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Nov 13, 2016 ~ Paul Ryan releases 'A Better Way' - path for country to move forward to sustainably fight poverty and provide health care, addresses the problem of not being worth it to find a job because of lost benefits - being totally ignored [Economics, Entitlements]
Dec 1, 2016 ~ John Stossel, 'Thanksgiving Tragedy' - Pilgrims started with socialism and many starved - 'tragedy of the commons'. No one had incentive to work. They thrived after embracing private property - Bureau of Indian Affairs keeps Indians in poverty today because of the same problem [Economics, Socialism, John Stossel]
Dec 20, 2016 ~ David S. D'Amato, 'The Importance of Free-Market Banking Reforms' - Dodd-Frank has made it very difficult for smaller banks to compete with larger banks which can better absorb all of the increased costs - consumers are big losers. [Economics, Regulations]
Dec 31, 2016 ~ Ed Rensi, 'Thanks To 'Fight For $15' Minimum Wage, McDonald's Unveils Job-Replacing Self-Service Kiosks Nationwide' - Predictions were right - Jobs lost, businesses closed - purpose was always to enrich SEIU members whose salaries are tied to the minimum wage. [Minimum Wage, Economics, Unions]
Dec 31, 2016 ~ Walter Williams explains how sugar tariffs are harmful. For each 'sugar growing and harvesting job saved through high US sugar prices, nearly 3 confectionery manufacturing jobs are lost'. Consumers pay higher prices. Less money for other goods. Trade barriers harm employment. [Walter Williams, Economics, Tariffs]
Dec 31, 2016 ~ Thomas Sowell retires - many celebrate his career and write tributes to an intellectual giant in economics and clear thought. [Economics, Politics]
Dec 31, 2016 ~ Minimum wage hikes create 45,000 new robot jobs at Amazon as they are forced to automate jobs where it used to be cost effective to use people. Democrats will never get that you can't make people worth a certain salary by making it illegal to pay less. [Minimum Wage, Economics]
Dec 31, 2016 ~ Pat Buchanan, 'Trump Right on Trade Predators' - According to the WTO, Britain, France, Spain, Germany and the EU pumped $22 billion in illegal subsidies into Airbus to swindle Boeing out of the sale of 375 commercial jets and other examples. Taken advantage of. [Trade, Economics]
Jan 15, 2017 ~ Larry Elder, 'Living Wage Is as Wrongheaded as the Minimum Wage' - Arguments against the minimum wage are so basic to economics that even left wing economists like Krugman and Jonathan Gruber got it. Living wage is just another phrase for minimum wage. [Larry Elder, Economics, Minimum Wage]
Jan 22, 2017 ~ Friedrich Hayek and his teacher Ludwig von Mises dismiss the idea of 'social justice' - there is no such thing - The 'social justice warriors' of the past gave us communism, the worst poverty the modern world has ever known [Economics]
Jan 22, 2017 ~ Ben Shapiro, 'The Myth of the Stagnating Middle Class' - Many people believe the middle class is disappearing but the facts do not bear that out - in fact, much of the old middle class has moved higher and is now upper middle class. [Ben Shapiro, Economics]
Feb 13, 2017 ~ Dennis Prager, 'Audi - The Car for the Unhappy Woman' - Lying Superbowl ad that perpetrated the myth that women are paid less than men - its been debunked so many times its depressing that it keeps coming up but it's an important democrat talking point, fake as it is. [Dennis Prager, Gender Pay Gap, Fake News, Economics]
Feb 22, 2017 ~ John Stossel, 'Repeal! No, Wait!' Stossel explains why regulations are so hard to undo no matter how bad - gives several examples of horrible regulations that were impossible or nearly impossible to repeal due to special interests. [John Stossel, Regulations, Economics]
Mar 13, 2017 ~ Tyler Durden, 'Minimum Wage Massacre - Wendy's Unleashes 1,000 Robots To Counter Higher Labor Costs' - others follow - predictable as the sun rising but the left will never stop harming the very people they claim they are helping. Legislating prices and wages doesn't work. [Minimum Wage, Economics]
Mar 30, 2017 ~ Shapiro, 'Health Care Is a Commodity, Not a Right' Treating it as a right has driven up cost tremendously. Treating it as a commodity would reduce prices with more competition and profit incentive. 'Rights that derive from individual need inevitably violate individual autonomy.' [Ben Shapiro, Economics, Health Care]
Apr 29, 2017 ~ The true cost of California's minimum wage hikes - CA business owner explains how he has to deal with them - not just layoffs and business failures - people above minimum wage can't get raises - high performers can't be rewarded [Minimum Wage, Economics]
May 13, 2017 ~ George Will, 'Who Wants to Be a Billionaire (in 1916)?' How far American Capitalism has taken people - 'Americans today of all means live longer and better than the very wealthiest did a century ago' including billionaires in 1916. [Economics]
