You gotta love a liberal who resists following the rules they decry for everybody else. Liberal California passed a minimum wage law that requires businesses to raise the minimum wage to $10.50 starting January 1, 2017. You may be surprised to learn that big leftist and former president of the Screen Actor’s Guild, Ed Assner (yes I know that it’s misspelled) did not support minimum wage…for theatre companies. In fact, Mr. Assner filed a lawsuit seeking relief from the new minimum wage law for his industry.
WOW!!!! This “student” certainly has more balls than brains. I’m going out on a limb and guessing she’s NOT a math major…probably Econ!
The news this week featured a squabble between singer Taylor Swift and Apple over Apple’s plan to allow users to listen to Swift’s music without paying her. Swift took Apple to task and they blinked. Not only is she adored by millions of fans, but many other also no respect her for her business sense.
Rockers it seems are very protective of their hard-earned money. A recent article in our local paper by economics professor Ralph R. Reiland highlighted this issue. Reiland recounted the many efforts by old school rockers to protest high taxes and uproot themselves and move to other countries to avoid oppressive tax burdens. Here are a few quotes to entice you to read the entire article which is linked above in blue.
An article caught my eye as Pennsylvania’s new governor has floated another idea for a new tax. He’d like to tax lottery winnings. The Feds already tax the winnings, but apparently the state wants their piece also. This is not an anti-tax post, but part of the newspaper article stunned me (see photograph).
Here we have a 40-something woman who claims to purchase $300.00 worth of lottery tickets every week. Okay let me repeat that…she spends $3oo every freaking week to buy a chance to win big bucks and she seems to be driven by the fact that she won $2,500 a few years ago. So she spends over $15,000 a year to win $2,500 every couple of years. My God do we need to teach economics in our schools though it’s obviously far too late for this lady.
So get your duct tape ready before you watch this video from MSNBC. As is usual with liberals the woman on the right (while actually on the LEFT) continues to interrupt the man on the left (Actualy RIGHT & CORRECT) thus the need for duct tape to contain your head’s impending explosion. When you cannot win an argument talk louder and over everybody else. To his credit Mr. Schiff does not partake of this type of “debate” though on many levels I wish he would just tell her to shut up while he talks.
Here is a series of interesting videos about labor…
I know that’s a long title, but it is taken from a comment after a blog post about Seattle’s upcoming minimum wage hike to $15.00 per hour. The hike goes into effect on, of all days, April Fools Day. The “Living Wage” has long been one of the liberal alters. At that wage, working forty hours a week and fifty-two weeks a year you’ll earn just over $31,000.00 a year. The rub is that minimum wage jobs are SUPPOSED to be entry level jobs to help train young folks some work ethic and give them some independence in their lives. The minimum wage job is not supposed to be your career! The other rub is that at $15.00 per hour those entry level jobs are going away. Businesses cannot afford to pay that much to someone to sweep floors, serve burgers, or check coats. Seattle is finding that out as pointed out in the Protein Wisdom Blog;
The headline is a link to the full article, but here are a few “precious” quotes from the article…Sorry to Adam Smith;
“what the global economy could use right now is a dose of higher prices.” [perhaps the authors have not ridden to the gas pumps or shopped at the grocery store lately]
Anyone who has watched Fox News’ Bill O’Reilly knows that he eschews bloviating which is intriguing as he is a serial bloviator. After the President’s State Of The Union speech on Tuesday the topic of minimum wage has been hotly debated. And Billy O was kind enough to invite the requisite opposing pundits to discuss the issue. As he can often do, he proceeded to interrupt the conservative pundit (sorry I don’t remember her name) as she offer the usual proof regarding the FACTS that a minimum wage actually, historically, and truthfully hurts those who are just starting out. Obama with O’Reilly’s blessing wants a minimum wage of around $10.10/hour.
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