Blog Archives

Broken Window Fallacy and Obamacare Jobs

train oil spill

The broken window fallacy lies in ignoring hidden damage when counting visible success. The broken window fallacy is everywhere in economics today. It basically claims that sophisticated economic analysis will see economic good news in economic bad news. One of

Posted in Economics, Healthcare, Obamacare Tagged with: , ,

Target Raises Wages because of Market Pressure, not Politics

target dog

Should activists congratulate themselves when Target raises wages? Not much. Target stores have announced that they are raising their lowest wage to nine dollars an hour. Since the story at the Wall Street Journal site is tucked behind a paywall,

Posted in Economics, Economy, Employment, Jobs Tagged with: , ,

Why France Lost America, and Washington Will Lose It Too

GOP Dems dome

Washington will lose because aloof arrogance destroys the ability to lead. My kids aren’t in the State Indoctrination Camps, we homeschool. I teach world history to homeschoolers every Friday as part of a local tutorial. I love history and firmly

Posted in Economics, Government Control, History Tagged with: , ,

American Economy “Unexpectedly” Bad

Economy Flag

Economists are “surprised” that American economy is doing so poorly. I think the best way to read economic news is to put some words in quotation marks, implying sarcasm. Our economists operate on the premise that they want to boost

Posted in Economics, Economy Tagged with:

Minimum Wage: Income Gap Widens in Seattle

seattle

Raising minimum wage doesn’t solve the income gap; it aggravates the income gap. Supposedly, a higher minimum wage is needed to deal with the income gap. But Seattle is showing us not only does a higher minimum wage not address

Posted in Business, Economics, Employment, Jobs Tagged with: , ,

Declining McDonald's Mocked for Resisting Higher Wages

ronald mcdonald sad

Why is McDonald’s mocked for trying to stay afloat? Cory Doctorow at BoingBoing is all outraged that McDonald’s is fighting Seattle’s tremendously high minimum wage. He can’t believe that people who are merely being forced to do things against their

Posted in Economics, Economy, Jobs, Liberalism Tagged with: , ,

Populace Not Fooled; Obama is Tool for One Percent

Obama-money

A majority of Americans recognize that Barack Obama is the One Percent President Who has Obama helped out during both his terms in office thus far? Are poor minorities better off than they were a decade ago? Have Middle Class

Posted in Economics, Economy, Politics Tagged with: ,

Private Security Makes Neighborhood Safer and Reduces Crime

seal security

A Houston neighborhood decided to not renew a contract with a constable, and instead got better service for less money from a private security company. I’ve written in the past about private companies and individuals supplying security for communities that

Posted in Business, Economics, Government Control, Law Enforcement Tagged with: , ,

The Turn Away from God means Idolizing Government

idol

We are idolizing government and building fascism into our nation; the problem is spiritual. Throughout Barack Obama’s Presidency many have accused him of supporting Socialism. Of course, given the historical and dictionary definition of the term, that is not accurate—government

Posted in Economics, Economy, Government Control, socialism, Tyranny Tagged with: , , ,

Walmart Raises Wages; Still Getting Complaints

wal-mart

While Walmart raises wages, activists are getting ready to force the company to give employees more hours. People have been using Walmart as a punching bag for years. They make all kinds of accusations against the company based on their

Posted in Economics, Economy, Employment, Liberalism, Media Tagged with: ,

Raising Minimum Wage Is Just Promoting Automation

mcdonalds robot

If raising minimum wage really worked, then why not raise it to a hundred dollars an hour? Happy Day, Hal. You’re hired! Touch-screen Number Five… you’re alive! Via the Daily Signal: The president only has to look at McDonald’s restaurants

Posted in Business, Economics, Employment, Government Control, Jobs Tagged with: ,

Independent Bookstore Closes Due to Minimum Wage Hike

minimum wage

How is minimum wage going to help people when it takes away their jobs? Here is the website of one of those glorious independent bookstores. From the store’s About web page: We love books. They’re our friends. Good books and

Posted in Business, Economics, Economy Tagged with: ,