Tag: Economics
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Minimum wage increase cause business to compensate… Go Figure!
File this under DUH! A business exists to make money. If it doesn’t make money it goes out of business. That’s it… end of story. When the cost of labor goes up the business’ profit goes down unless adjustments are made. One of two things have to happen. Either find a way to reduce the…
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U.S. digital dollar is coming
If you’ve been paying attention you could see this coming down Main Street for the last 10 years. This video from the Wall Street Journal, to me, shows that we are rapidly heading down the path of digital money. The implementation of this will be something to watch. No longer will we be able to…
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Warm and fuzzy thoughts for the day
People keep saying the country is divided and they blame President Trump. In my opinion, Trump was the festering infection that resulted from the virus of progressivism and Biden is like gangrene setting in. We need to chop off a limb or two in order to stop the infection from killing us. If you honestly…
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Delta uses taxpayers to restructure its business
How about that. Did you know tax payer dollars helped Delta Airlines to totally restructure their business? the company received $5.6 billion in federal aid from the CARES Act last year. It also got $3.3 billion from the second round of relief funding this year and $3.1 billion from the American Rescue Plan, which included some federal loans. ajc.com…
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There is one simple reason why there was a gas shortage… and it’s not the pipeline
They used to teach microeconomics in college. I don’t know if they do anymore and if they do are they teaching basic supply and demand? The simple reason why there was a gas shortage is that gas stations were not allowed to “price gouge”. Price gouging, as it is known and derided, is a mechanism…
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Things might get a little rough for the economy