Essential Economics for Politicians

[Bruddah IZ]

What the hell?
I said we would rebuild and bail out as usual.
Probably without a thank you, thank you.

This is one of your standards, btw. "everyman for himself" lol.

So Vanilla isn't he?

 

[Ricky Fandango]

So Vanilla isn't he?

I have a list of his simple mindedness.
The list only goes up to five.

 

[Bruddah IZ]

I have a list of his simple mindedness.
The list only goes up to five.

I didn't know Vanilla was so varied.

 

[Ricky Fandango]

I didn't know Vanilla was so varied.

There are hundreds of variations of vanilla.
Rat, five.

 

[Bruddah IZ]

There are hundreds of variations of vanilla.
Rat, five.

Part of his racist bent I guess.

 

[Bruddah IZ]

Somebody Q Wez's crying baby. I guess I hurt his feelings this morn'.

 

[Wez]

Somebody Q Wez's crying baby. I guess I hurt his feelings this morn'.

Dream on.

 

[Bruddah IZ]

Dream on.

I'm your sheep dog while you count sheep.

 

[Wez]

I'm your sheep dog while you count sheep.

You're barely off ignore, stop with the delusions of grandeur...

 

[nononono]

Dream on.

We Dream that one Day you will have an epiphany and straighten
your act up !

 

[Bruddah IZ]

You're barely off ignore, stop with the delusions of grandeur...

Don't flatter yourself.

 

[Hüsker Dü]

What the hell?
I said we would rebuild and bail out as usual.
Probably without a thank you, thank you.

This is one of your standards, btw. "everyman for himself" lol.

So you are saying you see that in a positive light or will you go noncommittal like always?

 

[nononono]

So you are saying you see that in a positive light or will you go noncommittal like always?

 

[Bruddah IZ]

The Tyranny of Administrative Power
https://fee.org/articles/the-tyranny-of-administrative-power/

The most dangerous threat to freedom doesn't come from the President or the legislature, but from unelected officials making unchecked decisions.

 

[xav10]

The ‘Fight For 15’ Is Another Tool For Big Businesses To Kill Competition

https://fee.org/articles/the-fight-for-15-is-another-tool-for-big-businesses-to-kill-competition/

The Real Beneficiaries

For instance, if the minimum wage was $8 and the union wage was $40, employers give up 5 hours of low-skilled work for every union worker-hour utilized. But if the minimum hourly wage were increased to $10, employers would only be foregoing 4 hours of low-skilled work for every union worker-hour employed. Consequently, it is no wonder unions, whose self-interests are advanced whether or not low-skill workers benefit, are the primary backers of minimum wage campaigns.

From the article, it sounds like unions argue for minimum wage hikes because it benefits them and also harms non-union labor.
So they make more money. What are they doing wrong then? I didn't really get the part about how it helps big business.

 

[Bruddah IZ]

From the article, it sounds like unions argue for minimum wage hikes because it benefits them and also harms non-union labor.
So they make more money. What are they doing wrong then? I didn't really get the part about how it helps big business.

Big businesses can sustain government mandated incremental wage increases where small business cannot. Big business isn't doing anything wrong. Government is.

 

[xav10]

Big businesses can sustain government mandated incremental wage increases where small business cannot. Big business isn't doing anything wrong. Government is.

well, if you take that libertarian-ish view that markets work when everyone acts in their best interest, you have a point...and big business isn't doing anything wrong. the problem is the government's "best interest" is big business, so that skews things. the unions aren't doing anything wrong either. but small business people
don't have groups like organized labor or the chamber of commerce or the elected officials helping them. it's a bummer.

 

[nononono]

well, if you take that libertarian-ish view that markets work when everyone acts in their best interest, you have a point...and big business isn't doing anything wrong. the problem is the government's "best interest" is big business, so that skews things. the unions aren't doing anything wrong either. but small business people
don't have groups like organized labor or the chamber of commerce or the elected officials helping them. it's a bummer.

 

[Bruddah IZ]

well, if you take that libertarian-ish view that markets work when everyone acts in their best interest, you have a point...and big business isn't doing anything wrong. the problem is the government's "best interest" is big business, so that skews things. the unions aren't doing anything wrong either. but small business people
don't have groups like organized labor or the chamber of commerce or the elected officials helping them. it's a bummer.

Both the Union and Government extract wages from business rather than letting the market decide.

 

[tenacious]

You're barely off ignore, stop with the delusions of grandeur...

lol