TBT: Leftism in a Nutshell

In looking at the inflationary effects of so many people staying out of work on unemployment, I’d completely forgotten about this short post from 1 June 2019, “Leftism in a Nutshell.”  The post looks at the “degrowth movement,” a movement that sought “to intentionally shrink the economy to address climate change.”

Well, the degrowth movement—which I have not heard of since 2019—had the chance to try out their deranged economic experiment in 2020 during The Age of The Virus.  It turns out that fewer people working doesn’t mean “not as many brands at the grocery store”; it just means less of everything, and it’s all more expensive!

I’m not opposed to some personal minimalism.  Despite my love for miscellaneous bric-a-brac, I appreciate living beneath my means and cutting down on spending (I’m only a spendthrift at Universal Studios).  But re-reading the Vice article about the degrowth movement makes me think it’s just a flimsy intellectual excuse for laziness.

That is, after all, Leftism in a nutshell:  always the grasshopper, never the ant.

Here is 1 June 2019’s “Leftism in a Nutshell“:

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Disincentives to Work

A few weeks ago, I wrote a piece, “Fast Food Premium,” which argued that, as restaurants began offering higher wages and even signing bonuses to employees, those increased wages would get passed along to consumers, and would result in wider inflation (a big “thank you” to jonolan at Reflections from a Murky Pond for expanding upon the premise of my post with his own, excellent piece, “UBI —> UBM“).  My observations might be deemed “prophetic” if they weren’t so blindingly obvious:  higher input costs mean higher prices.  That’s basic economics.

Of course, the ongoing labor shortage is not due to a booming economy, per se, but due to excessively generous federal unemployment benefits, which have effectively increased the minimum wage for restaurant employees:  many such employees are paid more to stay at home, collecting unemployment, than they are to flip burgers, wait tables, etc.  Mogadishu Matt highlights this phenomenon in a reblog of a John Stossel piece:  the issue is not a labor shortage, but a problem of incentives.

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Lazy Sunday CXI: Bric-a-Brac II

In the spirit of yesterday’s Subscribe Star postBric-a-Brac,” it seemed like a good time to do another miscellaneous edition of Lazy Sunday.  Blogging daily means there are a plethora of miscellaneous posts that don’t necessarily fit into any major category, but as I noted in yesterday’s post, miscellany is the spice of life.

  • SimEarth” – I’ve been jonesing lately for four or five uninterrupted hours to sit down and play video games.  I’m a grown man with many responsibilities, but every now and then I want to spend an afternoon playing Civilization VI, conquering the world via cultural influence as France.  Las summer while recovering from a mystery illness I had the time to do some gaming, and dove back into the classic planet simulation SimEarth.  This post details my pitiful attempts at playing God.
  • Fast Food Premium” – This post, which is about UBI and the perils it presents, uses the fast food industry to illustrate the point.  Blogger buddy jonolan at Reflections from a Murky Pond generously reblogged it, providing his own, more in-depth commentary to supplement my brief sketch of the idea.  I highly recommend you check out his post.
  • SubscribeStar Saturday: Bric-a-Brac” (post on my SubscribeStar page) – The meat of this post is behind the paywall, so the preview just makes it sound like a self-indulgent essay on the toys on a windowsill in my kitchen.  My point is deeper, though:  little figurines, decorations, etc., aren’t merely pleasant trappings; they’re individual little touches that express our individuality, our creativity, and our liberty.  Little touches give life and warmth to our homes.

Well, that’s it!  Here’s hoping you enjoy this slightly-belated edition of Lazy Sunday.

Happy Sunday!

—TPP

Other Lazy Sunday Installments:

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Egged Off

An unfortunately perennial story that always gets traction here on the Right goes something like this:  precocious youngsters, hoping to engage in some earnest enterprise, start selling lemonade or the like from a roadside stand.  The kids are doing well and making good money (for kids), until an overzealous local health board official sends in the cops to bust up the lemonade stand.  Like Treasury Department revenuers smashing up a yokel’s still, these local officials destroy children’s dreams—and sometimes slap them with a fine.

It’s a story that guarantees outrage, and highlights the clueless, stringent rule-following of bureaucracies.  Yes, yes—technically you’re not supposed to sell lemonade and hot dogs without some kind of license, and the health department is supposed make sure your establishment is clean.  But these are kids, selling stuff on the side of the road.  Why bother?  Let them have fun and make a little money.

The latest such story involves two young ladies selling eggs in their town in Texas.  The Lone Star State has been reeling since the major winter storm hit a month or so back, and food supplies have been disrupted.  Having some backyard eggs for sale surely helped out some locals.

Unbeknownst to the girls—but beknownst to some overweening Karen, no doubt—a local ordinance prohibits the selling of eggs, though it permits the raising of chickens on one’s property.  That’s asinine.  Why can’t people sell eggs in a small town in Texas?

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TBT: Cass on Our Diminished Income

The other day my students and I were talking about the Model T Ford, which in the 1920s ran around $6000 in today’s money for a new car.  It is impossible to find a brand-new vehicle of any make for $6000 today.  Granted, a Ford Focus, for example, is packed with way more technology and safety features than a Model T from 100 years ago, and that technological advancement gets factored into the price.

But consider that in the 1990s, when Kia hit the American market, they advertised a new sedan for around $6999 (in 1990s’ dollars).  What would that be twenty-five years late—maybe $9000 or $10,000?  That price point, too, is virtually impossible.

