Wednesday, January 29, 2014

Those Nasty Facts! And What To Do About Them!

Did your guest contradict everything you hold dear about Dear Leader?

Did your guest wreck your buzz with an incontrovertible argument that you couldn't possibly answer?

Not to worry, Mr. "journo-list" because you have Edit-Be-Gone!

Yes, Edit-Be-Gone takes those nasty, inconvenient facts and hides them where nobody could see them-- on the cutting room floor!

Your brain-dead viewers will never know the difference!

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A Primer on The Minimum Wage that Even Liberals Can (hopefully) Understand

A little primer regarding the 'minimum wage.'

Understand exactly what a hike in the 'minimum wage' entails. 

A compulsory hike in the minimum wage means that the price of productivity will increase. 

This means that the level of what one used to purchase per dollar is less; therefore, one will be required to spend more to get the same amount of productivity. 

What a set amount of money bought before the hike in the minimum wage, can no longer be bought for the same amount of money. After the hike, more money must be spent, to get the same level of productivity. 

Money, is then, by definition, devalued. When money is devalued, the amount of it required to purchase a given good or service increases.

This increase is called INFLATION. 

One of two things MUST happen in order to regain equilibrium between resources spent and goods produced or purchased:

1. Pass along the increased price (inflation) of goods or services to the customer; or

2. Make sure the money you spend on the manufacturing/service end results in more productivity. 

Option number one results in inflation in the marketplace (rise in prices to purchase goods or services) passed on to all. This means that the money earned after the minimum wage hike has less purchasing power than the money earned prior to the minimum wage hike. This effectively negates the purchasing power experienced via any raise in pay to the worker as a result of hiking the minimum wage. 

Option Number Two results in fewer workers doing more work per hour for the increased pay they get. Instead of seven people on a shift, to keep the same productivity without passing increased costs to the consumer, there may be only five people required to do the work that seven people once did. This effectively results in a reduction in the present work force at worst, or in preventing the company from hiring additional workers after attrition, at best. 

This, of course, results in higher unemployment and/or lower labor participation rates, as there are now fewer jobs to be had. 

In other words, contrary to all the magical thinking going on in the White House and in the war rooms of the DNC, and yes, among the democrat party faithful, there are no sustainable benefits to a *compulsory* increase in the minimum wage.

Friday, January 17, 2014

As If...

Dear Speaker Boehner:

There is nothing I'd like better than to keep the United States House of Representatives in *conservative* hands. 

Regarding that issue, we wholeheartedly agree.

In that spirit, could you kindly resign your tenure as Speaker of the House?

Under your leadership, Obamacare is still the law of the land. Those responsible for allowing four Americans to be murdered in Benghazi are yet to be held accountable. The Constitutional abuses of the IRS scandal, the "Fast & Furious" federal gun-running scandal, and NSA scandals continue to go un-investigated, and Obama continues to be held unaccountable. Under your 'leadership,' the Republicans in the House of Representatives have done nothing to hold the Obama administration accountable for their overreach and malfeasance and assaults on our Constitutional liberties. You supposedly practiced brinkmanship when Obama forced a government shutdown, but then acted like you owned it, and ran with your tail between your legs. It's been "go along to get along" ever since.

And now you want to cave and give special treatment to those scofflaws who ignore our immigration laws.

Your team put up a nice graphic on Facebook today in response to President Obama's "I have a pen" comment, to which you replied, "We have the Constitution."

However, as much as you hold up the Constitution and parade it around like a golden calf, you have displayed no real intention of upholding it. As your actions and inaction have clearly demonstrated, to you, the Constitution is nothing more than window-dressing in a photo-op.

Speaker Boehner, you have on many occasions taken a solemn oath and promise to uphold the Constitution.

After taking those solemn oaths, on multiple occasions, you have demonstrated that your promises are as empty as must be your conscience.

If you really believe that the Constitution must be kept in conservative hands, I call upon you to resign your office as Speaker of the House of Representatives.

Whether or not your constituency in the 8th District of Ohio continues to re-elect you to as their representative in Congress is their business.

The office you hold as Speaker, however, is *our* business. You have lost the trust and confidence of those of us in the Republican Party.

You have lost the trust of the nation.

Time for you to resign, Mr. Speaker.

Sincerely,

Leo Pusateri.