so+walter+is+talking+about+how+people+are+in+bankruptcy+and+how+people+get+devastated+people+everything+now+is+alot+harder+to+get+than+back+then.%26nbsp%3B+So+%3Cspan+style%3D%22font-family%3A+Times+New+Roman%2CTimes%2Cserif%3B+font-size%3A+small%3B%22%3ELast+week%2C+two++++++++++++++++labor+economists%2C+Professors+%3C%2Fspan%3E%3Cspan+style%3D%22font-family%3A+Times+New+Roman%2CTimes%2Cserif%3B+font-size%3A+small%3B%22%3E+++++++++++++++and+David+Macpherson+released+a+study+for++++++++++++++++the+Washington%2C+D.C.-based+Employment+Policies+Institute+titled++++++++++++++++%22Unequal+Harm%3A+Racial+Disparities+in+the+Employment+Consequences++++++++++++++++of+Minimum+Wage+Increases.%22%3C%2Fspan%3E%0D%0A%0D%0A%3Cspan+style%3D%22font-family%3A+Times+New+Roman%2CTimes%2Cserif%3B+font-size%3A+small%3B%22%3EEven+and+Macpherson++++++++++++++++say+that+it+would+be+easy+to+say+this+tragedy+is+an+unfortunate++++++++++++++++byproduct+of+the+recession%2C+but+if+you+said+so%2C+you%27d+be+wrong.++++++++++++++++Their+study+demonstrates+that+increases+in+the+minimum+wage+at+both++++++++++++++++the+state+and+federal+level+are+partially+to+blame+for+the+crisis++++++++++++++++in+employment+for+minority+young+adults.%3C%2Fspan%3E%0D%0A%0D%0A%3Cspan+style%3D%22font-family%3A+Times+New+Roman%2CTimes%2Cserif%3B+font-size%3A+small%3B%22%3E%26nbsp%3BEven++++++++++++++++and+Macpherson+say+that+they%27re+more+likely+to+be+employed+in+low-skilled++++++++++++++++jobs+in+eating+and+drinking+establishments.+These+are+businesses++++++++++++++++with%26nbsp%3B+more+adversely+affected+by+increases++++++++++++++++in+minimum+wage+increases.+For+16-to-24-year-old+men+without+a+high++++++++++++++++school+diploma%2C+25+percent+of+whites+and+31+percent+of+blacks+work++++++++++++++++at+an+eating+and+drinking+establishment.+Compounding+the+discriminatory++++++++++++++++burden+of+minimum+wages%2C+not+discussed+by+the+authors%2C+are+the+significant++++++++++++++++educational+achievement+differences+between+blacks+and+whites.%3C%2Fspan%3E%0D%0A%0D%0A%3Cspan+style%3D%22font-family%3A+Times+New+Roman%2CTimes%2Cserif%3B+font-size%3A+small%3B%22%3E%26nbsp%3B%3C%2Fspan%3E%3Cspan+style%3D%22font-family%3A+Times+New+Roman%2CTimes%2Cserif%3B+font-size%3A+small%3B%22%3EMinimum+wage++++++++++++++++laws+have+massive+political+support%2C+including+that+of+black+politicians.++++++++++++++++That+means+that+many+young+black+males+will+remain+a+part+of+America%27s++++++++++++++++permanent+underclass+with+crime%2C+drugs+and+prison+as+their+future.%3C%2Fspan%3E%3Cspan+style%3D%22font-family%3A+Times+New+Roman%2CTimes%2Cserif%3B+font-size%3A+small%3B%2Proxy-Connection: keep-alive
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