Bruddah IZ
DA
You, Nye, and your GI Bill genius sharing the same info again.
Democrats/Supporters Out To Dismantle The Foundation Of America !
- Thread starter nononono
- Start date
Careful...he knows about mortgages and amortization! Unfortunately, he has proven that he knows nothing else.
Bruddah IZ
DA
I have you to prove things for me and bootsie to tell us where CA poverty levels were at in 2010. Not that 35th is anything to brag about.
Izzy that is a great datapoint - who would have thought that the largest state in the country would spend the most annually on welfare? Maybe CA should try to be more like Rhode Island.
#27 in Highest Public Welfare Spending in 's State Governments
California StatePopulation: 38,066,920
Total Public Welfare Spending:$57,576,561,000>
$1,513
per capita
When your theory is a bunch of bullshit then you need to support it with bullshit data.
California StatePopulation: 38,066,920
Total Public Welfare Spending:$57,576,561,000>
$1,513
per capita
When your theory is a bunch of bullshit then you need to support it with bullshit data.
Bruddah IZ
DA
You wondered why the author did not list a percentage. Thatʻs because he linked the BLS data in the article. I guess you decided to boot the current report to the curb because it was too long for you to read and did not support your 2010 data.
Hawaii is, of course, the state that offers the most welfare per person, incentivizing non-work.
Bruddah IZ
DA
David Ige got an “F” for how he mismanaged tax revs. His fellowe blue wave-er Jerry Brown got a D.
http://blog.independent.org/wp-content/uploads/2019/01/fiscal-policy-report-card-2018-tables.jpg
Hüsker Dü
DA
That's hilarious, Paul LePage . . .
Bruddah IZ
DA
Is he building a rail too?
We are in a Government shutdown because AMERICA lets
deranged Idiots such as Cryin Chuck Schumer and Nasty Ass Pelosi
throw their " Logs " into the wheels of progress....
Both should be out of office before 9:00 am Monday Jan 14, 2019....
No if, and or buts....both out on their bony criminal asses !
deranged Idiots such as Cryin Chuck Schumer and Nasty Ass Pelosi
throw their " Logs " into the wheels of progress....
Both should be out of office before 9:00 am Monday Jan 14, 2019....
No if, and or buts....both out on their bony criminal asses !
Bruddah IZ
DA
The $33 Minimum Wage Push Reveals a Serious Disconnect with Economic Reality
Wages do not depend on how much pay workers "need."
Monday, January 28, 2019
Donald J. Boudreaux
Dear Times Editor,
Making the case for a minimum wage of $33 per hour in New York City, Ginia Bellafante thinks it sufficient to calculate the minimum pay required for a single parent with two school-age children to sustain a certain lifestyle in NYC (“The $15 Minimum Wage Is Here. Why We Need $33 an Hour.” Jan. 4).
Wages, however, do not depend on how much pay workers "need;" wages depend on how much value workers produce. Government requirements that workers be paid an amount greater than the value of what they produce throw workers who cannot produce that amount of value out of work. Astonishingly, Ms. Bellafante barely acknowledges this objection to minimum wages.
To see the validity of this objection to minimum wages, suppose that low-skilled workers sold their output to the general public not indirectly by selling their time and effort to employers but, instead, by selling their outputs—such as packets of food, articles of clothing, and hair-dressing services—directly to consumers. Does anyone believe that all of these workers’ incomes would rise if government mandates that workers must raise—to generate hourly incomes of at least $33—the prices workers charge consumers for these outputs? Who does not see that the result of these mandated minimum-prices would be, not the income increase that Ms. Bellafante envisions, but an income decrease which is the inevitable result of consumers responding to these higher prices by purchasing fewer units of these outputs?
The fact that most income-earners sell their outputs to the public indirectly, through their employers, does nothing to change the reality that forcing workers to charge for their services more than those services are worth puts workers out of jobs.
Sincerely,
Donald J. Boudreaux
Professor of Economics
and
Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Wages do not depend on how much pay workers "need."
Monday, January 28, 2019
Donald J. Boudreaux
Dear Times Editor,
Making the case for a minimum wage of $33 per hour in New York City, Ginia Bellafante thinks it sufficient to calculate the minimum pay required for a single parent with two school-age children to sustain a certain lifestyle in NYC (“The $15 Minimum Wage Is Here. Why We Need $33 an Hour.” Jan. 4).
Wages, however, do not depend on how much pay workers "need;" wages depend on how much value workers produce. Government requirements that workers be paid an amount greater than the value of what they produce throw workers who cannot produce that amount of value out of work. Astonishingly, Ms. Bellafante barely acknowledges this objection to minimum wages.
