10,000 m rowed (main set at 207w)
English: A row of Concept2 Indoor rowers. Photo taken by Johnteslade and released into public domain. (Photo credit: Wikipedia)
Elapsed time 44:32
Workout Report 2/14
Workout Report 2/13
Shortened due to choir rehearsal.
1500 m rowed
Push up Competition with Drill Sergeants (Photo credit: U.S. Army Public Affairs, Midwest)
Four rotations of:
- 8 pullup
- 16 perfect pushup
- 24 squat
- 15 Alt. DB press 30#
- 15 medball twist 12#
- 16 chair dip
- 15 Alt. DB curl 30#
- 15 upright row with band
Elapsed time 45:00
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Predictable: Economically Ignorant Ed Schultz Cheers for Obama’s Proposed Minimum Wage Increase
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Ed Schultz is a liberal blowhard, but sometimes he’s an economically ignorant liberal blowhard:
http://www.msnbc.msn.com/id/32545640
Visit NBCNews.com for breaking news, world news, and news about the economy
Here’s a partial transcript pulled from Hot Air:
Well, Boehner, Ryan, and Rubio, they have publicly rejected President Obama’s proposal, and they’re now spouting out the same old lies that we heard six years ago: That it’s gonna’ cost jobs and it’s gonna’ hurt small business. It’s just another example of Republicans denying the facts. So let’s get this whole straight, folks: Several academic studies have found that increasing minimum wage had no significant effect on employment levels in this country. Bottom line: It doesn’t kill jobs, and it won’t kill small businesses. … By raising the minimum wage, we directly address the growing levels of income inequality in this country by giving people a chance to lift themselves out of poverty and join the middle class, which is the mission — a rising tide lifts all boats. By opposing this, Republicans are just showing us once again just who exactly who they stand for.
And yet, just a quick look around the intertubes yields no end of evidence that “Sergeant I Know Nnnnnothing” Schultz is wrong, wrong, wrong, and again I say wrong. What he’s saying is simply not true. He may have found one of those tiny samples that showed a small number of people benefited from an increase in the minimum wage, but on the aggregate -and that’s what the whole country needs to be concerned about- increases in minimum wage DECREASE EMPLOYMENT. The relationship has been demonstrated again and again and again and…well, you get it.
Here’s some evidence from the American Enterprise Institute:
Increase Minimum Wage, Decrease Employment
Getting the millions of currently-unemployed workers into productive employment should be a major focus of government. I had hoped that the president would address the labor market crisis, directing the energy of government in an effort to help the suffering unemployed. Unfortunately, there was precious little attention and no urgency regarding this crisis in the State of the Union address.
Instead, the president called to increase the minimum wage.
The economic effects of minimum wage increases have been studied dozens and dozens of times in the past few decades. Different studies come to different conclusions, of course. But economists David Neumark and William Wascher, after conducting an exhaustive literature review, conclude that “among the papers we view as providing the most credible evidence, almost all point to negative employment effects, both for the United States as well as for many other countries.”
You get that? It’s not just bad for U.S. employment, but it negatively affects OTHER COUNTRIES TOO, Ed.
They continue: “The studies that focus on the least-skilled groups that are likely most directly affected by minimum wage increases provide relatively overwhelming evidence of stronger disemployment effects for these groups.”
The weight of the evidence suggests that increasing the minimum wage decreases employment, especially for lower-skilled workers.
Will a minimum wage increase help to alleviate poverty, as the president suggested in his speech? The evidence suggests that it will not. Economists Joseph Sabia and Richard Burkhauser find that a small minority of workers who would benefit from a minimum wage increase – around ten percent – live in poor households. The White House itself states that workers who would benefit from a minimum wage increase bring home less than half of their household’s total wage and salary income.
So, despite the demonstrable facts, crazy Ed and the rest of the hopelessly sycophant Obamabots will continue to defend their Dear Leader’s positions, regardless of how ill-informed or economically ignorant they might be.
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