May 13, 2017 ~ Sowell and Moore explain Supply Side Economics again and how cutting taxes have several times in the past led to the rich paying more taxes and the government getting more revenue due to economic growth - 3-4% growth will slay deficit provided spending does not rise faster. [Economics]
May 13, 2017 ~ Walter Williams, 'Trade Ignorance and Demagoguery' Economist Walter Williams explains again why trade deficits are not a problem to be solved and trying to solve them will do more harm than good - his best attempt. [Walter Williams, Economics, Trade]
May 16, 2017 ~ Stephen Moore, 'Obamacare Taxes Are Dangerous to Your Health and Wallet' Repeal of Obamacare Taxes help everyone by allowing hiring and the economy to grow - they are not tax cuts for the rich. 'every one of the taxes was counterproductive' [Economics, Health Care, Obamacare, Taxes]
Jun 4, 2017 ~ Female CEOs out earn Male CEOs. Median compensation of female CEOs is several million dollars higher than male CEOs. Must be sexism - the government must DO SOMETHING to fix this. [Gender Pay Gap, Sexism, Economics]
Jun 11, 2017 ~ Rick Moran, '85% drop in food stamp recipients in AL counties where work requirement restarted' according to the Alabama Department of Human Resources. Predictable. 'During the Obama administration, the number of SNAP participants nearly doubled - as did the SNAP budget.' [Trump Win, Economics, Entitlements]
Jun 19, 2017 ~ 3 things that prevent poverty no matter your race - finish high school, get a full-time job -any job-, and wait to be married before having your first child - skip any of these and you are likely poor no matter your race - fathers are key [Poverty, Economics]
Jun 21, 2017 ~ Stossel argues that these billionaires giving away a lot of money would help more people by using the money to do more of what made them billionaires - create jobs and products that have benefited us - much of their given money is wasted [John Stossel, Economics]
Jun 25, 2017 ~ Many Top Tech Titans Praise President Trump at White House Meeting - Praise his Innovation Council and its effort to modernize America's computer systems that are far behind in many respects - the unhinged left not happy [Trump Win, Economics]
Jun 27, 2017 ~ 'If you have been voting for politicians who promise to give you goodies at someone else's expense, then you have no right to complain when they take your money and give it to someone else' - Thomas Sowell [Economics, Politics]
Jul 9, 2017 ~ US nonfarm payrolls total 222,000 in June vs 179,000 expected - Trump signs an executive order seeking to expand apprenticeship and vocational training, close the skills gap and reduce regulatory burdens. [Trump Win, Regulations, Economics]
Jul 15, 2017 ~ Maine restaurant workers successfully lobby to reduce their minimum wage. They understand economics better than liberal politicians who are busy 'helping' people out of jobs and wages elsewhere. Now St. Louis reduces their minimum wage from $10 to $7.70 for same reasons. [Minimum Wage, Economics]
Jul 25, 2017 ~ The whole reason we have employer paid health insurance in the US is because FDR imposed price and wage freezes during the depression to stop inflation - companies had to use benefits to attract the best workers [Economics]
Jul 29, 2017 ~ Minimum Wage Laws are Destroying Jobs - Just as Predicted - Study by University of Washington Economists - workers making $125 less per month than they were before the increase - most affordable places hit hardest - many thousands of jobs destroyed, restaurants closed [Minimum Wage, Economics]
Jul 30, 2017 ~ Everything costs more when government builds it - Stossel talks about a $2 million park bathroom and other ridiculous examples to show how wasteful everything is that is done by the government [Economics]
Aug 1, 2017 ~ John Stossel, 'Chomsky's Venezuela Lesson' Left Wing Useless Idiots like Chomsky, Moore, Penn, Stone still won't admit Venezuela is another massive failure of Socialism as it predictably descends into poverty and chaos. Stossel provides a long list of similar nation fates. [John Stossel, Economics, Socialism]
Aug 6, 2017 ~ BET television network reports on disparate impact on black teens of minimum wage rise. 'Black Teens Are Fired When the Minimum Wage Rises' Economists Walter Williams and Thomas Sowell have been explaining this for decades but it comes as surprise to dems ignorant of economics. [Minimum Wage, Economics, Race, Walter Williams]
Aug 7, 2017 ~ Scott Rasmussen, 'Automation is Nothing New' In 1900 33% of Americans worked on farms, now its 1% displacing millions of workers - tons of examples of new jobs created when old jobs wen away. Don't need Universal Basic Income to deal with it - Global Trade still good for workers. [Economics, Trade]
