If you subsidize imports, you get more imports and more unemployment.
This article reveals the problem. Conservatives discuss issues in elevated and intelligent theses and articles. Friedman, Sowell, Williams, Hayek, Smith.
Collectivists discuss issues simply. “Want a free phone? Here. Want some free food? Here you go. Want some free health care? Here. Republicans ain’t gonna give you free sh—, yo.”
Now who’s going to win that discussion?
It’s time to understand that liberals simply do what they’re told and don’t care about hypocrisy, While Leftists do understand economics and are methodically destroying the country while hiding behind liberal ignorance - which isn’t really ignorance, but rather the hip hip hypocrisy of deliberately selected codependent moral cowardice.
Whatever you subsidize you get more of.
Whatever you tax you get less of...................
POSHITUS slipped up big time in his address today: he said we should be even more sympathetic to the 99ers because employers probably won’t hire people who have been out of work so long.
It immediately broke his rhythm when he said it, and he was shaky for the next five minutes.
His prose after the employer comment was like ‘did I just really say that?’
Since the inception of establishing a “minimum wage” the very basic coin of the realm,the cent, has become valueless. Todays penny costs more to make than its assigned value. Even Canada stopped making them.
Yet this is not an argument for abolishing the coin itself. But to point out when a minimum wage is raised it affixes a given rate of inflation to the period of time it’s emplaced. All raising the minimum wage does actually is devalue the dollar because costs get adjusted in time to compensate to the increase.
A case in point is in the 1940’s a candy bar cost 5 cents when the hourly minimum wage was $.50 per hour. What does it cost today ? Likewise what were the costs of basic goods and services during that period of time as compared with todays basic wage feel good tinkering ?
Who gets hurt the worst when these adjustments are decreed by government? It’s those living on fixed incomes who’s income value is based on previous minimum wage levels but not adjusted to the previous current rates of inflation.
When these feel good socialists frauds under the democrat party banner propose these increases. That is never considered as they pound their breasts claiming they’re for the little guy. All they’re doing is un-necessarily raising the price on goods and services broadening the demand that those affected seek help from them.
Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
Ronald Reagan
If you subsidize unemployment you get more democrat voters. If you subsidize poverty you get more democrat voters. If you subsidize failure you get more democrat voters. If you subsidize perverts you get more democrat voters. If you subsidize crime you get more democrat voters.
It’s as simple as that.
I think that the records show most people on unemployment get a job about two weeks before their benefits run out. Which means they hold out as long as possible before taking maybe a job not as great as the one they lost.
We now have unemployment out to 2 years Like Newt said thats an AA degree.