[High Praise! to Third World County]
When I bought my first car, with money earned from my first “real” job, I could purchase more than five gallons of gasoline with the proceeds of one hour’s minimum wage (not counting, of course the loss to taxes).
In January of 2009, one hour of minimum wage could purchase a little over four gallons-a reduction in purchasing power of about 20%.
Now, one hour of minimum wage earnings can purchase-if one is fortunate to be in an “average gasoline cost” area-a little less than 2 gallons, or more than a 50% loss in the minimum wage earner’s dollar value, more than doubling the cost for many low-income workers to simply get to and from their work, such as it is. If they can find a job.
Well……ahhh….There Ya’ Go {condescending smirk}…Clear proof that we , uh..umm…need to raise taxes..in order to, ahh,…put more money IN to the, ehm..ehm….The welfare system, so that we can all..uhmmm, help take care of the folks who….who…..the folks who are hurtin’. ‘Cause they can’t make it on….aahhh..minimum wage…. It’s simple Math(!) which.. uhh.. Governor Romney..ammm, just doesn’t seem to uhh….to uhh….get.
I like the banner quote on Third World Country’s website:
“In a democracy (‘rule by mob’), those who refuse to learn from history are in the majority and dictate that everyone else suffer for their ignorance.”
I’ve been thinking the same thing – numerous times per day – for the last 40 years or so.
I hate democracy.
The solution is simple. Double, no, triple minimum wage! In fact, make minimum wage $100 dollars an hour and nobody will ever be poor again!
TYVM for the nod, Harv.
Obamageddon, also known as the Barackalypse, occurs after Obama. It is the continuing consequences of Obammunism that brings about the END of all things.
After Obama loses the Liberals will fall into a psychotic suicidal rage and when that doesn’t work any better than Obama did the depression with consume them. Grief stricken Obama zombies will just give up! The economic cost of caring for over 100 Million mentally ill permanently disabled liberals will be the straw that breaks the camels back. The USA will never recover from Obama.
The worst part Carpenter, is that these people will be the same ones who had “Bush Derangement Syndrome”. They are unable to believe that the majority of people do not believe the same way they do. Instead of reality, they have constructed this scenario in their heads that the Obamanation is “The One”.
kudos for your macroeconomic grasp westing…few have it.
as a great economist said last week in response to all the “QEs” by the gub-ment: “if printing money is such a good idea and really helps the economy, why doesn’t the government just legalize counterfeiting?”
FREE OBAMA GAS FOR EVERYONE!!! (with proof of vote) Problem solved. Why do you rich republicans have to make such a big deal out of these things?