The real note here comes in the form that Wilson Mixon nor Ed Guthrie exactly outline the expected losses pertaining to the forced Minimum Wage. It is my Thought that Opportunity Village may still be operating at a Profit, and that the Disabled Workers Costs remain the same–travel to work, Clothing, Mechanical Aids, etc. All these Republicans who worry about poor Minimum Wage labor losing their Jobs, never seemed to worry about the effects of Labor affected by Downsizing or criminal Corporate management (think Enron). It is also true that a guess-estimate of about 70,000 Workers in Nevada work for Minimum Wage. An increase of about One-Seventh of their total Wage might has some beneficial impact as well.
The Dollar is falling in value against other Currencies, but no one seems too worried; except for perhaps American labor, who again witness a reduction in their real Wages. The article mentions that the real magnitude of the National Debt has been reduced by devaluation of the Dollar. The article does not mention that the stored value of past American labor has also reduced in real terms. Politicians, especially Republicans, like to be persuaded generously by Lobbyists to spend vast amounts absent revenues (remember the old adage of using the Printing press to finance Government Spending) by printing up vast amounts of Treasuries. The Later are not much different from printing Dollar bills, though the Dollars have better Graphics. Republicans and Democrats, though, do not comment on the added burden applied to Households.
Congress working Overtime in the hours before adjournment to pass a Off-shore Drilling Act to reduce independence on foreign Oil; ah, first Oil to come sometime in the 20-Teens. It actually was not an independent Act, but part of a omnibus package (Magnificent thing: I even heard a rumor that Pet-Owners can deduct Pet Food costs as a Household Living Expense). I do not know exactly how long the total bill was, but Congressmen and Senators should be commended to having gotten it read this Year (if they did). lgl
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