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Comment: Re:Minimum Wage (Score 1) 1067

by tsotha (#49732535) Attached to: Los Angeles Raises Minimum Wage To $15 an Hour

To believe this meme you see lately that somehow ebil corporations are forcing us to pick up part of the tab for their employees, you'd have to believe nobody would work there if Medicaid and other social services didn't exist. Which is idiotic. No, the problem is there are lots of people who don't produce enough value for their labor to live the minimum lifestyle we consider acceptable.

So apparently the solution is to force them out of their jobs entirely. What do you think the response is going to be from businesses? "Oh well. I guess we just won't make as much money"? Were you born yesterday?

Comment: Re:Stupid reasoning. (Score 3, Insightful) 1067

by tsotha (#49732521) Attached to: Los Angeles Raises Minimum Wage To $15 an Hour

I love seeing this crap in American articles. "Oh Noes! If we pay people more, it will cost businesses more!"

That's not what people are saying. What we're syaing is if we pay people more, the people whose labor isn't worth the new minimum won't have a job at all. The progressives in the US have succeeded in turning the US into a European country. I hope they own it when youth unemployment is at 25% in a normal economy, and minimum wage isn't enough to pay for increases in the cost of living.

I didn't mind interacting with tellers before ATMs, and I don't mind using ATMs. I won't mind when I use automated ordering machines at McDonalds and eat machine-made burgers, either. But I think it's stupid for the government to force people out of their jobs.

Comment: Re:This will make the Republicans so happy,s... (Score 1) 331

by tsotha (#49723873) Attached to: Genetically Engineered Yeast Makes It Possible To Brew Morphine

Except if you actually read the pages you're linking you see the drugs didn't get shipped to LA as part of the "Iran Contra fiasco". Despite the screeching from Crazy Maxine, the stories directly linking Iran Contra to drugs in the US turned out to be poorly sourced bullshit.

Comment: Re:Sudafed (Score 1) 331

by tsotha (#49723853) Attached to: Genetically Engineered Yeast Makes It Possible To Brew Morphine
That's what I was thinking. This is definitely one of those genie in the bottle stuffing exercises that's never going to work. Drug cartels have more money than God - either they'll hire their own scientists to reverse engineer the yeast strain, or someone will slip it to them for a suitcase full of cash.

Comment: Re: Markets, not people (Score 1) 612

by tsotha (#49709621) Attached to: The Economic Consequences of Self-Driving Trucks
I've seen this nonsense crop up more often lately. Yes, the price is whatever the market will bear. But assuming the government keeps a lid on cartel behavior the price the market ends up bearing will be lower as costs are reduced. If you don't think that will happen you should invest all your savings in trucking companies as soon as automated trucks clear the last regulatory hurdles.

"They that can give up essential liberty to obtain a little temporary saftey deserve neither liberty not saftey." -- Benjamin Franklin, 1759

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