Wages & Prices
The Canadian government, lining the pockets of its dairy producers, imposes high tariffs on American dairy imports. That forces Canadians to pay higher prices for dairy products. For example, Canadians pay $5.24 for a 10.5-ounce block of cheddar. In Washington, D.C., that same amount of cheddar sells for $3.64. Canadians pay $3.99 for a 1-pound container of yogurt. In Washington, D.C., you can get nearly twice as much yogurt for a little over $4. It's clear that the Canadian government's tariffs screw its citizens by forcing them to pay higher prices for dairy products.
Starbucks CEO Kevin Johnson announced Tuesday that the nation's number 3 fast-food outlet (by number of locations) is closing 150 U.S. stores. It's not difficult to read Johnson's comments as indicating that the shuttered stores will primarily be in "blue" or liberal sections of the U.S. At the same time, he has specifically targeted "middle America and the South" for expansion. The business press isn't even trying to make the obvious connection between Johnson's announcement and the respective presence or absence of high minimum-wage laws and excessive regulation.
There are now more job openings in America than Americans looking for jobs.
The Wall Street Journal reported on June 5, that in spring 2018, the U.S. economy reached this unique milestone — the first time since the Labor Department began tracking the statistic in 2000.
Several recent polls, plus the popularity of Sen. Bernie Sanders, demonstrate that young people prefer socialism to free market capitalism. That, I believe, is a result of their ignorance and indoctrination during their school years, from kindergarten through college. For the most part, neither they nor many of their teachers and professors know what free market capitalism is.
Knowing what CEOs make compared to their workers isn’t enough for the left, they also want to regulate it.
One of the leaders of the class warfare left is deputy chair of the Democratic National Committee and congressman Keith Ellison. He told Bloomberg News on May 16, the government should “start talking about” regulating corporate pay. Bloomberg News anchors failed to push back or ask difficult questions in that interview. Other outlets also accepted Ellison’s left-wing pay perspectives.
You had to figure that a left-leaning journalist somewhere would denigrate Friday's news that the nation's seasonally adjusted unemployment rate fell below 4 percent for the first time since 2000. Jordan Weissmann, in a Slate.com column beginning with a headlined contention that "The Unemployment Rate Is Meaningless," came through.
When President Bill Clinton signed the welfare reform act in 1996, which he negotiated with then-Speaker Newt Gingrich, the left claimed people would starve. They didn't. According to the nonpartisan Center on Budget and Policy Priorities, between 1996 and 2000, the employment rate for single mothers increased from 63 percent to 76 percent.
You’ve probably heard already. April 10, was “Equal Pay Day,” a symbolic day media, politicians and celebrities use each year to complain about gender-based pay discrimination — by abusing a statistic that does not illustrate that.
NBC’s Superstore leans in on sexism and falls flat on its face. On Thursday night’s episode, appropriately titled “District Manager,” after Jeff’s departure to be with Mateo, it is announced that for the first time Cloud 9 will have a female district manager, which leads the more liberal-minded employees to rush to celebrate the hire.
A recent article in The Guardian dons the foreboding title "Robots will destroy our jobs -- and we're not ready for it." The article claims, "For every job created by robotic automation, several more will be eliminated entirely. ... This disruption will have a devastating impact on our workforce."
The propagandists disguised as "fact-checkers" at the Washington Post unleashed pent-up frustration Wednesday when they evaluated President Donald Trump's February 5 claim that wages are, "for the first time in many years, rising." They gave Trump's claim its worst possible evaluation of "Four Pinocchios," i.e., a "whopper." Too bad for the Post that detailed work published by Reuters two days earlier had already debunked its evaluation.
On Monday, shortly after President Trump asked two employees at a suburban Cincinnati manufacturer to describe their plans for the $1,000 bonuses they had received, MSNBC's Katy Tur ridiculed them on Twitter. Tur considered $1,000 a pittance, and contended that the bonus money wouldn't genuinely help the employees involved achieve their stated goals. On Wednesday, Tur responded poorly to the outrage over her condescension by trying to change the subject.