Wednesday, February 14, 2024

In response to "California Senate Candidates spar over Dem's proposal for a $50 minimum wage.
by Andrew Mark Miller Fox News, from the New York Post. 
nypost.com/2024/02/14/news/california-senate-candidates-spar-over-dems-proposal-for-50-minimum-wage-do-the-math
Feb 14,2024


The Minimum Wage: the Dodo Bird in the room. The Federal minimum wage is $7.25 an hour or $58 a day. Time was, back in the 1950s that my father earned that much in a week. And he had a good job.

   §   Seven twenty-five an hour is a trash wage. You'd earn far more than that picking up trash at the beach. It is not a living wage. Nor is intended to be. It is a "give-a-kid-a-break wage." It gives a kid a summer job, perhaps mowing lawns, or working in the local zoo for a few hours a day. It gives a kid some working experience, something to put on their first resume. It provides a reference for a better job next year, but mostly it gives a kid a chance to save come coins for the rest of the year and still have a few to spend with his friends on a Saturday night.

   §   Fifty dollars per hour is not too expensive in the world today. And, no I have never earned that much money in my life, but then, how much money does a LION living the the most commodious enclosure in the zoo really need? I get free veterinary care, and ten pounds of raw meat every day. Ah, but it has been brought to my attention that the animals on the other side of the fence really do need more than that. For the fat cats who must pay people to work for them and found $20.oo per hour too onerous, let me point out that comes to only $40,000 per year, and that my good friend is not a living wage for full-time employment. 

   §   A Fifty dollar an hour wage would come out to $2000 per week, $104,000 per year or just over $8600 per month, less then that after taxes and other deductions. With apartments renting from four to six thousand dollars per month, that seems to put you in the correct ballpark. Now, that is far too much money for a pancake flipper, or a car wash attendant, but for the janitor at your local middle school it seems about right. I used to be such a janitor, and now that I look back upon things, that was one of the best jobs I ever had. Thus I find myself to agree with Democrat Congresswoman Barbara Lee (California) that we must take a serious look. On the otter hand (Otters always have two hands), Former baseball star Steve Garvey, the only Republican on the stage, told the moderators that the minimum wage “is where it is and should be.” 

   §   The underlying issue is that there really can be no reasonable minimum wage. What is reasonable for a high school student with his first summer job is not reasonable for someone trying to support a new family. The line on the bottom of the paragraph is to set a low minimum, or to set an array of minimum wages setting out what seems to be proper. Once I was looking for a job as a "maintenance man" and called a number in the paper. It turned out to be a McDonald's. He was offering $3.00 per hour, and I was looking for $300.00 per week. I'm like, "You are not looking for a maintenance man, you are looking for a mess-cook." My days of swabbing the deck on a warship are long past me, even way back then.

   §    So it seems that if politicians must sully their hands with the subject of a minimum wage that types of employment must be broken down into various sub-groups each with their own minimum wage. Perhaps four different sub-groups. Group 1 might be students living at home and still going to school--give them ten dollars per hour. Group 2 might be adults or young adults on a first or part-time job--give the fifteen dollars per hour. Group 3 might be high-school graduates looking for a better job--give them around twenty-five dollars per hour. Group 4 might be college graduates seeking a more permanent job or career--give them fifty dollars per hour, clearly a low-ball wage for such a job, but it gives a starting point for negotiations when looking for a new job. If an employer will not pay that much, then perhaps you should be looking in a different group.

   §   Now I am getting hungry. Where is that zoo keeper with my dinner, or must I negotiate starting with his fingers.


Monday, February 12, 2024

 

the LION's Blog.....

Response to Steve Forbes 

https://www.youtube.com/watch?v=hwGWz6aRDw8
 
 
@eliasthienpont6330
7 minutes ago (edited)
🦁🦁🦁THE LION🦁🦁🦁, Richardton, ND
 
Interesting, but... The price of gold is not set by fiat, it is set by the market. It goes up if I am willing to pay more for gold, and it goes down if nobody will buy it at this price.

   §   But are all of the countries in the world going to go on the gold standard, And are you once again going to prohibit the private ownership of gold? If other countries will not limit the private ownership of gold then the price of gold will fluctuate and we will find that the tail is not only wagging the dog, buy it is wagging the doghouse as well.

   §   And if we do go on the gold standard am I able to take my gold certificates to the bank and exchange them for gold? You probably will not let me take gold or even gold certificates out of the country, but what is to stop me from going to South Africa and buying $2000 worth of gold there. I am sure they will let me take the gold out of the country, so suppose that I take this gold to Nigeria and exchange it there for $2800. I can send $800 back to my savings account in the USA, and then go back to South Africa to repeat the process. And I take no gold out of the USA, and bring no gold or foreign currency back into the USA. 

   §   The dollar is fiat currency: It is not real money at all. Gold is money. Silver is money and even coconut shells are money if I can exchange them. If you peg gold to the dollar all you have done is to turn the gold into fiat currency and the economy goes on as before.

   §   My degree is in nursing and thus I know little about economics. Still if I see a hemorrhage, I do know enough to put a bandage on it. As for me and my wealth, I keep my  600 pounds of gold in a dusty vault under my castle where it is guarded by a pair of manticore, and I have a phoenix up in the watch tower waiting for those pesky revenuers to cross my moat, because we still have an oubliette in our dungeon just waiting for them.

(C) 2024 BroadwayLion: Repreint with Attribution Permitted

Is Putin Really Sick

    the LION's blog   

 
In Reply to The Truth About His Illness: Is Vladimir Putin Really Sick?
as published on YouTube Feb 12, 2024
https://youtu.be/1VIqKYUCNOU?si=2mg-KckPCFtLqVDD
Anka Daily News

@eliasthienpont6330
0 seconds ago
 
🦁🦁🦁  THE LION  🦁🦁🦁, Richardton, ND

The Grand and glorious, and most imperial LION knows all, but the LION, like Pootin has grown old. I feel great weakness, and sleep many hours of the day. Apparently nobody seems to dare to wake me and guide or help me with the exercises that I know I need. I rather wish that they would wake me but that is how it is. So I sleep.. Today I slept through Noon Prayer, and lunch. After I finally got up and made some toast for lunch other monks told me about the spaghetti that was served for lunch (one of my favorites), but I, unlike Pootin cannot go down to the kitchen demanding that I be served some spaghetti. Around here, if you snooze, you loose.

   §   Now, I like Pootin can be 'awake' and even walk 200 feet or so, and even stand upright for about ten minutes before having to sit down. I unlike Pootin do not have a swarm of flunkies flittering about to anticipate and serve my needs. So people who see me seem to be fixated on a opinion that my health is not  so bad and they expect me to do more. Like attend Noon Prayer on time. They almost seem to be telling me to snap out of it. Well the truth of it is that I cannot snap.  Even raising my arm is sometimes difficult, but I can still do it. So I walk my 200' and then come back to my cell (room or office to you lay people). When I try to stand up, I make a few small stuttering baby steps before I get my sea legs (land-legs?) under me and can move normally. Maybe for Pootin it is likewise, but nobody will let me out of the county, let alone go to the Kremlin to check on Pootin's health.

   §   People like the Abbot, to the Prior and Sub Prior, the business managers and other monks who seem to think that they know it all simply do not understand and seem to me at least will not make any effort to understand. I pray that it comes to pass that they may never come to understand these Issues. As for Pootin, I like many others care not at all for his health, but pray that he most quickly return to the dust out of which he was formed.
 
The LION aka Elias Thienpont, is a monk of assumption abbey in Richardton, North Dakota
lion@broadwaylion.com