THAT obvious? I mean, how totally ignorant of basic economics would you have to be in order to not see THAT coming? Honestly, you’d have to be a total slow and uneducated bumpkin!
Yeah, Gavin Newsom. Mr. illiterate and low SAT. Say no more, say no more…
the data. I know that is very hard for many Leftists (their focus is on “the feels” rather than evidence), but there are some important things that this arguably shows, things that are obscured by a rigid adherence to Lefty dogma. Yeah, reality don’t care about your conversion to the Lefty NPC cult!
Play stupid games, win stupid prizes…
the New York State of Mind in exorbitant taxes and doling it out to cronies has finally caught up with most leaders. Now Hochul is begging for high-earners to come back.
Maybe she should have thought about that before! Ya think?
That is a lot! Oh, THAT’s gonna leave a mark…
The issue is that stuff like this has a big impact on the drug trade in the United States. Simple economics tells us that as the drug supply/availability goes down, the prices will go up.
And as the price increases, people on the margins necessarily buy less of it. What the “Biden” administration did was simply to make a drug running much easier (which benefitted Hunter). And of course, this meant there was much more drug supply and lower prices (and thus availability) on the street.
But Joe Biden is no longer in office. Drug runners hardest hit (literally).
you look at THAT! Get rid of illegals and “magically” rents go down. Tell me again, just how does supply and demand work? 🙄
“When you crack down on immigration, legal and illegal, housing costs naturally drop,” said Kevin Lynn, founder of U.S. Tech Worker. “Supply and demand, baby,” said Lynn, who opposes the visa programs that deliver roughly 2.5 million foreign visa workers into white-collar jobs and apartments throughout the nation.
them one little bit. If I were in that situation, I would flee also. Lefties chronically don’t understand: If you steal money from people, they will go away. And indeed, that is exactly what is happening in California right now.
The rule is simple: If you want less of something, you tax it. California apparently wants fewer rich people, so leftist union members are proposing a billionaire’s tax be put on the ballot. And voila! Mission Accomplished: The state has lost a reported ONE TRILLION DOLLARS in wealth from Silicon Valley tech billionaires since an SEIU leader proposed this private property confiscation scheme dressed up as a “billlionaire tax.”Â
Want fewer billionaires? Well, the way they get rid of them is to tax them. And that is exactly what California is doing. It’s pretty stupid, and it really is rooted in a fundamental misunderstanding both of economics and of human nature. The failure to grasp and the tendency to willfully ignore that truth is the root of the problem here.
It’s obvious: If you raise the price of something, you will get less of it. Make something more expensive, and you sell less of it. Is that really so hard to understand CA?
worth a billion dollars to be rid of California!
actually lower prices? Yeah, maybe…
Imagine, as a thought experiment, this:
Higher prices of a specific product are not inflationary; demand for that product [coffee] will fall, and that demand will go to substitutes (e.g., in the coffee instance, tea or Diet Coke) or to random, unrelated goods and services.
And as prices get higher, demand for the product decreases. So the price has to decrease in order to maintain sales volume. In short, tariffs may increase the price of the product in the very short run, but decrease the price over a short time. Lack of demand always leads to a lower price!
The “tariffs increase prices” crowd simply assumes that demand remains constant. That is NOT always a good assumption…
pressure that Trump is putting on Russia!
SOMEONE doesn’t understand the very basics of economics!
How big of a moron does he have to be? Any half-educated fool knew what would happen. It’s not like it isn’t plainly obvious to even the tallest among us. Sheesh! This is why you never vote Democrat. Certainly not in California…
Gavin Newsom seems to be dumb as a pile of bricks. I hope so, anyway. It speaks way better for him to be just stupid than to be totally evil. But then again, it’s probably a combination of both…