Archive for the ‘Stupid’ Category

What.

Thursday, 2 October 2014

What.

[Found here.]

About these ads

Oblate Spheres

Monday, 29 September 2014

Spheres

[Found here.]

The .Gif Post No.348 – Walking Protein, Thawing & Freezing Bubble & Ice Breaker

Friday, 26 September 2014

kinesin motor protein

Global Warming Global Cooling

Ice Breaker

[Found here, here and here. The 1st really is a protein walking.
I looped the 2nd & the 3rd.]

“If You Do My Laundry, I’ll Put On Some Weight.”

Thursday, 25 September 2014

Laundry Day

[Found in here.]

“I SAID, DO NOT USE MY CUP, DAMMIT.”

Thursday, 25 September 2014

IT'S MY CUP YELLOW CUP DAMMIT

Someone’s wound just a tad too tight.

[Found here.]

Playful Pup Pwns Pisa People’s Pics Perfectly

Tuesday, 23 September 2014

Pisa Pup

No tourist can beat this one (except maybe this guy). Then on the other hand, everything is relative, and it may be The Leaning Duomo of Pisa instead.

[Found here. Somewhat related post here.]

Hot Links With Jazz Hands

Sunday, 21 September 2014

Racoon Jazz Hands

Black holes are soooo passé. Meet the White Holes [via].

What children’s games do you remember playing? Here are some classics including the rules.

Londres. Viendo pasar gente.

A List Of Pointless Websites. Very cool collection.

Deaf-Blind Brazilian Watches World Cup With Help From His Friends.

Need a prosthetic leg with a built-in stereo system? Here’s the place [via].

Cigar box juggling in Japan.

Cigar box juggling in America.

This story still fascinates me. Michael Larson discovered a flaw in a TV game show and exploited it without cheating. Walked away with a quarter million in today’s dollars, then blew it. Documentary here.

Top 10 Greatest Optical Illusions Ever.

[Top image found somewhere in here.]

Nothing Much Happened Today.

Monday, 15 September 2014

Nothing Much Happened Today.

Captain Obvious added  the red arrow, not me. [Found here.]

The .Gif Friday Post No.346 – Lego Ball Attack, Watermelon Pressure & LMAO Girl

Friday, 12 September 2014

Lego Ball Attack

watermelon_and_rubberbands

Magali Noel 1955

[Found here, here and here.]

The Myths Of The Minimum Wage

Sunday, 7 September 2014

Minimum Wage graph Poverty Level BS

My eyes glazed over when I saw that graphic, because there are no numbers or statistics to back up that arbitrary wiggly line and its specious claim. It’s pure socialist propaganda. Ready for some unadulterated reality?

According to the U.S. Bureau of Labor and Statistics, 1979-2012 minimum wage jobs comprise an average of about 60% of all hourly jobs for any given year, but guess what percentage of workers over the age of 16 make minimum wage or less?

In 2012 a whopping 4.7 per cent of the working population above the age of 16 earned at or below minimum wage nation-wide. In California, only 1.4 per cent.

[Source: www.bls.gov/opub/ted/2013/ted 20130325]

Why such a small percentage? Because the majority of those workers are in transition to better jobs, better pay, and the minimum wage jobs have an unsurprisingly high turnover rate. Who wants to scrub pots at Denny’s for the rest of their life, let alone for more than a year?

Which industries employ the majority of minimum wage earners?

Minimum Wage Bar Chart by Industry

[Source: www.bls.gov/opub/ted/2013/ted_20130325 ]

Agriculture is relatively insignificant, especially once you combine the Service/Retail percentages, and note that the Federal Government employs very few minimum wage earners.

Now let’s look at the make up of the minimum wage workforce, the nebulous 4.7 percent.

2013 Census Table 7

[Source http://www.bls.gov/cps/minwage2012tbls.htm#7]

Now let’s examine the age makeup of the 4.7 percent who make minimum wage or less.

Minimum Wage graph 1 ALL

Note that many workers in restaurants and hotels (waiters, waitresses, busboys, bellhops, etc.) often receive less than minimum wage, as they’re expected to make up the rest in tips. Tips account for a large percentage of income and workers typically earn more than minimum wage, sometimes a lot more in upscale venues. Since tips are un-monitored cash transactions, much of that income goes unreported. Let’s break it down a tad further.

The prevailing federal minimum wage in 1979 was $2.90, $3.10 in 1980, and $3.35 in 1981-89. The minimum wage rose to $3.80 on April 1, 1990, to $4.25 on April 1, 1991, to $4.75 on October 1, 1996, to $5.15 on September 1, 1997, to $5.85 on July 24, 2007, to $6.55 on July 24, 2008, and to $7.25 on July 24, 2009. When I checked Minimum Wage Job Numbers and correlated them with Minimum Wage Increases I found none, which suggests that employers covered the increased overhead with higher prices for goods and services in order to stay in business, and the costs were passed down to the consumer.  The low income population takes another hit.

Minimum Wage graph 3 PCT Men and Women

Blue is for boys, pink is for girls. Statistics are not sexist.

I’m not an economist, and I’m also not a CPA, but I suspect the IRS gets something out of this scenario because the basic illogic of raising the minimum wage, especially in a sluggish economy, escapes me.

Who else benefits? Union leaders, long-march socialists and politicians whoring for votes.

Aside from the fact that the majority of the poor do not remain poor indefinitely (any more than the majority of the wealthy stay wealthy) raising the minimum wage gives people an incentive not to advance. If a worker finds that minimum wage meets or surpasses his/her current expenses, why not ride with it a few more years? The problem with that scenario is that the worker is not improving his/her resumé for those valuable “few years,” and by the time they realize it, they are years behind those who abandon minimum wage jobs, pick up new valuable skills, and naturally earn more. Those who choose to remain in low-skilled positions deny recent graduates the opportunity to find work, and the ladder to prosperity becomes stagnant.

Another scenario is of a family who needs a secondary income to give them a financial cushion during the expensive child-rearing years; or perhaps an elderly couple may not have saved enough for their retirement because their investments tanked; or simply because they choose not to retire.

Wage and price control is a socialist/fascist concept that has never worked because it creates more problems than it solves, and the problems it attempts to solve are non-existent in the free market. Pay a worker for the value of his/her work, and if there aren’t enough workers for the job, then you’re paying too little. Nobody wants to be a buck an hour pot scrubber for the rest of their life, but we’re still talking about only 4.7 percent of the working population, and most of those workers are moving up the ladder uninhibited.

There is also a macro-scenario that has to do with illegal immigrants and the Cloward-Piven Strategy that aims to overwhelm a stable government with free services provided and paid for by successful corporations, entrepreneurs and the common man, fomenting economic collapse and allowing Socialism/Communism/Fascism to prevail.

This road has always led to mass murder, without exception.

May God help our children and grandchildren if the progressives succeed.

Bunk


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