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Consolation Prize

Posted by V the K at 3:44 pm - April 19, 2017.
Filed under: Big Journalism

Reports indicate Bill O’Reilly is out at FoxNews. This will bring some bitter, hateful joy to the left; sort of a consolation prize for not winning Georgia 06 after being assured that it would flip to the Democrat and herald the end of the Trump Presidency. They’ll have to settle for this, and they’ll tell themselves that this makes “Right Wing Nut Jobs” miserable and that will make them as happy as 12 year old girls who just found out that one girl they don’t like buys her shoes at WalMart

  1. This actually won’t cause any tears on the right. Read the comments at the link. Nobody cares and a lot of people will be happy to see him go. We aren’t emotionally invested in him the way the left is in Rachel Maddow and Bill Maher.
  2. Bill O’Reilly will get a multi-million dollar buyout of his contract. He’s got enough money to live out the rest of his life on that same resort in Tahiti Obama retreated to.
  3. Leftist hero Keith Olbermann is still reduced to ranting on YouTube from his basement.

Whoa…Hillary had a clue?

More from the new book, “Shattered”.

Hillary to an aide during the general: “I know I engender bad reactions from people.” And during the primaries: “I don’t understand what’s happening in the country.”

She was right. But maybe she only had that one clue. Because there’s this: “She has blamed [FBI Director] Comey for…his decision during the campaign’s final weeks to re-open a probe into her email use as secretary of state…”

A clueful Hillary would, instead, thank Comey for misleading people on her behalf and holding back her strongly-deserved indictments.

Emotions Lead You to Waste Money and Do Stupid Things

Posted by V the K at 8:40 am - April 19, 2017.
Filed under: Arrogance of the Liberal Elites

Warning: This post meanders.

Despite millions of dollars from the Hollywood Left (the very same people who wail about the pernicious influence of money in politics) the Pajama Boy came up a little short in last night’s Special Election in Georgia and will face a June runoff.

Democrats are still calling a multi-million dollar expenditure on a losing bid for a minor House seat a victory, though. Hillary’s former spokesmouth Brian Fallon, tweeted out this insipid thing:

“Even if he doesn’t hit 50 tonight, Ossoff is showing us the path to retaking the House. It runs through the Panera Breads of America.”

Panera Bread? That’s the place where you pay way too much and leave unsatisfied. Fitting.

“We shall fight on the espresso bars, we shall fight on the Starbucks queues, we shall fight in the Whole Foods and in the Mani-Pedi Parlors, we shall fight in the Mac Stores; we shall never surrender…” said someone at the HQ.

The Democrats spent anywhere (I’m hearing) from $8M to $12M because they wanted a headline: “Voters in Red State Georgia Reject Trump.” They didn’t get it; and it wouldn’t have been true if they had. But they wanted it so badly they paid a fortune trying to get it.

Ever spent money on anything stupid out of emotional attachment? I have a closet full of hockey jerseys because of an irrational emotional connection to the sport. Also, this. What do you got?

Serving them right

On certain issues, leftist harping is especially odious. One is the minimum wage.

Anyone who has met a payroll knows that, when higher wages are simply dictated from on high, then employees (or hours or salaries) must be cut back elsewhere – assuming the business can survive at all. It’s math. We’ve seen it before,

Leftists like to deny math and other facts of business and economics. What makes it odious is, they’re also smug about it. It isn’t just their ignorance; it’s their aggressive pride in staying ignorant.

Via HotAir, now a study confirms that San Francisco’s minimum wage does indeed injure the businesses and workers of that city.

San Francisco’s higher minimum wage is causing an increasing number of restaurants to go out of business even before it is fully phased in, a new study by the Harvard Business School found.

The closings were concentrated among struggling, lower-rated restaurants. The higher minimum also caused fewer new restaurants to open, it found.

“We provide suggestive evidence that higher minimum wage increases overall exit rates among restaurants, where a $1 increase in the minimum wage leads to approximately a 4 to 10 percent increase in the likelihood of exit,” report Dara Lee and Michael Luca, authors of “Survival of the Fittest: The Impact of the Minimum Wage on Firm Exit.” The study used as a case study San Francisco, which has an estimated 6,000 restaurants in the Bay Area and is ratcheting up its minimum wage.

So, Nancy Pelosi and her fellow limousine-socialists are looking at fewer restaurant selections for themselves – and more unemployed people. Do they understand that? Or even notice it?

There is only one time when the minimum wage doesn’t hurt employment: When it’s low enough, in real terms, to be ineffectual. For example, if we have a period of inflation – and no minimum wage increases – then its real value will go down, and employers can afford to hire the low-end workers again. But the higher the minimum wage is, in real terms: the more low-end workers can’t get work.