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Economy

$15 an hour – are you really worth it?

Burgers!
"Ironically, the futuristic short-order cook has been developed to replace workers in one of the most progressive states in America. Several California cities have already raised the minimum wage as the state plans to push the rate to $15 by 2022." “This wage is not sustainable for a lot of companies… in that $5 increase, you’re talking about $12,000 increase per employee… where does that money...
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Is it time to stop paying farmers for doing nothing?

I'm a platypus that understands the incredible importance of farming and ranching to our nation. Unlike some who don't know where their food comes from and don't know an udder from a, well, you know, I have a healthy knowledge and respect for farmers and just what they mean to us. Cheap food (and cheap fuel) have been the driving forces (aside from liberty) of the American experiment. We need them...
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Net Neutrality: For and Against

Don't Unplug Me! Net Neutrality
The Against Side Net Neutrality can, at times, sound like a good thing. It's pitched as keeping the Internet fair, even, free (as in unrestrained) so that the big boys can't come in and push aside the little guys. The reason this has gained more traction among users is the fact that the Internet is no longer a novelty. Though I admit I have no official statistics for this I will wager that the ma...
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Health Insurance isn’t What the Left Thinks it is. What IS it then?

That's not how insurance works
Well, hello there everyone. I’m sure by now you have heard that the House of representatives has passed their Obamacare repeal and replace bill. I know you are just frantic wanting to know exactly what the big deal is. I’m here to tell you everything you need to know. Which is, absolutely nothing. Oh, before you tune out let me clarify that. What I mean to indicate is that for those of you who wis...
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This Isn’t Capitalism

It's capitalism, not pie
Capitalism isn't like pie. Entire books have been written on just what capitalism is. Adam Smith, Milton Freeman, Ludwig von Mises, and others have written well on economics with a sound understanding of the free market. It's not my intention to rework their books which are in-depth treatments of how economies operate and under what conditions they do well. I simply want to convey a little meaning...
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Socialism Eats its Own

Socialism is Death
Socialism cannot work. Socialism is not Righteous. I'm not saying it doesn't work. That would imply that there are some tweaks and changes that could be made that would make it work. It cannot work. First we have to define what it is. It isn't exactly easy to define though. People seem to have different ideas of that. The standard meaning is this. "A political and economic theory of social org...
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Trickle Down Works & Universal Basic Income is a Trap! 

UBI: It's a Trap
Imagine if you will the American south in the antebellum years. The air is moist and sticky with the summertime heat, the breeze is soft and cooling. A fine house sits atop a gently sloping rise, it's white columns bespeaking the status of those folk who live there. They sit on the veranda sipping lemonade, the women fan, the men smoke corn cob pipes. The scene then takes us across the yard, th...
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Amazon, Robots, Liberty, & Universal Basic Income

UBI so hot right now
There is a segment of the population that has what I consider an unreasonable, almost Luddite fear, that robots are going to take everyone's jobs away. I think a large part of this is actually just another excuse to push Universal Basic Income which is the latest fad and the current incarnation of communism. If you haven't heard if UBI it's simple, everyone gets a certain amount of cash each mo...
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Fuel Prices Determine the American Economy

Oil Tanks
I have a theory that the mortgage crisis was triggered by high gas prices. Congressional mandates to give loans set it up and high gas prices knocked it down. Fuel prices are tied into everything we do in America. Many people who shouldn't really have been given loans for homes got them anyway because the lenders were under pressure from the federal government to do so. Let's face it, banks aren't...
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Poverty is the Default State of Mankind & UBI Is Slavery

Dog with money in its mouth
I've read so many articles from those on the left and the right exploring the question, "What causes poverty?" One of my favorite authors, Robert Heinlein said, "Throughout history, poverty is the normal condition of man." This is actually an inarguable fact. It is objective reality. Man comes out of the womb perhaps less wealthy than any of the ruminants that inhabit our planet. A giraffe,...
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Scott Pruitt – Dangerous-Drilling-Denier Put in Charge of the Hen House

Scott Pruitt is a denier
For those who voted for Donald Trump his choice of EPA chief is a sign that his campaign was more than just rhetorical, more than just the typical promise and forget politics we have all gotten used to. For those who voted against Trump his choice of EPA chief is a sign that the dark demons of Tartarus are rising to consume us all. Just what makes Scott Pruitt so horrible? He doesn't bel...
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What Happens When a Business Doesn’t Pay Minimum Wage?

We can't survive on low wages
I must admit I have never really thought about the question "What happens when a business doesn't pay the minimum wage?" I guess I just always assumed that if they couldn't pay they went out of business. The below video made me realize there is another option, ignoring the law. Of course there are consequences for that. What if the employee is just fine with that and makes a deal with the shop...
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Apocalyptic Income Inequality & The Hateful Jealousy of the Left

What is it about income inequality that can be called "apocalyptic"? That's an extreme word. Surely a person would only use such a word to describe something horrifying and deadly! Consider for a moment if income inequality was actually a good thing. Let that sink in. How could that be? What about those horrific 1% oppressing all the rest of us? Maybe it's not something to fear but rather somethin...
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The Broken Record of “Taxation is Theft” and the Logical Fallacy

Taxation is theft is an absolute and therefore prone to error
Libertarians love to make the flat statement "taxation is theft". If you spend any amount of time among them you recognize it for the propaganda and attempt at brainwashing that it is. Of course they don't see it that way. Taxation is certainly a strong issue with me as well and I certainly find common ground with Libertarians on the current state of US taxation...it's bad...very very bad. But my ...
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$15 an Hour you Say? How About We Just Replace You With a Machine?

McDonald's Kiosk
Basically the job people are asking $15 an hour to do (more than a bank teller) is so easy to do that people can just do it themselves. That's a little kid in the photo. He's doing your job for free, he's 10. The minimum wage is a bad thing that harms workers. While that may sound counterintuitve to some it doens't take much of a business understanding to eventually understand why. I always tell p...
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