Aug 12, 2017 ~ Michael Tanner, 'Entitlements Are Out of Control. We are entering an economic death spiral' Totally unsustainable and getting worse. People rebel at the slightest cut back or slowdown in growth no matter how small. Bankruptcy is almost inevitable. [Entitlements, Debt, Economics]
Aug 26, 2017 ~ Michael Tanner, "The Problem with the 'Otherwise, People Will Die' Argument for Big Government" Economic growth does more to save lives than any government program ever could. Big government and high taxes reduce economic growth. Nothing kills like poverty. [Economics, Entitlements]
Sep 3, 2017 ~ Price Gouging - John Stossel tries to explain yet again why the anti-gouging laws are counter productive in a disaster. If prices are not free to equalize supply and demand, shortages result blocking people who really need something, enabling people who don't need it to stock up. [John Stossel, Economics]
Sep 24, 2017 ~ W. Bradford Wilcox 'Why Marriage Matters, It greatly reduces the risk of poverty' You are almost certain to avoid poverty if you follow the 'Success Sequence'. Finish high school, get married and start a family IN THAT ORDER. 97% of millennials who did that are not in poverty. [Poverty, Economics]
Sep 25, 2017 ~ Tom Purcell, 'Spending Other People's Money' - when landlords charge a flat rate for utilities, renters run up bills many times what they otherwise would - this is exactly why government provided services cost so much. When things are 'free', people over consume. Basic economics [Economics, Entitlements]
Sep 28, 2017 ~ Ryan Bourne, 'Corporate Tax Cuts Would Benefit Ordinary Americans' - 'lower corporate-tax rates increase GDP and boost worker wages'. The majority of corporate taxes come out of wages - maybe 70% - a smaller amount is taken from investors and the rest are passed to the consumer. [Tax Cuts, Economics, Economy]
Oct 21, 2017 ~ Jonathan S. Tobin, 'Chicago Repeals Its Soda Tax' - Even liberals fed up with the nanny state - tax hit the poor the hardest and did not have the desired effect as was easily predicted. It neither decreased soda consumption nor raised revenues. [Regulations, Economics]
Oct 26, 2017 ~ Dudley Dough, the Boston pizza restaurant based on the principles of 'economic justice' and 'fair wages' went out of business. No one who understands actual economics is surprised. Its failure illustrates the unworkability with a high minimum wage. [Minimum Wage, Economics]
Oct 29, 2017 ~ Steve Moore, 'A Lifetime of Taxes Is Enough'. Moore argues against the death tax - the ultra rich avoid it with trusts and estate planning - mostly hits family businesses - kids have to sell the business to pay the tax. [Taxes, Economics]
Nov 12, 2017 ~ Thomas Sowell said 'It takes considerable knowledge just to realize the extent of your own ignorance' - Good economists know how impossible it is to centrally control any aspect of the economy due to that ignorance [Economics]
Nov 12, 2017 ~ Rachel Marsden 'The Myth of Economic Prosperity Through Mass Immigration' 'The idea that more immigration will increase economic productivity runs counter to the facts of technological advancement' Labor market shrinking due to automation. How will all the new arrivals find jobs? [Economics, Immigration]
Nov 12, 2017 ~ Kevin Williamson, 'The Myth of the Idle Rich' - very few people have life of leisure by inheriting - most who are wealthy have worked hard for it and continue to work hard - most put their money to work to benefit the economy etc. [Kevin Williamson, Economics]
Nov 13, 2017 ~ Stephen Moore, 'Why the Left Has Been so Wrong About the Trump Boom'. Many quotes from prominent left wing economists and politicians about how impossible it would be for Trump to get to 3% GDP and he's exceeded it already. [Trump Win, Economics]
Nov 20, 2017 ~ John Fund, 'Japan's 'Lost Generation' of No Economic Growth' - High Taxes and High Regulations were to blame - whenever the growth did not materialize, they doubled down and increased taxes and regulations more - let's not repeat their mistakes here. [Taxes, Economics]
Nov 30, 2017 ~ John Stossel, 'The Evil Rich'. Democrats 'routinely portray rich people as parasites who take from other people.' The rich don't get rich by taking more of your pie. They get rich by baking new pies. They are actually underpaid vs. how much they contribute to our lives. [John Stossel, Economics]
Dec 5, 2017 ~ Bruce Bialosky, 'Taking Advantage of Women'. One reason for the apparent gender pay gap - there is essentially no overlap between the top 10 careers chosen by women vs. the top 10 chosen by men - men and women do completely different jobs for the most part. Not apples to apples. [Gender Pay Gap, Economics]

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