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Economics & Taxes Archives

Irony, or ignorance?

Irony, or ignorance?

There is no religious test to hold governmental office in Colorado, but the Denver City Council wants to institute one for business owners. If you don’t have the right beliefs, they don’t want your jobs.

A study has pointed out just what caused the housing market crash and recession, which hurt the poor so much. Of course, it’s a government program that was supposed to help the poor. Unintended consequences, indeed.

And another drive-by graphic, proving how little Democrats really understand the ideas they say they are against.

Mentioned links:

Chick-fil-A location at DIA paused after Denver Council cites chain’s LGBT stances

No Religious Test Clause [Wikipedia]

Robin Kniech (Denver City Council)

New study confirms economy was destroyed by Democrat policies

“Consider This!” Facebook page for the “Drive-by Graphic”

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Dealing with the fallout, Dan Price

Dealing with the fallout, Dan Price

I came across an article that described one man’s transition to pro-choice, and I have to say, it’s persuasive. Let’s take a listen to his reasons, and see if you are convinced.

(And then let’s all exhale. You’ll understand when you listen to the episode.)

Dan Price of Gravity Payments set a minimum wage of $70K/year and dropped his pay to that level. He was hailed as a hero 4 months ago, before any fallout from the change had even occurred. Well, some things have fallen out, so let’s revisit Dan and see how his decision has played out.

Mentioned links:

10 reasons why I’ve decided to become pro-choice.

3 Week Mark: Nets Spend 92 Minutes on Cecil the Lion; 20 Minutes on Abortion Videos

A Company Copes With Backlash Against the Raise That Roared

Why A $70,000 Minimum Salary Isn’t Enough For Gravity Payments

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It's all Greek to him

It’s all Greek to him

There are lessons to be learned from the tragedy in Greece. The question is, will the people of Greece learn them? Oh, and I guess a second question is, will we in the US learn them? Why did Greece keep pursing policies that kept their boat sinking, and why is one major US presidential candidate who is a socialist gaining so much support?

And the American Civil Liberties Union has finally shown where it will draw the line. Turns out that it will defend any civil liberty except the religious kind. You know, one that is spelled out clearly in the Constitution?

Mentioned links:

Greece Given Until Sunday to Settle Debt Crisis or Face Disaster

Greece’s IMF Collapse Shows America what Default Looks Like

Greek socialism and EU imperialism are both to blame for the euro crisis

Greek deal in sight as Germany bows to huge global pressure for debt relief

ACLU: Why we can no longer support the federal ‘religious freedom’ law

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Three years old!

Three years old!

This is the Consider This podcast, which recently passed its third anniversary, bringing you conservative commentary, and your feedback, in 10-minute-or-less chunks, since June 14th of 2012. I’ve left the terrible twos and am entering the thrilling threes! And just like the 1st and 2nd anniversaries, the time limit might just take a holiday for this episode.

I’ve got kind of a general topic for this anniversary. I’m going to explain, not why I’m conservative, but why I’m not a liberal. The launching point for this will be what seems to me the Liberal Utopia society would be, and why it doesn’t really work or why I believe that some features are really problems.

Mentioned links:

List of countries by energy consumption per capita

Consumption by the United States

The top 1% and what they pay

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Who did this?

Who did this?

What would one-party rule look like? If a single political party could run things for at least a generation, could we then look at the results after that time and determine how good or bad those policies were?

With respect to the Presidency of the United States, it’s hard to do that. The party in power changes so often. However, for many large cities, the party in power has been there for 50 years or more (with the occasional 1-term opposition party exception). It’s much easier to make a determination in these cases. And even with a state governor of the opposite party, mayors do have enough power to minimize the governor’s influence.

So who’s been in charge, and how has it worked out? Listen in, and leave your own feedback!

Mentioned links:

Moody’s downgrades Chicago debt to ‘junk’ with negative outlook

Following City, Chicago Public Schools Credit Rating Junked

Mayor of Chicago [Wikipedia]

List of mayors of Detroit [Wikipedia]

List of mayors of Baltimore [Wikipedia]

Los Angeles homelessness rises 12 percent amid slow economic recovery

Mayor of Los Angeles [Wikipedia]

Hogan funds pensions, but nothing more for schools

Baltimore Received $1.8 Billion from Obama’s Stimulus Law

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Dan  Price of Gravity Payments

Dan Price of Gravity Payments

CEO Dan Price of Gravity Payments decided to raise the wages of all his employees to a minimum of $70,000, while reducing his almost-$1 million salary down to that same $70,000. The Left love it, the Right hated it. But we don’t know how it will turn out, so it’s too early to celebrate. And if this little microcosm of what some have called “socialism” fails, will we even know? It’s being done in an economy of capitalism all around it, which could mask any problems.

