Economic exchange stands as the defining essence of any economy, epitomizing the intricate web of interconnected transactions that shape its very existence. In essence, an economy derives its essence from the culmination of individual exchanges.
Economics
Enlightened Capitalism
The events of the past decade have underscored one clear reality, corporations are overly greedy and must be checked by governments. Indeed, that is the sole purpose of good government when it comes to overseeing the marketplace— to prevent large corporations from preying on the citizens.
Notable Quote – “…A Battle Between Freedom and Subjugation”
Emphasis mine: Condemning capitalism is nothing new in this country. We’ve heard the angry criticisms all of our lives, and they weren’t novel when we were young. It’s tragic, really, that so many in the West see the tension between “capitalists” and their ideological opponents as merely a conflict between ideas about which economic system … Read more
Proving Once Again That a Minimum Wage Costs Jobs
The minimum wage costs jobs, especially entry-level positions that help teach the young and unskilled about working for a living, having pocket money, an income, basic personal budgets, spending, and even paying taxes.
Redux: “Conservatives Believe That The Best Form of Welfare Is A Job. Govt Thinks Otherwise.”
It was true back in 2011, and it is still true today. Conservatives believe in the honor and dignity in work. Progressive don’t believe in a hand-up and are willing to supply a hammock forever.
A lesson from the First Thanksgiving
Updates below.
I like reading John Stossel as often he proclaims a down to earth message with common sense appeal. In addition, what he talks about is grounded in results rather then an ideological background. When I saw his column, so apropo for today, it does need to be reviewed.
Why? Allow me to inject a bit of what some might consider politics on a day given over for other-than-politics. The lesson learned by the Pilgrims is one that we should be paying close attention to, as we are looking to select a new leader, just as the Pilgrims selected Bradford as their new leader. I see the Democratic candidates all running to socialistic tendancies more and more – think “it takes a village” on steroids. Yet, given history’s results on “the common good” and the hatred that seems to be simmering on the Left for capitalism, sometimes we do need to pay attention to what history tells us of certain choices and actions, lest we repeat them over and over….
Maggie Hassan Lies Again (And Chris Pappas Too!)
Once again, the Democrats, especially Maggie Hassan, are twisting the meaning and usage of words to fit a political narrative. In this case, for the purely personal gain of keeping her butt in DC.
Notable Quote – Radical Ideas CAN be the Right ones!
History has shown that voluntary economic trade between individuals, without the “guiding” Hand of the Government, has lifted billions out of poverty and onto the road of a higher standard of living at lower costs and higher quality compared to when markets were controlled by others and such decisions were made beforehand.
Reminder: We Don’t Have What it Takes to ‘Go Green’
The Left’s all-in or nothing attitude about net-zero is one of their more disingenuous screeds. They’re ranting like lunatics and making more promises than a used Electric Vehicle car salesman with no car to sell you. IN other words, what they say, can’t be done.
RI Transportation Initiative – Let’s Use Your Money to Help More Rich People Buy EVs
With the collapse of the TCI scam, blue states desperate to virtue signal on this issue are scrambling to find ways to look #woke to the green meanies in the climate cult community. Rhode Island has picked a champion.
Will Biden’s New Economic Policy haunt our Democrat Reps?
The Biden administration is planning to take what has not been spent of the vast rental assistance package — about half of the $46.5 billion allocated — and give it to areas that have spent the most money.
After Manchin Slays Build Back Better the White House Sends Jen To Psakit-to-him
Sen. Joe Manchin is proving to be a problem for the Democrats. He is one, but he’s not getting in line like he is supposed to do. Something about, “this would be bad for my constituents,” and Dems are like who?
Democrats Won’t Make Anyone Pay Their Fair Share
Exchanging facts and opinions are constructive. However, a person publicly making essentially slanderous allegations should publicly provide evidence, not just opinions. Sean Kavanagh’s letter of Nov. 15 provides no evidence to refute my Nov. 8 letter.
Why Government Can NEVER Get this Right
The opportunity that the free market offers exist for anyone regardless of age, sex, gender, race, origin, any of it. All you need is an idea and the motivation to get it out of your head and into the world as a real thing.
We Finally Found Some Cops That BLM Doesn’t Want Defunded – In Cuba!
Some organizations here in America can’t help blaming us for every bad thing that happens or has happened in history.
Notable Quote – Statists Never Blame Government for ITS Lacking, Do They?
Economics is all about the study of scarcity and tradeoffs of which there are many. We know this because prices for different products are all different. Just because someone wants something doesn’t mean that it HAS to be available to them at their desired price point.
Notable Quote – You May Be Overqualified but Not Underpaid
we as a Society are seemingly about the complaining but not about the doing: “SOMEBODY’S GOTTA DO SOMETHING ABOUT THIS!!!”
Looking for the Advantages in an Open Border Policy
A question for readers if I may. What advantage to or for American workers or American people, in general, does the current open borders policy provide?
TreeHugger Letting the Mask Drop – Are You a Subject or a Citizen?
I spent a lot of my time today playing chauffeur to TMEW (she drives very little nowadays) and the Grandson (at 5 yo, wants to but…). Far more than I expected. The rest of the time, I discovered that after a period of relatively non-controversial posts, TreeHugger had taken a hard left-hand turn.
Josiah Bartlett: Low Labor Force Participation Holds Back NH Economy
As a few lawmakers engaged in a publicity stunt last Saturday to press for a state-imposed $15 minimum wage, New Hampshire employers were raising wages and offering cash incentives in desperate efforts to attract workers.