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Greg

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minimum wage shenanigans [Aug. 4th, 2006|09:36 am]
Greg
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[Current Mood |confusedunsure]

So the House passed a bill a few days ago that would increase the minimum wage from $5.15 to $7.25. What the hell, you say? Did the Republicans see the light? Well, no. That bill also included a permanent cut in the estate tax, which would cost around $753 billion over 10 years (and affect fewer than 10,000 people). It failed in the Senate when most Democrats wouldn't support it.

Guh. I'm not sure how I feel about this. Had I been voting, I would have been very tempted to vote for the bills. I'm surprised the Democrats were able to hold the line so well...

Man, I can't wait to live in a blue state!
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Comments:
[User Picture]From: djedi
2006-08-04 04:10 pm (UTC)
Yeah, the sad thing is that it's a slightly complicated issue and most news outlets aren't doing a good summary of it. Headlines include crap like "Min wage bill fails" or "Dems sink min wage hike".
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[User Picture]From: gregstoll
2006-08-04 04:15 pm (UTC)
I've said it before and I'll say it again: Democracy simply doesn't work.
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[User Picture]From: wonderjess
2006-08-04 05:23 pm (UTC)
yeah, it's the worst political system, except for all the others. :)

there is some game theoretic evidence that democracy is a positively (not just normatively) good idea -- condorcet's long theorem says that have a group of three or more make a decision by majority vote is better than an individual making a decision as long as each individual has at least a 50% chance of being "right." and that's not the craziest assumption ever.
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[User Picture]From: medryn
2006-08-06 12:06 am (UTC)
Man, I can't wait to live in a blue state!

But Howard County is slightly more conservative than Travis County...
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[User Picture]From: gregstoll
2006-08-06 03:02 am (UTC)
Well, they're around the same. But very little I'm interested in passes at the county level, and Maryland and Texas aren't even close.
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