Blog Archives

The true value of the minimum wage

Sorry, it has been a long time since I posted in this blog, but what better way to get back to it by posting a video of how increasing the minimum wage is economically and morally wrong

It’s Christmas!!…cartoon time from the US

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The philosophy of failure

This following piece of text explains why democracies constantly head for disaster when politicians who promise to give the people more are in charge. For many people, these policies are often too good to refuse, but their long term effects can be disastrous (particularly when you view the current national debt). 

The folks who are getting the free stuff don’t like

the folks who are paying for the free stuff, because

the folks who are paying for the free stuff can no longer

afford to pay for both the free stuff and their own stuff.

And the folks who are paying for the free stuff

want the free stuff to stop.

And the folks who are getting the free stuff want even more

free stuff on top of the free stuff they are already getting!

Now… the people who are forcing the people who pay

for the free stuff have told the people who are RECEIVING

the free stuff that the people who are PAYING for the

free stuff are being mean, prejudiced, and racist.

So… the people who are GETTING the free stuff have been

convinced they need to hate the people who are paying for the

free stuff by the people who are forcing some people to pay

for their free stuff and giving them the free stuff in the first place.

We have let the free stuff giving go on for so long that there

are now more people getting free stuff than paying for the

free stuff.

Now understand this.

All great democracies have committed financial suicide somewhere

between 200 and 250 years after being founded.

The reason?

The voters figured out they could vote themselves money

from the treasury by electing people who promised to give

them money from the treasury in exchange for electing them.

The United States officially became a Republic in 1776,

236 years ago. The number of people now getting free stuff

outnumbers the people paying for the free stuff.

Failure to change that spells the end of the United States

as we know it.

 

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How can you ‘like’ politics?!

If you go back 100years ago, everybody was actively engaged in, and interested in politics. In present times, it is the complete opposite. I know that when I go home to spend christmas with my family they will take pity that I engage myself in current affairs. I’m sure other people who involve themselves will also experience the same thing. Nobody is interested anymore.

But to not be interested in politics itself is a dangerous thing. This is because democracy relies on all of the people and their individual views.

Anyone who says they are not interested in politics is like a drowning man who insists he is not interested in water

Yet people are understandably bored by politicians, who in modern times act like robots, trained to spew the same rhetoric over and over. But how do these politicians get away with doing this? The answer is simple, its because of the lack of interest in politics by the majority. If everyone was actively involved and engaged, politicians would be made to answer questions with real answers or face real public revolt.

In the current situation, not only does a lack of interest bode well for those in power, but it also fuels bigger government. This is not good from a libertarian perspective!

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A tribute to Michael Ramirez cartoons

Here are some of my favourites:

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Brace yourself…obama says minimum wage increase will create jobs

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I do like to take the mickey out of obama on this blog, but this really is taking the mickey! How does he expect business to create jobs from a minimum wage hike! Is he really that deluded.

This is what he tweeted earlier today:

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It may raise GDP slightly but it certainly will not create more jobs.

Zero hedge has asked: ‘why not raise the minimum wage to $100?’ Surely by obama’s logic, this will create even more jobs.

 

What about VAT Mr Osborne?

On the face of it, VAT is actually the fairest type of tax. This is because its a flat tax that treats everyone equal and does not punish those who are successful like income tax. However, VAT is still a tax which gives government more money to spend. I feel the the UK VAT of 20% is very high and it drives a wedge between pre-tax income and post-tax consumption.

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Sorry for yet another obama cartoon, but he is trying to implement a VAT tax in america.

UK production, construction and services

Take a look at this graph from the office of national statistics:

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Firstly, it shows how volatile the construction sector is in the UK. Secondly it shows that the UK services industry is booming while production has never really recovered from the crash.

The production side of the economy is directly effected by regulation and taxes, where as the services industry is propped up by government spending. The more the government spends, the more it has to tax. High taxes stifle growth in the production side of the economy and this reduces output. If our output is reduced the country suffers from a trade deficit and a budget deficit. The most effective way of reducing both is to produce more than you buy.

EU red tape is also having a massive impact on our productive sector and churns out new legislation every week.

Obama, Cameron and Milliband are all the same

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Manchester airport and the power of the state

It seems like a long time ago now, but back in 2012, Manchester airport did a trial run of full body X-ray scanners, which were funded by the EU to increase airport security. I know security in airports is important, but at the time I thought they went too far. My partner, who is a qualified radiographer here in the UK, said to me “I bet those scanners don’t abide by the Ionising radiation regulation 1999”.

Low and behold she was right, it was in fact someone she knew who was going on holiday through the airport that very week who happened to be a top dog in the field of radiation protection contacted the airport and they immediately took the scanners down.

What the underlying message of this story describes, is how far the state will go for your ‘protection’ in your best interest, even though you have not been asked personally whether you agree with the technology or not.

Anyway, in all cases, cartoon obama is best at describing these things.

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The way it should work

The way governments in the UK and US should work is that they pass laws with the backing of the majority of their citizens, especially on decisions which potentially have a huge impact on the daily lives of those people. 

This is unlike regimes such as the EU and China who appoint officials to write new laws, which are then approved by parliament, without involving the public at all.

But recently, these values the UK and US hold most dear, are being forgotten. One example, is of course the passing of the EU Lisbon Treaty strait through the british parliament without a referendum for the public to decide. The second, is described by this great William Warren cartoon:

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Even our feline friends hate obamacare

Some great obamacare cat memes =]

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Tragic I know, but they do sum up what everyone is thinking

Reaganomics vs obamanomics

Again, another great article from Dan Mitchell (CATO):

Both President Reagan and President Obama had to deal with serious economic dislocation upon taking office.

But they used radically different approaches to deal with the problems they inherited. Reagan sought to reduce the burden of government, whereas Obama viewed government as an engine of growth.

And here is the proof:

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Obama voters….

Obama voters....

Government shutdown, business as usual

Government shutdown, business as usual

The Naval versions of Reagan, Clinton and Obama

This is a complete copy from Dan mitchell’s blog, but sums up these presidents very well.

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