I managed to purchase my current vehicle—a 2017 Nissan Versa Note SV—for right around $9100.  It has around 45,000 miles on it when I bought it, and had been a rental vehicle before I purchased it.  I got a steal on that car—the closest comparable I’ve found since then was a list price of around $8900 (the list for my car was $8000 even).  That’s for a four-year old subcompact hatchback.

I got lucky when I found that car.  I figured it would be easy enough to find a decent car for under $10,000 when I began vehicle shopping in late 2019.  Boy, was I wrong.  Vehicles last longer than ever before, and maintain their value a very long time.  They’re also, as mentioned, packed full of technology and safety features that weren’t present even twenty years ago.  Trucks in particular hold their value extremely well; to find a truck in my price range, I’d have had to purchase a Ford F-150 from 1994 with half-a-million miles on it.

It’s great that cars last longer and are safer.  But those features—many of which drivers will never need or use—drive up the costs substantially.  Such was the point of an illuminating Twitter thread by Oren Cass, which demonstrates that, despite earning more money, Americans’ expenses for basic goods are substantially higher, requiring a whopping fifty-three weeks of pay to cover now versus a mere thirty weeks in 1985.  Naturally, given that there are only fifty-two weeks in a year, that presents a problem.

I don’t know the solution, but as I wrote a year ago, “Something’s gotta give.”

Indeed.  Here is 28 April 2020’s “Cass on Our Diminished Income“:

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Fast Food Premium

There’s been a lot of discussion of UBI—Universal Basic Income—over the last few years, especially with the presidential primary run of Andrew Yang.  The concept is seductive in its simplicity:  gut the welfare state and its behemoth apparatus of bureaucratic pencil pushers and middlemen, and just cut every adult citizen a monthly check.

For fiscal conservatives, it’s a particularly toothsome Devil’s Bargain:  streamline an inefficient and wasteful bureaucracy and simply direct deposit a grand every month into Americans’ checking accounts.  Of course, it’s a siren song:  we’d just get the payments and still suffer with an entrenched bureaucracy, claiming $1000 a month isn’t enough to meet the specialized needs of whatever community they pretend to support.

Even if the deal were struck and every redundant welfare program were eliminated, there UBI would still be a bad idea.  Besides the absurdity of merely paying people to exist, it’s inherently inflationary:  if you give everyone $1000 a month, prices are going to go up.  Just as college tuition has soared because universities realized they could jack up the price and federal loans would expand to cover the costs, UBI would cause a similar rise in prices.  Sure, it’d be great at first, but the inflationary effects would kick in quickly.

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Lazy Sunday CIX: Pillow Talk

The David Hogg Good Pillow saga—the “Hogga?”—has drawn to end, with the youngster pulling out of his ill-fated progressive pillow company.  I can’t explain my interest in this story beyond sheer Schadenfreude, and the fact that I find Hogg an extremely distasteful individual.  He combines the worst elements of youthful arrogance and self-righteous virtue-signalling into one odious package.

The demands of daily blogging being what they are, the spiteful company’s short history also made for easy blog fodder.  Now that Hogg has withdrawn from the company, it seemed like a good time to compile my three posts on the subject in one place:

  • Hoggin’ the Pillows” – The beginning of Hogg’s misadventure in the world of business.  I expressed hope that he would come to his senses about the world as he tackled business; of course, that was naïve.
  • More Pillow Hoggin’” – About five or six weeks after the announcement that the company was starting, Hogg and his business partner settled on a name—and neglected to register the trademark, allowing a clever troll to register it first.  D’oh!  Things were not looking good for Good Pillow.
  • Pillows Smothered Hogg” – Now David Hogg has pulled out of Good Pillow, citing school conflicts and his desire to dedicate more time to activism.  Heaven help us; I’d rather he be wasting time working on a pillow that will never be made.

Well, that’s it for this (slightly spiteful) edition of Lazy Sunday.  Here’s hoping you all sleep comfortably on your MyPillow for your Sunday nap.

Happy Sunday!

—TPP

Other Lazy Sunday Installments:

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TBT^2: April Fool’s Day: A Retrospective

The Kindle version of The One-Minute Mysteries of Inspector Gerard: The Ultimate Flatfoot goes live today!  If you pre-ordered the book, it should pop up in your Kindle app today.  At $5, it’s a very easy lift, as is the paperback at $15.

It’s April Fool’s Day, a holiday for mirth and merriment, but one I dedicate to remembering the day twelve years ago when I faced unemployment during the worst job market since the Great Depression.

In rereading last year’s TBT and the original “April Fool’s Day: A Retrospective,” I’m reminded how good God has been to me.  Last year I’d lost most of my private lesson students due to The Virus; now, I’m back up to seven students (six weekly, one twice a month), and I’ve just released a book (the Kindle version goes live today!).  Gigging still hasn’t really picked back up, but Bandcamp sales have been decent (and another Bandcamp Friday is tomorrow!), and my front porch Spooktacular was a blast.

I’m still hustlin’, but I’m also taking more time to appreciate life.  Perhaps the hard slog of my twenties has finally paid off here in my mid-thirties.

With that, here are “April Fool’s Day: A Retrospective” and “TBT: April Fool’s Day: A Retrospective“:

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