Low Inflation…Apparently Is A Bad Thing? According to the headline in my local paper;
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]
So for all of you libretards out there you have to now decide whether the elected president is just dumb or a liar. There is no middle ground. There is no “I found out when I read the newspapers like everybody else.” The nation has been barraged with PR spin about how bright Mr. Obama is, how this job just doesn’t challenge him enough and he may actually be disengaged because he is bored. You can no longer have it both ways. McClatchy Newspapers has just called him out for; a) a being dumb by making a dumb statement, or b) an outright liar in his lying statement during his State Of The Union Speech (SOTU) on Tuesday and subsequently repeated over the next few days;
I have never done this before, but this post is just a link to a FANTASTIC article by Walter Williams on minimum/prevailing wage laws and their true effect. Educators should photocopy this and use in in their economic and political science curriculum. READ IT NOW.
Yet again an Associated Press story is the muse fo a Parsimony post. I don’t seek out AP stories, but it often seems like their reporting often shows the bias of the mainstream media.
First the headline (with a link to the original story)…
…Now the story
INDIANAPOLIS – After losing their fight against right-to-work legislation, labor organizers are making a desperate bid on shop room floors and at union halls to persuade members to keep paying their union dues and avoid crippling labor’s influence in Indiana [and all across the country although that has been the trend for more than a decade with decreasing membership in the private sector].