Thursday, August 27, 2015

Musting of one wondering about Obama's plans for running the country once he leaves offiice.

As I interpret it, children born in the US of non citizen parents are not citizens of the US. Way back in the 1890's the Supreme Court made an observation "that subject to the jurisdiction thereof"from the 14th Amendment means that at least one parent must be a citizen. Otherwise, the child is a citizen of the country from which its parents came. I think that sometimes we are too lax in applying our citizenship.

Tuesday, August 25, 2015

Musing of one wondering if Vladimir Putin is married and if so Why?

The minimum wage in my opinion is a farce.  A raise in the minimum wage will help some people, but it does not leave everything else unchanged.  People who were making somewhat more than the minimum wage promptly want a raise. Small businesses which cannot afford it because they can't raise prices are forced either to lay off people or go out of business. Besides that the price level goes up. To illustrate, when I had my first full time job some 79 years ago, I made the princely sum of about 39 cents per hour which would have been the minimum wage if it were set by law. Since then the general minimum wage has risen to about $8 or about 2000%, so has the general price level.  And it will continue that way so long as we continue the present approach. We need something else such as an incentive pay program. Basically the entire cost of any item represents compensation of people and so it is inevitable that wage raises will result in price raises. I also admit that these observations do not address the disparity in income between the upper 10% and the rest of the population. I have no solution other than wage freezes tied in with an incentive pay program whatever that may be.