Mark Perry points out that doubling the minimum wage does not provide much net financial benefit to low wage earners.
Wednesday, June 30, 2021
Saturday, June 26, 2021
Lockdowns Do Not Control the Virus. Evidence from Europe
Last year the Fauci Oracle said that Europe was managing Covid better than the US because they were employing more widespread economic shutdowns. If so, why wasn't the mortality rate different there? Why do more widespread shutdowns not result in lower death rates? Any statistician can answer that question for you. easily.
Mask Mandates Unmasked
More research confirms what we (and the CDC) have always known:
“Mask mandates and use are not associated with slower state-level COVID-19 spread during COVID-19 growth surges."
The CDC has known this for years, but kept quiet to protect politicians.
“There is limited evidence for their
effectiveness in preventing influenza virus transmission either when worn by
the infected person for source control or when worn by uninfected persons to
reduce exposure. Our systematic review found no significant effect of face
masks on transmission of laboratory-confirmed influenza.”
The fact is that THE SCIENCE governors continually said they were following is not science. It was simply an effort to obscure the fact that they have no power to control a virus. They never like to admit that they don't possess god-like power, so they invented a Kabuki Theater of masks, hand washing, sanitizing, arbitrary and selective restrictions (you may attend BLM rallies, but not go to church).
Sunday, June 20, 2021
The Unaffordable Healthcare Results
After the "Affordable Healthcare" Act passed, health insurance became LESS affordable and LESS available.
Of course, not all states suffered this way. Six states were able to get Obamacare waivers. In those states premiums actually dropped by around 10%.Monday, June 14, 2021
More People = More Abundance (Economist versus Biologists)
Contrary to what "experts" and media say, we are NOT running out of resources or being threatened by over population.
We found that humanity is experiencing what we term Superabundance—a condition where abundance is increasing at a faster rate than the population is growing. Data suggests that additional human beings tend to benefit, rather than impoverish, the rest of humanity.
The Simon Abundance Index 2021 - HumanProgress
Sunday, June 13, 2021
Minimum Wage = Lower Total Compensation
This study published in the Harvard Business Review by three economists demonstrates that when companies are forced to pay wages higher than the market price (e.g. minimum wage laws), they will adjust other labor factors to compensate. In fact their conclusion is that the higher minimum wage results in lower worker compensation.
in the stores that experienced a minimum wage
hike, workers on average worked fewer hours per week, were less likely to
qualify for benefits, and had less-consistent schedules. These factors
corresponded to an average 11.6% decrease in total compensation for every $1
increase in the minimum wage.
https://hbr.org/2021/06/research-when-a-higher-minimum-wage-leads-to-lower-compensation