It began with the definition of climate change given to them as Article 1 of the United Nations Framework Convention on Climate Change (UNFCCC). This involved overstating and misrepresenting the amount of atmospheric CO2 currently, and in the past. It also included misrepresentation of its movement through the so-called carbon cycle.

You can pick any segment of the Carbon Cycle they show in Figure 1 (Their Figure 6-1, Fifth Assessment Report) and none of it is based on actual measures, that is real data; everything is an estimate and can’t qualify even as an educated guess.

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Figure 1

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Five Principles of Successful Entrepreneurs

   By Barbara Elliott, Contributor to PhDify

For most people, beginning their way after finishing the university is an extremely difficult thing. They have already received the degree, they could have the best grades and the most experienced instructors, but they meet lots of difficulties anyway. Some practical skills couldn’t be provided by classes in the university, textbooks, or dissertation writing service. Those skills should be taken from the real life.

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