"Those who make peaceful revolution impossible will make violent revolution inevitable." ~ John F. Kennedy
Wednesday, December 29, 2021
There Is No Labor Shortage!!!
Only The Little People Pay Taxes
A group of big business lobbyists is pushing a radical change to Wisconsin’s tax structure — one that would give huge tax cuts to the wealthy and powerful while shifting the responsibility of paying taxes to people with lower incomes. The change would also require significant cuts to the critical services that Wisconsin businesses, schools, and communities need to thrive. This one-two punch would make it more difficult for Wisconsin families to get by, while funneling additional resources into the pockets of the top 1%.
Monday, December 13, 2021
Rand Paul - Shameless Hypocrite
Paul isn't alone in the hypocrisy. It's the entire Republican party and anyone enabling, supporting, or listening to them. They deny climate change and obstruct any related public policy. They bash government and any legislation that might improve infrastructure, fight climate change, or help the majority of citizens. They cut government programs. Until it impacts them, then government should open up the checkbook and freely hand over whatever's needed. Republicans are truly despicable trolls.
Saturday, December 11, 2021
Best Metal Music of 2021
Friday, December 10, 2021
Wednesday, December 8, 2021
Things Republicans Are "Good" At - Lying & Cheating
Sunday, December 5, 2021
Headlines That Reveal Republicans Are Selfish, Ignorant, Irresponsible, Pieces of Shit
Friday, November 26, 2021
Weekend Reading
Saturday, October 30, 2021
Keep It Simple, Stupid
Visit Milwaukee is claiming the Bucks Championship Had $58 Million Economic Impact.
That's possible. Anything is possible. But claims of such an impact are dubious at best.
As Roy Cordato's article noted:
Economic impact studies are everywhere.
Whether it’s to support a new highway project, special tax breaks for solar energy, the building of a civic center or sports complex, or to promote subsidies for Hollywood film producers, you can find an economic impact study, often touting how great the project will be for the state or local economy.
The formula is simple, predictable, and effective. A special interest group that stands to benefit from the project funds an economic impact study that purports to provide hard numbers on the number of jobs, the increase in wages, and the additional output that will be generated by the project or subsidy, and it will do this on an industry-by-industry basis. It makes grandiose claims about how much overall economic growth will be enhanced for the state or region generally. Once the report is completed, the special interest group that paid for the study will tout these results in press releases that will be picked up by the largely uncritical media establishment, ensuring that the political decision makers and others who determine the fate of the project receive political cover.
These studies all have several things in common. First, they typically use proprietary, off-the-shelf models with acronym names like IMPLAN (Impact Analysis for Planning), CUM (Capacity Utilization Model), or REMI (Regional Economic Model, Inc.). Rights to use the models are purchased by professional consulting firms who are hired by the interest groups to do the studies. Furthermore, seldom do those who actually perform the studies have formal training in economics. Instead their expertise is in using one or more of the aforementioned proprietary models. And finally, all of these studies ignore basic principles of economics and, as a result, do not meaningfully measure what they claim to be measuring—the economic impact of the public policies and projects that they are assessing.
One big problem with economic impact studies is the idea of substitution. If money that would have been spent elsewhere was simply spent on the Bucks, growth did not occur. Spending that would have occurred in one spot was merely spent in a different spot. The project (the development, the event, etc.) hasn't catalyzed growth. They haven't made an economic impact. They've merely realigned spending.
Now, this isn't to say all projects are unable to spur growth. But unless the impact study accounts for concepts like substitution and opportunity cost, it's mostly measuring the rewards that will go to primarily absentee owners.
Milwaukee Magazine had their own questions regarding the local economic impact of the Bucks championship run.
The sparkling, shiny, loud things (sports and entertainment events) often get attention, articles and praise. Yet, as far as being supposed economic catalysts, all too often, the economic benefits and impact are ephemeral to non-existent.
Maybe it's time we stop deluding ourselves in the belief that all activities and projects can be or need to be fun and exciting. Clean water, smooth roads, public transportation, quality schools, affordable housing and health care, and maintained infrastructure provide a better return on investment and generate much more growth than any stadium or convention center could ever hope to.
Conventional Delusion
There are so many more impactful ways to spend $420 million.
The Boondoggle Bandwagon lumbers on.
For Further Reading:
We Have A Pay Shortage
Note to media:
Please stop reporting on a "skills shortage" or a "labor shortage".
