Average salary in Long Beach port versus average salary in China.
Clerical workers in Los Angeles, Long Beach ports make an average base salary of $87,000 a year.
When vacation, pension and other benefits are factored in, their annual compensation package reached $165,000 a year.
Port of Los Angeles received from China imports valued at$110,517,865,053 in 2010 (more than 50% of total imports).
Average Salary in the Manufacturing Sector in China is $ 134 monthly.
Thursday, December 6, 2012
Wednesday, December 5, 2012
What do you need to finance the welfare state?
What do you need to finance the welfare state?
There is no way to finance the welfare state with taxes and public debt.
In order to finance the welfare state you need the printing money machine.
And the money printed for that machine must be the reserve currency of the world.
There is no way to finance the welfare state with taxes and public debt.
In order to finance the welfare state you need the printing money machine.
And the money printed for that machine must be the reserve currency of the world.
Tuesday, December 4, 2012
What is the human capacity to be lazy, fat, uneducated, homeless, smoker and whatever you want to be and to pay the price for it?
It is freedom.
Freedom is the human capacity to be lazy, fat, uneducated, homeless, smoker and whatever you want to be and to pay the price for it.
Freedom is the human capacity to be lazy, fat, uneducated, homeless, smoker and whatever you want to be and to pay the price for it.
Monday, December 3, 2012
Why university is not a good investment
Why university is not a good investment.
Two-thirds higher education of graduates now take out loans.
9.1% of borrowers in 2011 had defaulted on their federal student loans within two years of graduating.
3% of US GDP is spent in higher education.
Coursera and Udacity are free.
Two-thirds higher education of graduates now take out loans.
9.1% of borrowers in 2011 had defaulted on their federal student loans within two years of graduating.
3% of US GDP is spent in higher education.
Coursera and Udacity are free.
Sunday, December 2, 2012
Elites and bureaucrats are the middlemen in the transfer of resources from the tax payer to the poor
Elites and bureaucrats are the middlemen in the transfer of resources from the tax payer to the poor and vulnerable and the cut that elites and bureaucrats are taking for their job is becoming bigger and bigger.
Saturday, December 1, 2012
Liberty creates more inequality.
People vote indicates a belief, or a whim, but not a choice.
Economic growth is needed to improve the well-being of the poor, and economic growth means instability.
People who cannot govern their own lives cannot afford nothing unpredictable.
Liberty creates more inequality.
Entitlements are becoming the modern social injustice.
Economic growth is needed to improve the well-being of the poor, and economic growth means instability.
People who cannot govern their own lives cannot afford nothing unpredictable.
Liberty creates more inequality.
Entitlements are becoming the modern social injustice.
Friday, November 30, 2012
The best economic indicators
The best economic indicators
The number of days in a week the van of my neighbor is in his driveway.
The number of days the usual perfect used car that my neighbor put on sale for $2.000 stays in the his driveway.
The number of days the foreclosure for sale signs in my neighborhood stay in the yard.
The number of days in a week the van of my neighbor is in his driveway.
The number of days the usual perfect used car that my neighbor put on sale for $2.000 stays in the his driveway.
The number of days the foreclosure for sale signs in my neighborhood stay in the yard.
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