Living Wage

Kurt Womack

I've been encountering more Leftists bringing up "living wage". Do they have any clue how economics works? And what is with the entitlement attitude about what people live in? This is a local group of environMENTALis

ts who oppose growth by strangling future water infrastructure development. So this person (protecting identity just to be nice) must think everyone should live in a large house on a lot with a white picket fence right from the start? The General Plan mandates Planned Area Developments, and so-called "Affordable Housing", with a smaller residence footprint than the normal subdivision. "Open Space" is also mandated, which robs land for building on, which triggers the supply and demand thing that seems to escape Leftists. Quote from the IMF:
[] Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society. The essential feature of capitalism is the motive to make a profit. []
That's why communists hate Capitalism.
I'm not sure how to answer that person's question without flogging them.

Tim adds:

And these same dullards are the first to blow up at paying for aps and other such things (like college). They think everything should be free, and everyone get a "living wage" for work that is not worth the money they seek. So how do you make stuff free or cheap and pay people more than they are worth? Communism, of course! Then we can all be poor, own nothing and be "happy" or else!

Posted by: Timothy Birdnow at 09:36 AM | Comments (2) | Add Comment
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