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In response to:

Unintended Consequences

buster33 Wrote: Sep 03, 2013 12:14 PM
I just assigned this essay to the students in my Principles of Economics course. If more Americans realized intentions are not results, and that politicians enforce policies that benefit some special interest groups at the expense of others, our country would not have so many serious problems..
In response to:

A Truly Great Phony

buster33 Wrote: Aug 27, 2013 10:25 AM
I do not think we "deserve" Obama BUT you are dead on with the observation about Republicans blowing it. Although I admired Reagan, he incorrectly thought bigger deficits would result in the starving of the beast. Didn't happen. That Republicans are so fearful of giving us seriously reduced government is a sickening commentary on our very flawed political system. "Those who will rob Peter to pay Paul can always count on the support of Paul." There are increasingly more Pauls and fewer Peters. We're Detroit but don't realize it.
In response to:

My Marxist Retirement Plan

buster33 Wrote: Aug 08, 2013 5:25 PM
If hypocrisy were money, liberal professors could pay off the national debt and still have enough money left over to fully fund the pyramid schemes of SS and Medicare. Professors with huge homes with and only two people living in them drive their gas guzzlers less than a mile to school so they can rant about abuse of the environment and wealth inequality. This is the people who are educating our children.
In response to:

Wait—I’m Not Quite Through

buster33 Wrote: Jul 31, 2013 1:59 PM
The analysis offered by Neal is flawed although the conclusion--that the increase in the "minimum wage" is dumb--is sound. Those who choose to continue buying as much as before at the new higher price will have less to spend elsewhere causing a decrease in demand somewhere else and hence lower prices. There will be fewer workers hired at the businesses facing lower demand. There will be a surplus of workers and this will put downward pressure on wages elsewhere. Since the wages cannot go below the very arbitrarily decided "minimum wage,' many former workers will now get the one and only true minimum wage, i.e. zero.
I look forward to using this essay in the Econ course I teach at Monmouth College. The only true "minimum wage" is zero, the exact amount you get when no employer will hire you because the government officials, in their infinite wisdom, pass a law requiring potential employers to pay you more than you are worth. As a smart man once said, calling a tail a leg doesn't make it a leg!
In response to:

Unsung Black People

buster33 Wrote: Jul 25, 2013 4:31 PM
It is also legitimate to ask if the evidence means profiling makes sense. Not engaging in profiling can be beyond dumb; it can be deadly. We put our seat belts on although we will rarely be in a car accident. The "left-wing ill" would do society a favor it it considered that maybe, just maybe, uneual outcomes are explained by things such as the absence of a caring father, dropping out of high school, or falling victim to those who profit from offering up "racism" as the explanation of unequal outcomes. What about blacks who DON'T know other blacks in the community?! See "Jesse Jackson comments...."
In response to:

The Judgment of Future Generations

buster33 Wrote: May 31, 2013 2:58 PM
We don't need to wait for the future for the judgment. I judge it as idiotic that people choose their sexual orientation. It is often easy, very early in life, to recognize some child will be that adult who is conspicuously different than the heterosexual norm. Two men or women marrying each other does not adversely affect me at all unless the government confers special benefits to married people. The government does but should not. I don't think a loving God will punish homosexuals any more than I think a loving Allah rewards suicide bombers with 39--or is it 69?--virgins...
Unfortunately, most people are clueless when it comes to the obstacles to becoming a plumber. You do NOT just go to community college, pass a few tests, and start rolling in the big bucks. The plumbers unions/associations intentionally restrict the number of people who can get into plumbing by limiting the number of people who can be apprentices. Being an apprentice for five years THEN allows you to start getting the big plumber bucks. It's another monopoly.
In response to:

The Cannabis Is out of the Bag

buster33 Wrote: May 08, 2013 4:08 PM
Once pols realize they're losing tax revenue to surrounding states they'll jump on the reefer wagon only to discover that growing pot isn't rocket science and people will grow their own quality pot. People will trade it and give it away just as they give their tomatoes away when every grower's come in at the same time. Now, if someone can make pot that doesn't make you hungry...
In response to:

The Cannabis Is out of the Bag

buster33 Wrote: May 08, 2013 4:03 PM
"Brightest bulb in the chandelier." I'm stealing that one! Maybe "biggest seed in the bud?"
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