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Non-Tech : Kirk's Market Thoughts

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isopatch

To: isopatch who wrote (11382)	6/9/2021 7:12:16 PM
From: Kirk ©	1 Recommendation of 26524

I meant Joe as in Kamela's Joe... not Mr. Carson. Oddly, Donny was good for the democrats as low oil prices by his energy policies were not good for oil company profits. Low oil prices are mostly good for working stiffs like gardeners who don't have subsidized housing near where they work who drive long distances from homes they can afford to homes that can afford to pay them to keep gardens neat and tidy. High oil prices are good for encouraging using electric cars rather than ICE cars. When Donny got oil prices down, Democrats in Taxifornia got the wealthy to buy the electric cars by letting them drive for free in the HOV (3 or more) commuter lanes while the gardening trucks often only had two passengers so they had to drive in traffic. I saw a piece showing how the workers who gut and pluck chickens are paid tiny wages for dirty, smelly work standing on their feet all day in bad air that easily spread COVID. In the South, these jobs were usually done by AA women hence all the noise about low pay for POC as well as females. My chicken consumption doesn't change if I pay $1 per pound or $3 per pound (on sale at Sprouts) for skinless chicken breasts so I'm fine with paying better wages to hard working people. Better wages means more $ into SS pot to pay me when I start collecting in about 6 years. The "transitory issue" will probably depend on if the massive meal of B52 carpet bombing money can work its way through the system like a snake swallowing a huge meal... without killing or stretching out the snake too far. Best way to do that is what the GOP governors have done is shut off the $300/wk extra unless people really can't get their old jobs back. I'd be good with a letter from their former employer every week saying they don't have openings at the old pay rate or more... This could be good news for fiscal conservatives if high school kids are now desirable since restaurants can't find illegal aliens to work for them (they all went into construction or back to their countries.) That would come from kids actually working hard and seeing a good chunk of their paychecks going to the government to pay "disabled" workers and give handouts to those who don't want to work.

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