Posted on 12/11/2012 6:54:56 AM PST by governsleastgovernsbest
I post this item not to mock Mika Brzezinski. But her comments this morning were so illustrative of the liberal mindset--in ignoring fundamental principles of economics--that they are worth highlighting here.
An entire Morning Joe segment had been devoted to discussing the wage dilemma in America. In the context of analyzing the right-to-work law soon to be signed in Michigan, the panelapparently excepting Mikaagreed that we face hard choices here. We can artificially preserve high wages for a relative few, or let wages seek their natural level, providing more jobs at lower pay. As Joe Scarborough put it, we have to decide if we want jobs to go to China, or remain here, understanding that if we want them to stay, wages cannot remain at levels in existence before America was forced to compete internationally. All this was apparently lost on Mika. In the following segment, insisting "it's kind of simple," Mika argued that employers making big profits should pay their workers more. "Why not? I don't get it," miffed Mika about "greedy" bosses. As former Obama car czar Steve Rattner gently explained, "it's capitalism."
View the video here.
(Excerpt) Read more at newsbusters.org ...
Today, the ramblings of a pampered media airhead.
Tomorrow, official US Government policy.
And you should be paid more if you have perky breasts and high cheekbones.
Pray for America
Mika! You ignorant Slut!
You wouldn't know what it takes to run a business if your life depended on it.
Yes.
It's like their electricity, or their phone, or their internet service. Just something that works when you pick it up, and it performs exactly as they think it should, every single time.
If the thought that "Hey, someone here is working to keep the lights on" ever crossed their minds, it would die of loneliness.
The CEO of Wal-Mart makes around $35 million a year. Wal-Mart has around 2.2 million employees.
If you took all his yearly paycheck and gave it to the workers as a raise it would be less than $16 per year for each worker. Divided by 52 weeks - it ain’t that much.
Libs like Mika just can’t do math.
She is right.
That is exactly how the Fed government works and they are a model of efficency, as long as they can print money and borrow (of it) about a third of what they spend. Why cant employers be more like that?
But don’t you know that all of these companies have a secret stash where they can get the extra money to pay higher wages. That’s what a bunch of Hope and Change types believe. We’re neck deep in trouble already and it’s only going to get worse.
Liberals just seem to think businesses are awash with money and could pay workers higher wages without producing anything.
But don’t you know that all of these companies have a secret stash where they can get the extra money to pay higher wages. That’s what a bunch of Hope and Change types believe. We’re neck deep in trouble already and it’s only going to get worse.
Mika has been upset over the fact “meester joe” is paid more than her. He was hired as a former us congressman and leftist RINO. She was hired as female chest in fuzzy sweaters.
leftists force workers to be paid more....
employeers respond by charging more....
employees have to pay more for company goods...
Ivy league morons.
You can also see the original 1980 series and the updated 1990 series here:
I really offended a lib-in-law a time when I made a statement about laws of physics and the moral law. This really stuck in my mind because of the level of outrage I perceived.
My statement was that the objective moral laws are as fixed as the physical laws of the universe, as are the consequences for violating them.
I think the offensive thing about it was the unrefutable truth of it.
In the communist world view, industry exploits workers and earns unfair profits from their work. The only fair industry is one run by the government.
In normal peoples’ view, you have a smart, hard-working risk taker who starts a business with his own money, and HAS THE RIGHT to the profit from his business.
Simple economics comes into play here. For employment to happen in a capitalist system, the employee has to be producing a sufficient amount of goods or services, to cover the cost to the employer. The employer, as entrepreneur, has to sell those goods and services to a client, with sufficient margin over costs, to earn the necessary income flow. When the costs are too high in relation to the market value of the goods or services, it makes no economic sense to continue to produce those goods or services. And if those goods and services are discontinued, there is no need for the employee, UNLESS -
Unless, either the employee agrees to change his job description to produce an alternative for the goods or services, which may be sold by the employer at a profit, or the employee reduces the cost to the employer for his labor to a point where the employer, as entrepreneur, reaches a break-even point in selling those goods and services.
Business enterprises which fail to produce a profit are soon either bankrupt, or they must rely on some other cash flow to maintain operations. They are either ADDING to the sum total of capital, or they are devouring it.
Liberals really are that clueless.
She has yet to define who are “The Workers” and How much is “Fair”? Does it apply only to Union members? Should Bosses have a Union? What about soldiers? Their goal is based on false assumptions and a 19th Century view of Labor.
The rest of this thesis is left as an exercise to the reader.
Fortunately, she grew up. . .Liberals, like Mika never do.
I am sure Mika would agree that just pay them more is equivalent with just raise your prices.
I wonder if Mika ever thinks about how much she is being paid compared to the person that does her makeup every morning. Or the person that brings her coffee. Or the hundreds of people are involved in producing her show every morning.
Combined they do not make what she makes in a year.
“well, daddy. . .if you don’t have enough money just go out and get some more money and then you can buy it!”
My guess is that part of Mika’s lack of financial smarts comes from growing up in a rich family where money was never an issue. To her it was never a limiting factor, paying more for something never meant you had less money for something else. Hence the attitude; if someone needs more money just give it to them...
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