Lake Erie Conservative

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Archive for the ‘judgement (financial)’ Category

… See What Happens [#economics][#substitution]…

Posted by paulfromwloh on Saturday,August 6th,2016

.. the folks in San Francisco raised the minimum wage up to $15 / hour . So what do you think would happen ? … Technology is substituted for human capital [people employed]…

.. [h/t — theRightScoop.com]..
.. [link] to the blog post …

.. could people be that oblivious to the advances in technology ? It appears so . The loonie lefties pushed thru this $15 / hour minimum wage , and they just assumed that there would be no response to it . Well they were found to be both idiotic and badly wrong at the same time …

.. this restaurant is a fascinating idea . It will also teach the loonies a tough lesson . The 21st century return of the Automat !! …

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Posted in economic opinion, judgement (financial), Law of Unintended Consequences, personal opinion, stupidity (financial) | Tagged: , , , , , , , | Leave a Comment »