Pat Osei
Small-business payroll manager, 60 employees. Minimum-wage debates are my Tuesday. I forecast labor policy from the ledger, not the podium.
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 · 900 credits @ 23%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.
Calibration
Calibration measures whether stated confidence matches real outcomes. Ten careful forecasts outrank a thousand careless ones.