tag:blogger.com,1999:blog-23683658.post4255638280271116353..comments2024-03-25T05:23:41.171-04:00Comments on Bilbo's Random Thought Collection: Economics 101: Part 1Bilbohttp://www.blogger.com/profile/14213505386288233192noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-23683658.post-24151190130517397152014-05-20T12:41:37.800-04:002014-05-20T12:41:37.800-04:00This comment has been removed by a blog administrator.Anonymoushttps://www.blogger.com/profile/11940165653865714027noreply@blogger.comtag:blogger.com,1999:blog-23683658.post-24624629966037417832014-05-13T18:42:00.883-04:002014-05-13T18:42:00.883-04:00The big contention in government is what the spend...The big contention in government is what the spending should be on. There's fundamental philosophical political differences here.<br /><br />We have an interesting experiment in Seattle, where the minimum wage will be moved up to $15.Elvis Wearing a Bra on His Headhttps://www.blogger.com/profile/08996404654445425458noreply@blogger.comtag:blogger.com,1999:blog-23683658.post-20018716320071422912014-05-13T12:29:55.173-04:002014-05-13T12:29:55.173-04:00There you go, pointing out facts again. You're...There you go, pointing out facts again. You're going to get yourself in big trouble for doing this.Mikehttps://www.blogger.com/profile/00017192454403363349noreply@blogger.comtag:blogger.com,1999:blog-23683658.post-3164762665086763632014-05-13T11:16:08.916-04:002014-05-13T11:16:08.916-04:00An economic sense I've picked up over time is ...An economic sense I've picked up over time is that businesses will try to provide as little as possible while still implying that they give full service. They promise us beans, but deliver a fart!The Bastard King of Englandhttps://www.blogger.com/profile/16403629468748220487noreply@blogger.comtag:blogger.com,1999:blog-23683658.post-60471454806773806992014-05-13T09:41:11.718-04:002014-05-13T09:41:11.718-04:00I work at two jobs, one part-time to make ends mee...I work at two jobs, one part-time to make ends meet. Still, life is good.Anemonehttps://www.blogger.com/profile/05002973634720513248noreply@blogger.comtag:blogger.com,1999:blog-23683658.post-51426890447129292342014-05-13T09:36:25.723-04:002014-05-13T09:36:25.723-04:00That's dangerous thinking, Dave! Taken to its ...That's dangerous thinking, Dave! Taken to its logical conclusion, it means that all the bellowing the GOP does about protecting job creators means they ought to be protecting consumers ... and you don't want to be too close when their heads explode from the cognitive dissonance!Bilbohttps://www.blogger.com/profile/14213505386288233192noreply@blogger.comtag:blogger.com,1999:blog-23683658.post-84325765410542938562014-05-13T09:17:59.042-04:002014-05-13T09:17:59.042-04:00RE: the minimum wage - I think people who oppose i...RE: the minimum wage - I think people who oppose it should perform this though experiment: Abolish the minimum wage, and reduce your costs by paying all workers zero dollars. Who, then, would have the money to buy the widgets you're making? Rich people don't create jobs. Consumers create jobs by buying your widgets.Arizona Davenoreply@blogger.comtag:blogger.com,1999:blog-23683658.post-80079382064058209342014-05-13T08:24:42.768-04:002014-05-13T08:24:42.768-04:00They are going to get our money, one way or anothe...They are going to get our money, one way or another. Health care is a big factor.Grand Crapaudhttps://www.blogger.com/profile/00005136539920598139noreply@blogger.comtag:blogger.com,1999:blog-23683658.post-75848542507323405012014-05-13T07:52:11.594-04:002014-05-13T07:52:11.594-04:00Uh oh. Bilbo is making sense again. Where will it ...Uh oh. Bilbo is making sense again. Where will it lead and when will it end? Our politicians need to take this class!allenwoodhavennoreply@blogger.comtag:blogger.com,1999:blog-23683658.post-77550814776131656272014-05-13T07:08:14.011-04:002014-05-13T07:08:14.011-04:00What you wrote is pretty much like how it goes. I...What you wrote is pretty much like how it goes. I never thought of it really, but political contributions and PACs are passed on to consumers.<br /><br />Taxes, of course, are going to be passed down to the customers. That's more of trickle-down economics.<br /><br />The bottom line: they will pass the bad stuff off to the consumers.eViL pOp TaRthttps://www.blogger.com/profile/15039755407564122331noreply@blogger.com