Lake Erie Conservative

thoughtful discussion(s) about issue(s)

Posts Tagged ‘laws of economics’

… Anyone wonder Why ?!?! [#His Lordship][#Economic Illiteracy]…

Posted by paulfromwloh on Wednesday,October 26th,2016

.. why POTUS is such a disaster as a so – called ” leader of the free world . ”

.. believe you me , that dunce cap on his head is very well earned …

branco cartoon (potus economic illiteracy)

.. [h/t — ComicallyIncorrect.com]..
.. [link] to the cartoon …

.. I wonder what grades Obama got in economics in college , or , whether he even took economics at all …

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… You Idiots Pushed for It [#You live with It]…

Posted by paulfromwloh on Tuesday,October 25th,2016

.. recently the Los Angeles City Council adopted , believe it or not , a minimum wage of $15.00 per hour . Yes , you heard it right . They jacked it up to that much ..

.. now the Unions who pushed for the higher minimum wage are realizing that the Laws of Economics do still apply . They realized when you jack up the price of an hour of labour above the market rate , there will be fallout in the market . The amount of labour supplied will soar , but the demand for labour will collapse . Also , employers will take actions to substitute for the change in the market rate floor …

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

.. so the Unions want exemptions from the new minimum . Un – uh . You bought it , you broke it , folks !! …

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… California and the Drought [#subsidies]…

Posted by paulfromwloh on Sunday,August 14th,2016

.. what is the simplest fact in California ..

.. the price of water is priced artificially low ..

.. what does that cause ? Plenty of problems …

.. [h/t — Bloomberg.com(News)]..
.. [link] to the blog column …

.. what does the act do ? the misallocation of resources ..

.. you do not get the most efficient use of water for the price that is charged …

.. so , how do you get it ? allow water to be charged for at market rates …

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… California and the Drought [#economics]…

Posted by paulfromwloh on Saturday,August 13th,2016

.. uh guys and gals , you have to manage both sides of the equation ..

.. that means some basics of the Laws of Economics . it is not just managing the demand side of the equation , either , You also need to pay attention to the supply side , too …

.. California is a huge state . If it were considered separately from the rest of the US , then it would have the world ‘ s sixth or seventh largest economy . So , you cannot ignore things , and wish that they will just go away . You have to manage both sides of the equation …

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

.. California has grown enormously over the last 50 years . how many new sources of water [lakes and reservoirs] have they created in that time ? A grand total of Zero . Not one …

.. uh , folks , you have to pay attention to your supply problem . Right now , you idiots are not doing a damn thing about it . You are afraid to do anything about it . Also , the ecosocialists have an outsidez amount of power in LoonieLand , thus blocking any new sources of water storage being built …

.. Well , look off your coast , dummies . You sit on the coast of the world ‘ s biggest ocean — the Pacific Ocean . Many Middle Eastern nations have introduced a great deal of desalination plants . Well , you have to do it , too …

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… the True Path of ” Trickle – Down ” Economics [#tax and borrow and spend]…

Posted by paulfromwloh on Thursday,July 28th,2016

.. although , it is not what you think that it is …

.. the tue path of ” trieckle down ” economics is ” tax and borrow and spend . ” Those idiots do not know the meaning of the words ” spending restraint … ”

.. [h/t — ComicallyIncorrect.com]..
.. [link] to the cartoon …

.. and it is the middle class and the poor who end up getting screwed …

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… Big Surprise [#ObamaCrapCare rates in Florida]…

Posted by paulfromwloh on Tuesday,August 12th,2014

.. from news reports …

.. the news reports on ObamaCrapCare rates for the coming year are coming in . So , what happens ?? …

.. [h/t — HotAir.com]..
.. [link] to the blog news ..

.. double – digit increases …. what a big surprise ?? …. told ya so ….

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