Current Events, Climate change
Donald Trump
“Glad you asked me this question. I am a very stable genius and math is one of my specialties. When I was on the Howard Stern show, he asked me a very difficult math question, “What is 17 times 6?”.
There has been much discussion about raising the minimum wage, with proponents claiming it will improve the lives of the working poor and reduce “inequality” and opponents claiming it will reduce employment, making the poor worse off.
Classical economic theory claims that raising the minimum wage (or instituting it where there is none) will lower employment.
Closer examination suggests that a higher minimum wage will lead to increased inflation, some job losses, increased economic growth and reduced inequality. Continue reading “Can Raising the Minimum Wage Boost the Economy?”
In a recent article in the Financial Post, Ted Rechtshaffen, (“‘Tax the rich’ may be a rallying cry, but it’s hardly a fair system”, May 15) looked at three different tax schemes:
I will take these in reverse order.
Under Vladimir Putin, Russia has become more assertive, trying to regain its status as a superpower.
Every time Russia has made a strike, it seems that the West was caught completely by surprise. Clearly, the Western intelligence services (CIA, CSIS, MI6, Surete) have failed spectacularly.
In view of the failure of the Western intelligence services, I shall try to help them by identifying a couple of probable targets for Putin’s next strike.
The chief reason the British voted to leave the EU was the issue of immigration. Before the vote, David Cameron (Britain’s Prime Minister) “re-negotiated” the relationship of Britain with the rest of the EU. However, he was unable to get any concessions on EU immigration because it is one of the “four freedoms” which is central to the EU.
Could there be a conspiracy at work?
For those who do not follow British politics, Jeremy Corbyn is the leader of the Labour Party and, as such, is the leader of the opposition in the British parliament.
Jeremy Corbyn has had a difficult start as leader of the Labour Party. He has floundered on a number of issues such as anti Semitism in the Labour Party and more recently, his support for Britain remaining in the European Union (EU) has been weak and lukewarm, even though the party is strongly pro-remaining in the EU.
The key to understanding Jeremy is his academic record. At A-levels (equivalent of Grade 12 exams) it is normal to take three subjects. Corbyn passed two with E grades[which is the lowest pass mark] and presumably failed the third. He then went to the North London Polytechnic college to take Trade Union studies and flunked out after one year. This shows that Corbyn has limited intelligence, certainly lower than the intelligence required the lead the opposition in parliament, or potentially to be a future Prime Minister. Continue reading “Understanding Jeremy Corbyn”