CEO who raised workers’ minimum pay to $70K hits predictable problems

posted at 12:31 pm on August 2, 2015 by Jazz Shaw

Do you remember that millennial CEO from Seattle who raised the salaries of all of his employees to at least $70K to combat income inequality? That was a really inspirational story for many in the SJW movement and made Dan Price a sort of sainted figure among liberals as he paved the way toward a more fair and equal future. Unfortunately, as many conservative, free market analysts predicted at the time, such generosity can come at a cost. And now the young entrepreneur seems to be hitting the reality wall. (Fox News)

The Seattle CEO who reaped a publicity bonanza when he boosted the salaries of his employees to a minimum of $70,000 a year says he has fallen on hard times.

Dan Price, 31, tells the New York Times that things have gotten so bad he’s been forced to rent out his house.

Only three months ago Price was generating headlines—and accusations of being a socialist — when he announced the new salary minimum for all 120 employees at his Gravity Payments credit card processing firm. Price said he was doing it, and slashing his $1 million pay package to pay for it, to address the wealth gap.

“I’m working as hard as I ever worked to make it work,” he told the Times in a video that shows him sitting on a plastic bucket in the garage of his house. “I’m renting out my house right now to try and make ends meet myself.”

The fact that Mr. Price himself is cutting corners in his personal life really has nothing to do with this story. It was his own choice to slash his salary and he is the only one responsible for his home budget. So be it. But he describes a number of other woes which were not only predictable, but probably unavoidable. First of all, some of his higher performing workers have quit. Why? Because people who were “just clocking in and out” with the “least skills” (as one former employee put it) got huge raises while the top talent got little or nothing. This is similar to a theme we’ve discussed here before, such as the backlash we can expect from people who have skilled labor jobs paying 15 or 16 dollars an hour when they suddenly see the guy running the fry machine getting the same thing.

Long time customers also bailed out on Gravity either because of disagreements with his politicized business policies or fears that he was raising his rates to cover his generous employee compensation package. The other person who is up in arms is the CEO’s own brother who is currently taking him to court. The sibling is a 30% partner in the firm and is watching the value of his investment (and his own income) melting away before his eyes. What is an investor supposed to do when the CEO suddenly appears to lose their mind and begins giving away all the company profits and crashing their revenue forecasts?

I’m sure Mr. Price is a very nice man and he clearly cares about people in general. But his move to push his generous nature into his business model is returning precisely the sort of results which the free market predicts.


Related Posts:

Breaking on Hot Air

Blowback

Trackbacks/Pings

Trackback URL

Comments

Comment pages: 1 4 5 6

The perfect record of Communism as a major fail.

Hening on August 3, 2015 at 9:32 AM

that millennial CEO

Dan Price, 31

Does anyone else see a problem with the reporting here?

GWB on August 3, 2015 at 9:34 AM

All jobs are equal. Whether you’re an accountant or the guy cleaning up at night each job has a value to the CEO, if it wasn’t important he would eliminate that job position.

OliverB on August 2, 2015 at 3:02 PM

They have a value, but just saying they have a value does not demonstrate that they have equal value.

Yes, you need night janitors. Now think of the job skills required to sweep some carpets and empty out some bins. If the night janitor left tomorrow, how many people could he get to fill that role? At this point in our society, it’s probably getting contracted or temped out, if anything.

You also need, say, a database administrator. If that guy left tomorrow, how many people could he get to data model and integrity for a multi-national corporation with a dozen satellite locations and millions of people trusting billions of dollars to the promise the data is accurate, accessible, and secure, 24 hours a day?

Not every job requires the same or even equivalent skills, and some jobs have a smaller pool of people who could do the job properly. A job with fewer qualified applicants is in higher demand, and thus has a different valuation. It’s not a moral judgement on the person, and it has nothing to do with what that person “deserves” out of life. It is simply the value of their contribution to the company as a whole.

The Schaef on August 3, 2015 at 9:35 AM

All jobs are equal. Whether you’re an accountant or the guy cleaning up at night each job has a value to the CEO, if it wasn’t important he would eliminate that job position.

OliverB on August 2, 2015 at 3:02 PM

So POTUS and a migrant worker should be paid the same salary?

BobMbx on August 3, 2015 at 9:49 AM

All jobs are equal. Whether you’re an accountant or the guy cleaning up at night each job has a value to the CEO, if it wasn’t important he would eliminate that job position.

