Category: Capitalism and Economics

And I’m not shedding any tears. All the oil dictatorships are crumbling.

OPEC has been cutting production, and begging the U.S. to stop producing oil as well…they lost $76 billion last year, and there’s still an oil glut. Shale producers are drilling our way to prosperity, whatever Obama thought, and OPEC can’t affect the market anymore.

Bjorn Lomborg gives some perspective to the numbers.

Bjorn Lomborg points out the problems with Biomass subsidies.

Venezuala’s Maduro tries to ameliorate the situation by raising the minimum wage.

The true minimum wage is always $0. And when you mess up the economy as badly as his group of socialists have, the currency is also worth $0.

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



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.