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Showing posts with the label market forces

"Clown Prince" Correction, April 26th

"Clown Prince" obama's Weekly Blather barack INGHAM PALACE , District of Corruption , April 26, 2014     In my State of the Union Address, I talked about pizza.  More specifically, I talked about a pizza chain in Minneapolis – Punch Pizza – whose owner, John Soranno, made the business decision to give his employees a raise to ten bucks an hour.  A couple weeks ago, I got a letter from a small business owner who watched that night.  Yasmin Ibrahim is an immigrant who owns her own restaurant – Desi Shack – and plans to open another this summer.  Here’s what she wrote.  “I was moved by John Soranno’s story.  It got me thinking about my … full-time employees and their ability to survive on $8 an hour in New York City.”  So a few weeks ago, Yasmin put in place a plan to lift wages for her employees at both her restaurants to at least $10 an hour by the end of this year.      But here’s the thing – Yasmin ...

$10.10 For This?!?

My Experience With The Minimum Wage     Just to illustrate how disconnected " Clown Prince " obama is with the real working world, here's but one of my experiences with the minimum wage:     At 9:24AM, December 20 last, I completed my register transaction at the local Walmart (1490 Hudson Ave., Rochester, N.Y., 14621).  As is my norm, I didn't review the cash register tape until I got home.      The primary reason for visiting the store " where the Third-World shops " was to buy Walmart 's version of flavored sparkling water beverage in various flavors.  I bought four-each of three different flavors.  Rather than put all twelve bottles on the belt, I put one of each and told the young lady cashier that I had three more of each flavor.     Of those three flavors~~ twelve bottles, total ~~I was charged for FOUR 'blackberry;'  THREE of 'wild cherry;' THREE of...