OliverB on August 2, 2015 at 3:02 PM

So, all products are equal, too, then? I should be able to go out and get a Maserati for the same price as a Hyundai, right? Or a sirloin for the same price as chicken giblets?
You really can’t argue the one without arguing the other.

GWB on August 3, 2015 at 9:54 AM

Heh, this is straight out of Ayn Rand’s “Atlas Shrugged”. Twentieth Century Motors was inherited by the kids of the founder and they decided to pay each according to their need and expected the work out of those that were capable according to their abilities. They would meet twice a year to state their expectations of those that were the producers and to state the “need” of their loafers. The lead engineer and his genius protege’ were the first to quit. The rest of the workers were supposed to work for the benefit and love of their fellow man, not their own selfish reasons.

Lord, marxists are so stupid, I wonder if they are all botched abortions that had their brains partially sucked out.

LOL, I love it when marxists fail so brilliantly.

Geministorm on August 3, 2015 at 9:58 AM

Guess what Losers? He’s only 31. He’s going to come back better and stronger. What were you people doing at 31? Not running a successful business. To get to paradise you have to go through hell. My prediction is that he is going to regroup and make this scheme a success.

OliverB on August 2, 2015 at 1:57 PM

You are killing me, each time you post something it just keep getting better!

I love how you reference paradise, like this guy is ever going to be successful, or that marxism will ever create a utopia. The only way Mr. Price will ever run a successful business is if he overcomes his indoctrination and abandons marxism. This failure was completely predictable and expected, no one had to root for it to happen, it was guaranteed. The next company he heads up and suckers investors into funding will have exactly the same results, so grab your popcorn because you can witness this idiot repeat his behavior and get exactly what he deserved.

As for you, if you hold similar notions, I can guarantee you’ll NEVER become successful either. Never mind that it is anathema to your principles (to succeed is to be ‘better’ than someone else). But, what I expect is that you’ll redefine “successful” to be something esoteric and proclaim your “goodness” in light of humanity. This ‘story’ was written 60+ years ago, and is so spot on it’s uncanny. You can call failure any name you want, but don’t expect others to follow your lead, their likely to use you as an example to their kids of what NOT to do….see that homeless man over there begging for food, that’s what happens when idiots believe in that crap Marx and Engles wrote.

BTW, when I was 31, I owned and lived in my own house (instead of needing to rent it out) with my wife and first daughter. I had a job paying more than $70k too. I think just that makes me a lot more successful than this loser.

Geministorm on August 3, 2015 at 10:18 AM

Does anyone else see a problem with the reporting here?

GWB on August 3, 2015 at 9:34 AM

Yeah. At that age, more ideas than experience. Also why we shouldn’t have professional politicians. They go to school, graduate and immediately go into politics without a shred of experience about work and relationship to worth.

Same BS with Facebook, except Mark is the face, not the power behind the board. If mark got too leftist in policy, the board would kick him out in an instant.

AH_C on August 3, 2015 at 10:19 AM

All jobs are equal. Whether you’re an accountant or the guy cleaning up at night each job has a value to the CEO, if it wasn’t important he would eliminate that job position.

You should go on the road, each comment you make tops the previous!

If a surgeon educates themselves and trains for 12 years to obtain the necessary skills to save a human life, that job is equal to the training and abilities needed to push a mop around on a gym floor in some elementary school I guess, huh? How about an engineer developing the solution to your customer’s problems vs. the barista down in the cafe?

Seriously, I’m amazed you’re able to feed yourself. How does someone go through life so entirely screwed up in their thinking? Have you had absolutely zero experience with humans and society?

Geministorm on August 3, 2015 at 10:36 AM

He did a noble thing and must be commended but he went about it the wrong way.

weedisgood on August 3, 2015 at 10:46 AM

Regarding this article/news, I’m really surprised the board allowed the CEO to enact this policy. I haven’t met too many people that are willing to just throw their money away and embarrass themselves in public, not to mention the ethical issue with purposefully ruining the livelihood of the employees.

It really needs to be asked, why do progressives/marxists keep repeating the effort to implement their ideology when it fails each time? What does it take to be discredited once and for all? It’s been like 165 years now, since Marx and Engels published, what’s to figure out?

Geministorm on August 3, 2015 at 10:46 AM

He did a noble thing and must be commended but he went about it the wrong way.

weedisgood on August 3, 2015 at 10:46 AM

What-the-what?

