Category: Capitalism and Economics


Socialists never learn from their failures.

And he lost big.

150% of nothing is still nothing. You can’t legislate economics.

A $15 minimum wage will be devastating.

The true minimum wage is always $0

Gurgaon

Excellent.

Showing just what a crappy job Democrats have done with the economy.

Trying to protect restaurants from having to innovate.

Contrary to the doom and gloom predictions.

It’s 28% what it would have been had regulations remained at 1949 levels.

That’s right: if regulations hadn’t grown the estimate for the size of our economy is $53.9 Trillion instead of $15.1. Think how many issues we currently have that wouldn’t be a problem if our economy had that kind of money.

Do you like Airbnb and Uber? Democrats hate that they disrupt their careful system of graft and monopoly, which is why you see cities like San Francisco acting to shut them down.

You can’t keep spending forever.

Berkeley fires hundreds of staff after $15 minimum wage that they touted goes into effect.

2-Day work weeks for government workers, and rolling blackouts across the country.

Ah, socialism.

Not a surprise, this is actually a pretty common pattern, which is why Unions openly admit they’re fine with jobs being lost – lost jobs are a feature, not a bug.

If you factor in cradle to grave CO2 production it’s 34 tons of CO2 instead of an Audi A4’s 35. Which costs £5 on the EU emissions trading system, but the Tesla is being subsidized £4,500.

So don’t buy one because you think you’re being green. But they are cool.

It’s not just the U.S. that has a pension bomb – many European countries have promised their public sector workers pensions in excess of 300% of GDP.

The leftist model utterly fails when it encounters math.

It wasn’t a story of wall street fat-cats exploiting loopholes, like the movie makes it out to be. It was a story of government setting up a perverse set of market incentives that crashed the entire system.

Remember, Bush tried 5 times to fix Fannie Mae and Freddie Mac, and Democrats stopped him, saying they wanted to roll the dice on this a little while longer.

Oh look, once again we’re exactly right about what the economy was going to do.

It’s not about the money, but about the differences in the habits between the groups. In other words, poor people could live longer if they chose a different set of habits, and they’d probably end up wealthier, as well.