It takes a lot of dumbfucks to make this disaster possible
"Groupthink is a psychological phenomenon that occurs within a group of people, in which the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome. Group members try to minimize conflict and reach a consensus decision without critical evaluation of alternative viewpoints, by actively suppressing dissenting viewpoints, and by isolating themselves from outside influences."
If the goal is to become a Third World country by the *best* way possible, then the "superior" option is to lower wages and keep the jobs. The option taken of losing the jobs and then lowering wages after-the-fact, is not what Econo-Dunces would call "pareto efficient" i.e. it's the worst outcome possible. It's what can only be described as the "hardcore dumbfuck" option - not appropriate for casual dumbfucks.
"More Pain Please"
Manufacturing jobs and Wages as % of GDP:
Obama says this trend (below) is going to change any minute now; unfortunately, aside from recycled bullshit, he has no plan to make it happen.
Keep this chart in mind when the fucktards tell us that a higher minimum wage leads to fewer jobs. It turns out that a lower minimum wage leads to fewer jobs too (i.e. the inflation-adjusted minimum wage was 50% higher in 1968 than it is now)
Keep this chart in mind when the fucktards tell us that a higher minimum wage leads to fewer jobs. It turns out that a lower minimum wage leads to fewer jobs too (i.e. the inflation-adjusted minimum wage was 50% higher in 1968 than it is now)
Of course the best option is not to attempt to trade with slaves in the first place. It's very hard to compete with people who live on $2.50 per day.
And if you think I'm pissed off, wait until the Idiocracy figures out what happened while they were watching ESPN and the Kardashians.
