Posted on 11/11/2006 4:08:13 AM PST by MadIvan
It was all bull because most Universities do not teach economics, they teach "Economics" . When the professor uses Greek looking symbols on the board and speaks dense argot he is a normal University Prof and also a fraud, unless he believes it himself, in which case he is a fool. Ronald Reagan got his degree in Economics, probably the only president who has studied it for real, in a college that taught real Classical Economics. He used his economic understanding of choice and motivation to bring down the Soviet Empire.
Just a few points for those that don't know why minimum wage should not be raised or be a state issue only.
The minimum wage is a starting wage, all of us have earned a minimum wage, usually when we are starting out work for the first time. We do a good job, work hard, aquire skills and get a raise, find a better paying job, with our new skills or go back to school when we figure out we cannot support ourselves on minimum wage and need to aquire more education, experience, skills.
If you force businesses to pay more for unskilled labor, they will lay off some of their employees, usually the unskilled ones, or they will cut back on the hours of all their employees, cut benefits, raise prices or all of the above.
The raising of the minimum wage will hurt the very people it is designed to help. The unskilled, undereducated, person who will be layed off first because he is not worth the extra money.
"minimum wage"-tag word
is only a 'secret handshake' to the Unions for their support..the minimum wage is not about teenagers, college students (who by the way do or will get perks in some big businesses like McD's and Walmart). If one things raising the wages for these kids is going to see them tucking it away in a college account, for the most part will be spent on designer clothes and beer on the weekends..
Good Lord! Where do they find reporters to write this tripe?
I do fear GWB will throw conservatives to the wolves. He has done it many times when republicans were in control of Congress (CFR, immigration, spending), so why should he change with democrats in control?
But the tone of this article - Americans voted for divided government, etc - reflects a total lack of knowledge about american politics. I do wish the reporters who breathlessly repeat polls before the election would bother to read the exit polls to find out what voters were really trying to do.
In some cases they said worse things about Reagan... but Bush has been attacked far worse.
LLS
Amen!!!
LLS
But, I'll check out the book.
;-)
Or best for the country, they will purge themselves of the Moonbat contingent that currently runs the party.
Mostly true about RR except that he later admitted he was wrong about the 1986 amnesty. He thought it would be a one-time act followed up with strict border enforcement.
GWB has that history to look at. Amnesty does not work. So why does he cling to it? Because it's about the North American Union and cheap labor.
McCain Fiengold, bridges to nowhere, rain forrest in Nebraska, caving in to RATS, open borders and amnesty....the list goes on. He is/was better than Gore or Kerry but deserves a lot ofthe blame for the demise of the Republicn base. Good bye Mr Bush....wish you well.
Consequences?
Let's boost the cost of keeping the low end segment of the population employed 40%. Let's discourage business owners from hiring young people, older people and anyone who wants and needs a job but doesn't have skills. Let's encourage businesses to reduce their labor costs by firing people. Let's jack up labor costs on businesses so we can all pay higher prices. Minimum wage laws limit job openings because if a business can afford to have 5 people working there for $30 an hour then under new laws they can only afford 4 people to work there.
I realize that most people want to go by what's "fair" but you can bet the will notice when they go to Starbucks in the morning and find one less person behind the counter to get them their muffins or the cost of their gay latte drink goes up 15 cents.
Sorry Ivan, with all due respect, but Republicans lost because of an apparent fealty on the illegal immigration issue, and embracing the "big tent" philosophy while ditching their core voters.
To put it mildly, which nobody wants to admit, is that the core was and is conservative Christians.
The terrorists would be dictating the terms of our surrender. The economy would have tanked after 9-11 and Katrina if not for the Bush tax cuts.
I'm thankful for President Bush.
Everyone is betting on an Iraq and WOT pullout by the end of 2007. If Bush doesn't have a spine and doesnt wield the veto pen, count on this happening.
As always, you are dead on!
LLS
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