It sounds like this transformer had its center tap grounded and was the path to ground on one side of a ground loop as the geomagnetic field moved under pressure from a CME, inducing a common-mode current in the long-distance power line. A gas pipeline in an area of poor ground conductivity in Russia was also destroyed, it is said, resulting in 500 deaths.
One can protect against this phenomenon by use of common-mode breakers and perhaps even overheat breakers. The system will not stay up but nor will it be destroyed. This is a high-current rather than high-voltage phenomenon and thus the various methods used to dissipate lightning currents might not be effective.
In March 1989 much of Quebec lost power for the same thing.
They lost power because the common-mode breakers tripped, not because their system was actually damaged.
Agreed. Now let's work on the hard part of your plan which is convincing people not to be against new wind farms and nuclear plants along the coast.
That would be great as it would require bringing nuclear power back in a big way.
This one also works.
This is one won't get you laughed at like the ones in the list.
Not necessarily (think about it!), but in any event, it is far from clear that minimum wage actually gives more people more money.
Counter examples (actual, real-life, counter-examples supported by data) would be interesting to read.
You can, of course, add the money received by those people who benefit from the minimum wage laws to the total money available to spend. However, businesses pass increased costs on to consumers, or go out of business.
Or they could, shock, horror, take less in profit.
In effect, people's net purchasing power goes down. Instead of helping the people you want to help, you end up hurting them.
Purchasing power isn't going down because labour is getting more expensive, it's going down because labour is steadily getting paid less and less because capital is taking more and more.
The only place the continual downward pressure on wages ends is a tiny proportion of wealthy people who own everything and a huge proportion of people of subsistence incomes. When hardly anyone has any disposable income, where do you think economic activity is going to happen ?
Thus, merely "increasing" economic activity is not a valid goal: to be beneficial to society the economic activity has to be healthy activity, not the production of shoddy products. This can only be the case if we don't cause a net reduction in people's buying power (which is what minimum wage laws tend to do).
Again, evidence to support this claim would be useful.
In reality, countries with higher incomes at the lower-end, rather than the rock-bottom incomes you are advocating, are the countries that have the higher quality goods you are insisting they will not.
No this is done by welfare laws (of which there are a plethora).
No, welfare is there as a safety net for people who are unable to work. Since neoliberalism took over the western world and maintaining a certain level of unemployment became a policy goal (to reduce worker bargaining power and suppress their wages), it has become a necessity for millions of people ready, able and willing to work but who cannot find anyone to work for.
What you are talking about is a universal basic income, which would need to be set at a similar level to minimum wage to meet that objective.
I never gave my opinion on the matter.
Yes, you did. Your opinion was:
"So lets pass a law that says every person should be paid $50,000 per hour. Economic activity ought to be AMAZING then!"
Which, while obvious hyperbole, is meant to somehow refute the original point by taking it to an extreme never suggested or implied.
Your ignorant political stereotypes led you to make assumptions about what things I never even commented on.
I didn't make an assumption about anything. Your following comment called people who couldn't find work "parasites".
just because you are economically illiterate doesn't make something "a lie".
You argue the service "can no longer be provided".
That is a lie. It *can* be provided. It's just that customers clearly don't value it enough to make providing it worth the cost.
if it could and it were economically advantageous for companies to provide it, they would have done it.
Yes. I believe that was my point. It's not sufficiently "economically advantageous" to cover its cost.
Nobody had to force the gas stations in the past to provide the service, it was in their best interest to do it because it attracted more customers and there was a competitive pressure to do it.
I'm not quite sure what your point is with this straw man. No-one said anything about anyone being forced to provide full service in the past.
that's the propaganda line, sure. The reality is of-course completely different. The wages of the workers have been destroyed by inflation, not by 'corporate profits'.
Ratio of labour to capital share of GDP says otherwise. Nearly all the benefits of productivity increases over the last few decades have been siphoned to the top 10%, and especially the top 1%. Workers have been getting shafted as their bargaining power has been progressively destroyed by removal of their legal protections and the sadistic philosophy of NAIRU (to say nothing of the ever-increasing "rights" of corporate entities). Meanwhile, the taxes that are supposed to discourage the inevitable greed, selfishness and hoarding of the wealthy and recover some of their waste into productive endeavour, have been completely gutted.
That's before even talking about the mind-boggling explosion in private debt that has been taken up by households in an effort to maintain increasing living standards in the face of stagnant or declining incomes. Encouraged by banks and the wealthy, of course, because people madly paddling the canoe rarely have time to rock it.
It is a pattern that has repeated across the entire Anglo world for decades, it is the aftermath of Thatcherism, Reaganism, and whoever-your-local-neoliberal-psychopath-copying-them-was-ism. Every country has had one, and the outcomes have been the same in all of them - reduced unionism, reduced workers rights, increasing unemployment (because of the previous two events), dramatically decreasing taxes (primarily for the wealth), privatisation of public assets, decaying public infrastructure, decreasing public services, decreasing welfare, decreasing social mobility, increasing income inequality, etc, etc.
What's astounding (well, not really) is that after 30 years of this disaster, most politicians and a sizeable chunk of economists argue the problem is we're not doing it enough !
The world is heading towards a new fuedalism, where the serfs are kept in their place not by threat of arms, but by barely adequate incomes and oppressive debt. It's a Libertarian wet dream - all the slave labour they want to make the rich richer, while maintaining a facade of voluntary participation from the victims since no (overt) physical coercion is involved.
The inflation is created by the Federal reserve bank of America buying up bad USA debt from the Treasury (and the rest of the market) for decades following Nixon's default on the US dollar in 1971.
The core problem in the money supply isn't inflation, it's usury.
I don't think you know what that fallacy actually means. Nothing I wrote is even close to an excluded middle fallacy.
Really ? You don't think there's any possibilities between no minimum wage and a $50k/hr minimum wage ?
Call it a slippery slope fallacy if it makes you feel any better, it doesn't make your argument any less wrong.
Hurr, durr, ad-hominem fallacy!
You clearly believe the absurd rhetoric that people choose to be unemployed "because welfare!", then you launch off onto another straw man fallacy.
Like I said, mindless tripe. Unthinking regurgitation of conservative articles of faith.
Sure. So lets pass a law that says every person should be paid $50,000 per hour. Economic activity ought to be AMAZING then!
Excluded middle fallacy.
The rest of your mindless tripe is no better.
What you want is more people working, and those working to be more productive.
And to receive enough benefit from their productivity to be able to live and prosper.
Or, as most people would refer to it, be paid money.
"Experience has proved that some people indeed know everything." -- Russell Baker