MeEnWizz
752 posts
This newborn baby was found in a dumpster in Houston, Texas. "The child appeared to be fresh out of the womb, with his hair wet, his skin pruned and his umbilical cord still attached." Thankfully, he survived
Kevin O’Leary says Gen Z is financially cooked when people making $70K a year are spending $28 on lunch
At Yale Medical School, a black applicant is 29 times more likely to be invited to interview than an Asian with equally strong academics. Today, @CivilRights told Yale that its use of race in admissions is ILLEGAL—and that @TheJusticeDept will step in to enforce Title VI. justice.gov/opa/pr/justice…
🚨 When Mayor Mamdani took office, NYC had a $12 billion deficit. It is now $0.
DOT Secretary Duffy blames Biden admin, Pete Buttigieg for Spirit Airlines’ failure trib.al/ZLEz3Kh
A minimum wage of £15 would end my coffee shop, it would have to close, as would many other businesses. I’ll explain for the economically illiterate. Staff costs are currently half our costs, a £15 minimum wage is actually more than £15 an hour for the company, because you have to add: - 12.07% holiday - Sick pay - Maternity pay if and when required - National insurance - Pension contributions These costs would mean the shop loses money because remember, energy costs are up, rates are up, regulations are up. Now you can pass these costs onto the consumer - that would mean charging a lot more for coffee, people won’t pay it. The likes of Starbucks and Costa can, because they have economies of scale. The independent doesn’t. Now the little socialist will say well this is your fault, if you can’t run a business that can afford to pay its staff properly, but the little socialist has never run a business and does not understand the dynamics. Now I could pay some staff off and fill those hours myself or reduce us to one staff member during certain periods - but this proves the point that a minimum wage costs jobs. There was a time when these jobs were done by kids, perhaps on the weekend, paid a lower wage, no holiday and no silly employment rights. Perhaps they were even paid cash. The dynamic worked and small businesses like this could operate. It was also a great first job. Sadly now it isn’t worth employing entitlement youngsters at this level of pay. So alas, I don’t need the stress, the business would close, a number of jobs would be lost. Economics is about understanding these dynamics, no vibes. The cost of living is not solved through passing on inflation to the business, it is solved by ending high inflation and creating prosperity. This is what socialists don’t understand, they can’t create prosperity, they can only destroy it.
If you buy a $650,000 house with a 30 year mortgage and put 10% down, by 2056 you will have paid $719,000 in interest to finally own the home outright
Joe Rogan and Post Malone call out Canada: "Canada is f**king falling apart. All the shit that they did during COVID was just the total wrong direction."