To see the validity of this objection to minimum wages, suppose that low-skilled workers sold their output to the general public not indirectly by selling their time and effort to employers but, instead, by selling their outputs—such as packets of food, articles of clothing, and hair-dressing services—directly to consumers. Does anyone believe that all of these workers’ incomes would rise if government mandates that workers must raise—to generate hourly incomes of at least $33—the prices workers charge consumers for these outputs? Who does not see that the result of these mandated minimum-prices would be, not the income increase that Ms. Bellafante envisions, but an income decrease which is the inevitable result of consumers responding to these higher prices by purchasing fewer units of these outputs?
The fact that most income-earners sell their outputs to the public indirectly, through their employers, does nothing to change the reality that forcing workers to charge for their services more than those services are worth puts workers out of jobs.
Sincerely,
Donald J. Boudreaux
Professor of Economics
and
Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
When "America Was Great," we had much higher marginal tax rates at the top, which served as a disincentive for employers to capture every last nickel. In lieu of keeping only $.30 of that next dollar, they were more likely to grow their business with further investment in capital and labor. That was a more effective incentive than higher minimum wage. This incentivizes illegal immigration (like at Trump's country club) where people work cheaper and with no benefits and keep their mouths shut. With this a company would likely squeeze profits out of a smaller business and just sell it asap, thereby putting people out of work.The $33 Minimum Wage Push Reveals a Serious Disconnect with Economic Reality
Wages do not depend on how much pay workers "need."
Monday, January 28, 2019
Donald J. Boudreaux
Dear Times Editor,
Making the case for a minimum wage of $33 per hour in New York City, Ginia Bellafante thinks it sufficient to calculate the minimum pay required for a single parent with two school-age children to sustain a certain lifestyle in NYC (“The $15 Minimum Wage Is Here. Why We Need $33 an Hour.” Jan. 4).
Wages, however, do not depend on how much pay workers "need;" wages depend on how much value workers produce. Government requirements that workers be paid an amount greater than the value of what they produce throw workers who cannot produce that amount of value out of work. Astonishingly, Ms. Bellafante barely acknowledges this objection to minimum wages.
To see the validity of this objection to minimum wages, suppose that low-skilled workers sold their output to the general public not indirectly by selling their time and effort to employers but, instead, by selling their outputs—such as packets of food, articles of clothing, and hair-dressing services—directly to consumers. Does anyone believe that all of these workers’ incomes would rise if government mandates that workers must raise—to generate hourly incomes of at least $33—the prices workers charge consumers for these outputs? Who does not see that the result of these mandated minimum-prices would be, not the income increase that Ms. Bellafante envisions, but an income decrease which is the inevitable result of consumers responding to these higher prices by purchasing fewer units of these outputs?
The fact that most income-earners sell their outputs to the public indirectly, through their employers, does nothing to change the reality that forcing workers to charge for their services more than those services are worth puts workers out of jobs.
Sincerely,
Donald J. Boudreaux
Professor of Economics
and
Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Bruddah IZ
DA
I think New York should be able to experiment as they see fit. When Venezuela was great they had much higher marginal tax rates at the top too.
Bruddah IZ
DA
Feeling the Bern!
Worry about the Social Security/Medicare debt....That is the primary driver of the whole mess.
And while your at it, go reread your history.....
Bruddah IZ
DA
We’ve discussed this before, but besides former Starbucks CEO Howard Schultz mulling a 2020 run that could scuttle the Left’s hopes of beating President Trump, he’s also trashing their core policy initiative as well. Schultz is a lifelong Democrat, but he’s saying should he make his decision to toss his hat into the ring, he would run as an independent centrist. For starters, he feels that Medicare for All, a popular initiative among the far left, is un-American, not affordable, and not realistic. Sen. Kamala Harris (D-CA), a 2020 candidate, said recently on CNN that she’s for gutting private health insurance (via Huffington Post):— M. Vespa
Bruddah IZ
DA
Regarding, Sen. Elizabeth Warren’s (D-MA) wealth tax proposal, Schultz did not shy away from saying her agenda would lead to full-blown socialism.I know, you guys knew that already, but it’s refreshing to see someone, who by all means on paper is more in their camp, torching all of their action items. Schultz made these remarks on MSNBC’s Morning Joe this morning. He’s undertaking a book tour at the moment. Warren recently took to Twitter to bash the self-made Schultz, even though she tried to solicit a campaign donation from him during her Senate race.
Smart Dems crack me up!
Smart Dems crack me up!
I’m so proud of the institutions maintaining our country.
Whether it’s justices, military, intelligence or science, every time Trump steps too far outta line he gets smacked by his own administration and the judiciary. Unprecedented clap-backs against their own commander-in-Chief and president.
Only the wacko GOP Congress doesn’t stand up to him and the voters all over the country fixed that a couple of months ago.
He and his idiot mob are pretty much entertainment at this point.
Whether it’s justices, military, intelligence or science, every time Trump steps too far outta line he gets smacked by his own administration and the judiciary. Unprecedented clap-backs against their own commander-in-Chief and president.
Only the wacko GOP Congress doesn’t stand up to him and the voters all over the country fixed that a couple of months ago.
He and his idiot mob are pretty much entertainment at this point.