Mr. Price said, “As much as I’m a capitalist, there is nothing in the market that is making me do it.” But let’s take a look at his motivations and his actions, and it doesn’t sound like he understands the meaning of the terms “capitalism” or “market”. Which is not good news for people, like his employees, who are depending on his economic decisions.

Mentioned links:

Seattle boss raises entire company’s minimum wage to $70,000

$70,000 promise brings flood of new clients and job applicants

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Episode 100!

Episode 100!

Well, I made it all the way to episode 100! If you’ve been listening, thanks so much. If you haven’t, might as well start now.

I start out the show with greetings and feedback from listeners. Yes, there are people out there actually listening to this, and I appreciate it very much.

Then we take a trip back to Camelot, as Mark Twain’s character did in “A Connecticut Yankee in King Arthur’s Court”. In that book, there is a short chapter about … economics. No, really. And it’s trying to teach a lesson that, over a hundred years later, we’re still having to relearn.

Mentioned links:

Hornet Archives (MOD/Tracker music)

A Connecticut Yankee in King Arthur’s Court, chapter 33 [Project Gutenburg]

10 Nations With the Highest Minimum Wage…and What They Pay For It

This is how the minimum wage is actually hurting workers

Wal-Mart Pay Raise Tops Minimum Wage For Half-Million Employees

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Beware of  "free" stuff

Beware of “free” stuff

Seems like the more ObamaCare(tm) is implemented, the less the American people like it. First of all, a liberal, Ivy League university has sent its students into an uproar. They want to #FightTheFee that they’ll be charged for not buying the university’s health insurance. Welcome to the real word of socialism! Lesson 1: You won’t like it when it’s applied to you.

And on a broader scale, the American people in general are souring on the idea. A majority oppose the law now, and I wonder how many of them just took Nancy Pelosi’s word for it when she said that they’d have to pass the law to find out what’s in it. The blue-sky promises have turned to thunderclouds. Maybe folks should understand a law before they support it.

Mentioned links:

Cornell students erupt over health care fee

As Public Sours, ObamaCare Faces An Uncertain Future

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Spending on nothing?

Spending on nothing?

In this episode, I talk about how the money spent on (literally) nothing will soon outpace defense spending, and not much later, non-defense spending as well. And no, it’s not some right-wing think tank making that prediction.

Also, is it possible to have a moral disagreement with someone, and yet not hate them? The Left seems to think that impossible, and Dana Bash questioned Mike Huckabee about it specifically. He schools her in the art of disagreeing without being disagreeable.

(OK, normally I don’t like it when someone says, “Hey, X really schooled Y!” when all X did is say something the speaker agrees with. Usually there’s not actual educating going on. But this time, there certainly is.)

Mentioned links:

The Legacy of Debt: Interest Costs Poised to Surpass Defense and Nondefense Discretionary Spending

CNN Confused: How Can Huckabee Oppose Gay Marriage AND Have Gay Friends?

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Extending the benefits actually cost jobs

Extending the benefits actually cost jobs

Who would have thought that extending unemployment benefits further and further out would actually cause people to stop looking for work altogether? Well, actually, those who know that incentives (and disincentives) actually work; you know, market economics. How many jobs were created after the 99 week benefit system was stopped, and how many folks went back into the labor force? Lots. Listen in.

President Obama did not like the way Bush used executive orders to increase the power of the President. Yet he has used EOs and something just as powerful (but not as well known) to leave Bush, and all presidents for the last 70 years, in the dust. I’ll be discussing the Presidential Memoranda.

And finally, where’s that $2500 per year we were supposed to save from enacting ObamaCare(tm). Numbers grounded in reality tell quite a different story.

Mentioned links:

How Obama has used executive powers compared to his predecessors

Obama issues ‘executive orders by another name’

Extended Unemployment Benefits Hurt Jobs, New Report Finds

OBAMACARE: $2 TRILLION IN SPENDING, $643M IN TAXES, INSURANCE FOR $50K A HEAD

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