Why, thank you for asking. I would be honored to share, though it's difficult to choose a favorite!
"Wherefore, redemption cometh in and through the Holy Messiah; for he is full of grace and truth. Behold, he offereth himself a sacrifice for sin, to answer the ends of the law, unto all those...
Because I understand and value the truth, I am not fearful of any movement. That being said, I am mindful of the civic ignorance of many of my fellow citizens, and am aware that competition among ignoramuses poses a real threat to society. I mean that seriously and sincerely; it's not intended...
I knew that coming in, which is why I wanted to be clear that I wasn't expecting the hypothetical to be extended in any particular direction. Bring out the complications!
I don't know that it is a fact that many low-wage jobs are needed. Such is a function of free exchange. Human beings have...
LOL, that's definitely good for a chuckle. But folks are serious about their beefs with the systems they blame for the economic struggles of persons making low wages. Here you've created a hypothetical person in a hypothetical situation, so you may define all other conditions as you like, but...
In a free-exchange system, that is determined by the parties involved, which is why I think it's inappropriate for any outsider to meddle or cast judgment.
I agree that no business relationship ought to be allowed where there is a human rights imbalance.
This I do not understand. Capitalism...
I've been following this discussion silently for the last couple pages. It seems to me that some things are getting lost in translation.
When I hear Stevicus talking about capitalists not working, what I understand is being talked about is a capitalist investing capital in some enterprise in...
Sure, but the data don't support the claim that the pandemic reversed gains from a wage increase. They show an oscillation tight to an MIS baseline, with a direction change after the pandemic. Actually, for those on the lowest end of the MIS, the direction change occurred a year before the...
https://www.jrf.org.uk/households-living-below-a-minimum-income-standard-2008-2022
Read through this page. Look at the data. Look at the conclusions.
Table 1a: Number of individuals in households below MIS (millions), 2008-2009 and 2021-2022
2008-2009
2021-2022
All individuals
16.5...
Here's a very simple example using a starting min wage rate of $15 per hour. Other numbers are not intended to be accurate to anything; just examples to show how a business that needs 20% profit margin will offset a minimum wage increase. Note that no change in overhead or CoGS occurs; all...
I thought CA had one of the highest debt-to-income ratios in the nation. If so, that would suggest that the average Californian isn't affording to live there very well. Just sayin'.
Why would we feel good about any legitimate business closing due to government putting its thumb on the scales? That's an unforgivable civic "FAIL." Government should never be involved in picking, or creating, winners and losers. That is one of the primary paths to civic discord and social...