We have a "pay shortage".
Wednesday, October 27, 2021
Saturday, October 23, 2021
Sunday, September 26, 2021
Saturday, September 11, 2021
Saturday, August 21, 2021
Sunday, August 8, 2021
The Dangerous Mythology About The US Labor Shortage
In explaining the unimpressive quarterly jobs data recently, there is a dangerous mythology surfacing, a common refrain among pundits, that people don’t want to work because of stimulus checks and extended unemployment benefits.
Some argue that unemployed low-wage workers make more from these benefits than from their previous employment. This may be true, but in my nearly 10-year tenure as CEO of what has become the nation’s largest publicly funded workforce development system, where we have facilitated training and employment of over 70,000 people, I have never once heard anyone say they didn’t want to work.
This is a harmful, corrosive narrative rooted in class, gender and race bias; it is a fallacy meant to demean and stigmatize.
The truth underlying what’s being touted as a “labor shortage” is far more nuanced than glib jabs at the working class. Examining reality invites us to reassess our beliefs about work and workers in this country.
Sunday, July 25, 2021
Friday, July 23, 2021
Wednesday, July 21, 2021
Saturday, May 22, 2021
Saturday, May 15, 2021
Weekend Reading
Saturday, May 1, 2021
Weekend Reading
Monday, April 12, 2021
Friday, April 9, 2021
More Weekend Reading
Sunday, March 28, 2021
Weekend Reading
Friday, March 19, 2021
More Weekend Reading
Suburban Socialism
This is a perfect example of the hypocritical capitalism Republicans preach.
New Great Lakes Water Diversion RequestThey choose to live somewhere that is not sustainable. But then they whine, complain and bellow that they are entitled to <insert spoiled Republican entitlement demand here>.
When it comes to others, especially others that aren't white, others that don't believe in their god, others that don't live in their town, they need to go without. Getting things so easily makes others lazy.
But when the SUV-crowd moves to the middle of nowhere and suddenly gas prices are high, they can't get water and/or any part of their utopia is disturbed, the know-nothing, big, bad government needs to come to their rescue.
And, is this case, the Village of Somers wants to have the State allow them to divert water to what is currently farmland so some well-connected land owner can make a killing off of future development.
As typical economics would have it, if you want a scarce resource delivered to an inconvenient location, the cost would obviously be extremely high. You know, to discourage such a ridiculous and wasteful allocation. Yet, the Wisconsin experience of those expecting their entitled water, outside of a location where it naturally occurs, is they complain and complain until the rest of us subsidize them being able to divert water. We subsidize them in that they don't have to pay the actual price the market would indicate.
The same goes for the price of gas being subsidized below its market price. Really, the whole suburban mistake is a big subsidized wonderland for whites, where everybody else helps pay for their spoiled, wasteful, gas-guzzling lifestyle.
Weekend Reading
Saturday, February 27, 2021
Weekend Reading
The Green New Deal Threatens Republicans’ Bread and Butter, it’s Not Just Competition in the Battle of Ideas
The Failure of the Media in Responding to the Lying Right
Thursday, February 18, 2021
Good Riddance
Wednesday, February 17, 2021
Texas and Yet Another Failure of Privatization
Midweek Reading
How highways make traffic worse
The Hoax Master of Wisconsin
The New York Stock Exchange president says the stock market is not a casino. Here’s what academic research says.
Stock Market Gambling Around the World and Market Efficiency
‘Real World’ Republicans Demand To Know Why Nancy Pelosi Didn't Stop Jan. 6 Riots
A closer look at senators who voted to convict Clinton, not Trump
Let's tell the truth about the Republican Party: It's the real enemy of the people
Sunday, February 14, 2021
Invertebrates
The Republicans' idea of governing, in a nutshell:
Businesses tied to Speaker Robin Vos and other lawmakers could see taxes cut after they took PPP loansSunday Reading
Saturday, February 13, 2021
Party Over Country
The majority of the Republican party continues their descent into complete irrelevancy.
Senate votes 57-43 for Trump acquittalIn The Land of Make-Believe
When your policies only benefit the top 1%, when you have nothing intelligent to add to any conversation, when the majority of your constituents have been hurt by your political decisions, all you are left with is symbolism, revisionism and make-believe.
After COVID shutdown, former Wis. Governor Scott Walker hopes to re-open Reagan’s boyhood home