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Random thoughts and interesting tidbits. . .
. . .focused on current economical and political events.
"But rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law,' because law is often but the tyrant's will, and always so when it violates the right of an individual."
Thomas Jefferson
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January
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- Murray Rothbard On The Founding of the Fed
- Minimum Wage Laws Destory American Samoa Economy
- Can I Move To Texas?
- 20 to 30 Years of Global Cooling?
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- Market St. In San Francisco, 1905.
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January
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13 comments:
What a disgusting video! People not profits! Reign in the corporations with guns! Make them pay a livable wage! Stop them from driving the average wage down to Third World levels, BECAUSE globally there is enough workers who want to work no matter what!
In short, no it is not the minimum wage that causes a loss of jobs; instead, it is the free market political ideology that allows corporations to move anywhere and pay any wage that causes the loss of jobs.
Right, so the US government should have taken over the tuna companies in the American Samoa and then have the American tax payer subsidize the losses incurred by having to pay the workers in the American Samoa higher wages?
No, it is a prime example of a fallacious, cynical argument.
Then what should have happened to prevent the tuna manufacturers from moving?
It is not a question of what should have happened, but what should be happening.
I'll try to ask the question in a way that might provoke an answer from you.
Problem: Due to legislation by the US government, the minimum wage in the American Samoa has been increased to a point where tuna manufacturers (the island's largest employer) no longer find it profitable to manufacture on the island and have left.
Solution: (please insert your solution here)
An answer which would have prevented the situation from occurring would also be acceptable.
A left-wing ideology, of course.
So..cotton candy and puppy dogs?
No, the implementation of the SUCCESSFUL social polices of North America and Europe over the last 60 years on a global scale. Eliminate the corporations right to pay slave wages and you will see the greatest explosion of human potential ever seen.
OOOOHHHH RIGHT! Cotton candy and puppy dogs!
The last 60 years have been successful, Josh. You can't deny it, so you say "cotton candy and puppy dogs". Good job!
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