Econ 101

Bernie protesters(or paid Soros communists) were out in force in New York City yesterday. This time these knuckle heads want the government to increase taxes on the rich and businesses.

A couple of items for thought struck this Physical Educators mind. First, the more money the government receives from the people the more is wasted on ridiculous projects. There's a book called The Pig Book published every year as an illustration.

Secondly, big business creates jobs. It invests money, the owners money. The owners take a chance on successful operations. Besides, most of the businesses in the US are privately owned; almost 80%.
My ex-boss was a very wealthy man. He invented a product without government help. He grew the business from five to over two hundred employees by the time he retired four years ago. He paid high school graduates $17.00 and hour with benefits to learn a skill. He offered them incentives to attend colleges to pursue a degree. He took a chance. Did I mention the federal government had absolutely nothing to do with his success. As we grew the cost of the product decreased. We could afford to because we had fourteen competitors but held 72% of the world market.

Finally, why is it protestors, liberals, socialists don't understand that when taxes are raised on business the price of the product to the consumer also rises? So, the feds are calling for every "worker" to receive a minimum wage of $15.00. Do I really need to explain this?

It's called Econ 101.