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Message   BOB ACKLEY    AARON THOMAS   Re: Primary Planning   March 27, 2019
 4:18 PM *  

>  MP> He was a good guy but not such a hot President.  Stagflation 
became a
>  MP> thing during his term.
> 
> I was born in 79, so I didn't know about that.

<sigh> you were four when I retired from the Air Force.

 Thanks for pointing it out. I
> don't want to be too judgmental, but I can assume that that was a 
result of
> the same sort of dysfunctional economic choices that democrats commit 
to
> today, like raising minimum wage too high too fast. Am I close? What 
was it
> about?

Increasing the minimum wage devalues the dollar.  The same amount of 
work costs more money - and, of course, all other wages and all prices 
also go up.

Bernie et al are pikers, they should be pushing for a minimum wage of 
$150,000/hour, that way everybody could make more than a million 
dollars in one eight hour shift.  Of course, a loaf of bread would cost 
fifty grand...

The federal minimum wage exists because Massachusetts textile makers 
were moving their plants to North Carolina, where wages and the cost of 
living were much lower.  Massachusetts politicians didn't want "their" 
jobs moving so they pushed through the minimum wage law to eliminate 
the wage disparity.

> But like I've been saying here, I'm worried about a Democratic 
president
> destroying many of the good things republicans have initiated 
recently.

As long as you don't have anything you'll be okay.  If you have a home 
and a bit of money you can plan to be homeless and penniless in short 
order after the Corruptocrat wins in 2020.

Venezuela was the richest country in South America until Hugo Chavez 
got into office.

> Who will be the less of all evil, for the democrat primary, in your 
opinion?

The Corruptocrats all have one basic program:  take money from the 
people who earned it and give it to those who didn't
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