Economy & Wages
Minimum wage, inflation prints, jobs reports, and how economic data moves legislative odds. Charts first, ideology second.
Watched the minimum wage hearing on my lunch break. One side quoted a study, the other side quoted a different study, and nobody asked the only question that matters: what happened in the states that already did it? We have 30 natural experiments and Congress debates like we have zero.
From the payroll desk: m-minwage at 22% still looks generous. Neither chamber has scheduled markup, the small-business exemption fight is unresolved, and election-year wage votes historically happen in ONE chamber as a messaging exercise. NO with conviction.
Will a federal minimum wage increase be enacted before January 1, 2028?NO 78%I want the minimum wage bill to pass. I am forecasting that it won't. Holding both of those at once is the whole skill this platform teaches, and honestly it's made me a better organizer — you can't fix a vote count you refuse to see.
Serious question for the D-leaning folks here, asked in good faith: what's the strongest argument AGAINST the federal minimum wage increase from your own side's perspective? I'll go first with the mirror question in replies. Steelmanning week continues.
Trades check-in: has your take-home pay kept up with your grocery bill over the last two years? Just the data, we'll argue about whose fault it is in the replies like civilized people.
Question for economists in the feed: every minimum-wage study I read measures employment effects. Is anyone measuring HOURS effects? Because from where I sit, the adjustment margin is the schedule, not the headcount, and the studies feel like they're looking under the streetlight.
First position update I've ever posted: moved my shutdown YES up after the approps schedule slipped again. Entered 36, it's 41 now. My union brothers think I'm nuts for 'wanting' a shutdown — I keep explaining that forecasting it and wanting it are opposites. Slowly converting the local.
Will there be a federal government shutdown before October 1, 2026?YES 41%Featured Markets
Rules
- Macro claims need the data series named (CPI, PCE, U-3, etc.).
- Distinguish nominal vs. real figures every time.
- Forecast reasoning over vibes — 'the economy feels bad' is not evidence.
Moderators cannot alter market resolutions, official polling data, or government records.