I would not argue the reports projections agrees with yours some what, however the Devil is in the details, don't you think?<quoted text>
I do agree with the report and the report agrees with me. Remember when I said that an increase in minimum wage actually makes those that receive it more poor? Also in this report is this little nugget:
"For business owners, family income (including income for shareholders) falls to the extent that firms’ profits are reduced. In addition, real family income for many people tends to fall a bit, because the increase in prices of goods and services reduces families’ purchasing power."
Now having said that I still stick by my original stance that you can make any report say anything and that reports like this one are simply opinions that have no bearing on reality. The CBO has been wrong much more than they have been right. It's why they have to continually adjust their predictions. Remember, anytime I reference any report on anything from the CBO or anyone else you should take it as a grain of salt and not the gospel truth even if the report fully supports my point of view. You would do well to do the same though I doubt you will.
I would discount the report as well if I were you.