Tag: Economics
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The inequities of professional basketball
In our woke world and the call for equity in results instead of equality of opportunity professional basketball needs a modern day overhaul. LeBron James makes a lot of money. It’s well deserved. No one currently has the talents he has on the basketball court. He’s accomplished and dominates his sport. But yet the WNBA,…
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Idiotic WSJ article on minimum wage ignores supply in deference to demand
The article linked by this post is utter nonsense. They infer that people can’t afford housing because the minimum wage is too low. They report nothing about the lack of housing being built and government policies in most large cities preventing developers from increasing the supply. The biggest expense for most Americans—housing—is unaffordable for people…
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The U.S. income boost shell game
The government of the United States is playing a dangerous shell game with our money. Look at the headline above. This is the fakest of fake news that I have ever read. It gets even worse in the article. U.S. household income jumped 10% in January as the government delivered stimulus payments to households and…
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Scared of what is not dangerous
We’re now reaping what we have sowed. Anti-bullying, participation trophies, helicopter parents, no keeping score, no more valedictorians, safe spaces, cancel culture, and on and on and on. We’ve been softened to the point where we are scared of things that aren’t dangerous. We have met the boogeyman and he is us. Imagine if an…
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LA Times finally wakes up and realizes that collapsing economies do more harm than viruses
How are the United States and other developed nations supposed to help when we’ve shut down our economies? As many fathers scream at their children, “Money doesn’t grow on trees!” Born and raised in Brazil’s drought-ridden northeast, she moved with her partner to Rio de Janeiro in 2018, in search of work. He was hired…
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Boston University Failed AOC
She is so poorly educated. It’s unconscionable that she received a degree from Boston University. They should refund her money or shut down the economics department if this is the kind of nonsense they teach.