Free Republic

Cal Matters reported that "no immediate hike in gas prices will occur" and that, according to experts, future impact is "uncertain."

That's a lie. Sellers of distillate fuels will try to pass the tax on to consumers, the exact amount of that price increase will vary. However, it is dead certain that the tax will raise the price. Anyone saying otherwise is lying.

$500 bond? Is that a joke?

In the video, this liberal airhead admits: "I haven't done all my research on this yet...". Indeed, I don't think she's done any research yet, or she's lying about what she did find out. Compare what this nutjob says with almost any other factual source. Talk about misinformation...

I'm not arguing that point. What I'm saying is that the employer cannot push ALL of the increased labor costs onto the consumer. Except for cases where the demand is completely vertical (i.e., perfectly price inelastic...almost never), any increase in any cost is shared between the company and its customers. See:

https://www.econgraphs.org/textbooks/intermediate_micro/firm_theory/competitive_firm/price_and_wage_responses

Note, you can drag the parameters using the bullets on the right side of the graph.

Side income is only part of the problem, but the article gives the impression that everyone is affected. Also, note the use of the "weasel word" used in the tag: "could". The result is a statement that can't be tested empirically.

Read my post...that’s not what I said. Also, this is not a 50 cent raise. In some cases, it’s a $4/hr change. Employers will respond to that.

It’s the gov’t who controls the flood gates and until now, they did nothing to stop it.

No, I'm not okay with it, but until the border is really closed, I understand why businesses hire them, but I don't agree with it. To stop it, the illegals should be sent back, but the employer should also be punished. However, I don't know the best way for that punishment to take place. If you put the owner in jail, the business may have to close throwing legitimate workers out of a job. Fines might do the job, provided they don't force closure of the business. It's a tight wire to walk...

No, they are not. The higher wage costs are pushed onto the customer as much as possible, but at the higher price, consumers buy less...especially in the short run. Less sold means fewer resources needed, including labor. Unless the demand for the product is perfectly price inelastic (almost never), price goes up and less is sold and some resources become unemployed...including labor.

[the federal minimum wage] remains stuck at $7.25. However, local governments have been moving the needle over the years, which is good news for workers, given the cost of living is at an all-time high.

Another "journalist" who doesn't know squat about economics. Supposedly, the minimum wage is designed "to help low wage, often young, minority, workers" earn a higher income.

Last night, employers knew they cannot sustain their current staff at the new wage. So, they look around for the least productive worker, who happens to be a young, inexperienced, often minority employee, to fire this morning. As a result, anytime there's an increase in the minimum wage, the next day there is an unemployment pool with workers saying: "Yeah, but if I had a job I'd be making more!"

Stupid.

Why is it greedy to try and get the best employees you can at the lowest price possible? That’s just good management. If the US is stupid enough to let illegals into the country, that’s one the gov’t, not the businesses.

This is a bull crap article. It’s made to sound like ALL social security payments will be cut. All this really amounts to is a review of people receiving payments to make sure they are eligible. This guy should be banned from writing.

I hope you’re wrong...

Man, I hope not. Even AOC seems more in touch with reality, and that’s saying a lot!

History is strew with the wreckage of Socialism from New Harmony to modern-day Venezuela, yet there’s always one idiot that thinks he is smarter than anyone else in history and wants to implement Socialism. I’d hate to see NYC disappear. Surely the voters of NYC aren’t that stupid.

Is anyone with at least one neuron still firing even watching CNN?

Electricity costs could go up by 30%...

Politicians use "weasel words" all the time. I can also say that electricity costs will go down by 30% because of the bill and Newsom has no evidence to prove me wrong. Proof positive that when he speaks, it's likely a lie and definitely a waste of oxygen.

Figures...

A crooked major? I’m shocked...not!

...“smart diplomacy” of the Obama era...

Seeing these words in the same sentence makes me think we should use this in the dictionary to define oxymoron.