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Category Archives: Standard of Living
mcdonalds and losing weight
There is immense social hate towards McDonalds. Whenever McDonalds appears in the news, it is as if the entire country joins in the “two minutes of hate”. Opponents of McDonald’s believe that McDonald’s provides magical food. They believe that McDonald’s … Continue reading
Posted in Standard of Living
3 Comments
gdp and trade deficits
A recent letter to the editor which stated that the American trade deficit lowers America’s GDP. Specifically: “When an American firm moves production offshore, the United States’ Gross Domestic Product declines by the amount of offshore production, and the foreign … Continue reading
Posted in Economics, Goverment, Standard of Living, Trade
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safeguard your children from molesters
Today I listened to a couple child sex crime detectives discuss the state of child pornography and child sex crimes in America. The audience cringed and squirmed as the detectives cited their statistics. They had a backlog of 80 cases … Continue reading
Posted in Abortion, Goverment, History, Human Nature, Standard of Living, Statistics
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huffington post is ignorant of history
On Huffington Post, there is a new article titled: “Five Things Christian Fundamentalists Just Don’t Get”. It is approximately the quality and intelligence one would expect from an organization who regularly ignores the entire established science of economics. This particular … Continue reading
detroit: the liberal utopia
Detroit has recently declared bankruptcy, a declaration overturned by a judge. It is going broke as its residents flee. Humorously, the city was featured in the Survival TV show Apocalypse Man, about how to scrounge for food and shelter in … Continue reading
Posted in Economics, Goverment, Leftists, Standard of Living, State Worship
5 Comments
the high cost of the ADA
A while back Huffington Post was outraged by Allen West criticizing mandated Handicap Access features for hot tubs. Those leftist went wild with rage. They called him names. Said he hates handicap people. And lambasted the businesses who protested this … Continue reading
Posted in Economics, Goverment, Standard of Living
1 Comment
mandatory meal breaks make my life worse
Although mandatory meal breaks provided by employers is a state by state issue, there is a federal law covering how breaks and lunches are handled. This is known as the Fair Labor Standards Act (FLSA). This act has caused me, … Continue reading
Posted in Goverment, Standard of Living
1 Comment
econ 101 – wealth creation
When economists talk about wealth creation, they are usually referencing the differentials in what value people are willing to pay from something and what the value the seller would be willing to sell for that same thing. This is known … Continue reading
Posted in Econ 101, Economics, Standard of Living, Trade
1 Comment
the amazing increase in the worlds standard of living
Worth showing anyone who thinks the standard of living is falling.
Posted in Economics, History, Standard of Living, videos
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wealth v money
Related to a previous post. From Deirdre McCloskey’s The Bourgeois Dignity (p 141): People seem to be mixing up financial wealth and real wealth. Financial wealth in a bank account is merely a paper claim to the society’s real wealth … Continue reading
Posted in Economics, Standard of Living
1 Comment