He did a “noble thing” ?!? What the hell is noble about wasting his investors’ money, destroying the livelihood of his employees, and ruining not only his own financial situation, but embarrassing himself publicly?

He may have had good (but idiotic and naive) intentions, but there is nothing noble about what he did. Maybe you don’t understand what “noble” means? Do you think that what he did was uphold some virtuous ideals or principles? Is there something virtuous about rewarding slackers (my word) while punishing capable employees? Do you think it is *fair* to pay the guy that sits in front of his PC watching cat videos all day the same as his neighbor who is fixing a problem with a customer? How about the mere lunacy of paying a janitor the same as some technical expert who designed your system that permits your company to even provide a service?

I’ve got a better question for you. If you were an astronaut, and you’re going to be launched into space via rocket, would you think (or want) the engineer in charge of the rocket design and life support systems job was just as valuable as the window washer’s? You may not value your life, but me, I’d want the most capable and experienced guy I could find for the engineering position, for the window washer, not so much.

Geministorm on August 3, 2015 at 11:00 AM

You folks make me sick. Reading the comments one can clearly see the joy being expressed at this man’s tough times. You people made me a little more cynical in the human condition. This is what happens when a moral man comes up against the machine of greed. He was bound to hit a brick wall because the system is rigged. The disloyalty of his former employees. Here is a classy go-getter being sold down the river by even his brother! Sick.

OliverB on August 2, 2015 at 1:41 PM

I had to go back and deal with this one. . .

I re-read all of the comments up to yours herein quoted. Nobody sounded joyful. They did sound smug, and there’s a gigantic difference. We feel badly for all of the employees who will suffer for this idiotic anti-business decision. But we also can’t understand how someone could become a CEO, and still do something so brainless to his company. Good intentions cannot take the place of good sense. Mr. Price deserves what befalls him for attempting to substitute wishes for facts. He deserves to be deserted by his investors, sued by his board members, and fired by his productive and marketable employees. These are facts, and there is no emotion connected to them.

It is your ilk, making everything about feelings instead of reality, who take joy in the pain of others. Conservatives aren’t wired that way. We may find amusement in the latest example of socialism failing as it always does, but that’s human nature.

Freelancer on August 3, 2015 at 11:05 AM

He did a noble thing and must be commended but he went about it the wrong way.

weedisgood on August 3, 2015 at 10:46 AM

Just as noble as curing my poor dog’s fleas with a shotgun- it was a chemical-free, all natural cure and very inexpensive but anyone with a lick of sense could have told me it would have consequences I didn’t foresee.

Paying people way above their value to your company may seem noble to you, but its inherently unfair and inequitable to the employees, besides the fact it will inevitably lead to lower productivity.

However, had Mr. Hippie McUptwinkles actually cared about sharing the wealth, he would have formed a sensible profit-sharing scheme for his employees. Each one could have benefited exactly in proportion to their efforts and accomplishments and the company would have been around in the future to continue to employ these people.

What he was doing, though, was using this $70K minimum/I Am A Helluva Guy idea as an attempt to cash in on the SJW cachet (as evidenced by the ENORMOUS amount of effort put into publicizing this) and his pencil wasn’t sharp enough to calculate the financial blowback vs the potential new customers.

Dolce Far Niente on August 3, 2015 at 11:07 AM

No, he didn’t. It’s disgusting that he paid people so little. He should have paid them at least $100 per hour, right?

blink on August 3, 2015 at 11:05 AM

He went about it the wrong way. Minimum wage never meant everyone makes the same. Bernie Sanders won’t even endorse this plan.
He could have raised salaries without making paying everyone the same.

This incident should not be used to make an argument against minimum wage increases.

Apples and Oranges…Some people don’t understand the word “minimum”.

weedisgood on August 3, 2015 at 11:21 AM

For you dimwitted marxists out there, I’ll state the obvious;

– Specialization or expertise makes one person more valuable than someone without. If you had a genetic heart problem and a choice between a decent cardiothoracic surgeon or the world’s best podiatrist, which would you want to operate on you?

– Scarcity/Competition can make one person more valuable than someone else. Say you ran a CPU company and had a large population (let’s say, 1 million) as a hiring pool; if there are 999,000/1M people that know how to mop a floor, but only 10/1M of them knows how to develop a CPU, the 10 are much more valuable to me than the 999,000. Likewise, if my floor mopper decides to go to another firm and mop their floors, you don’t have much to worry about to either replace them or fear that their special floor mopping techniques will have an impact on your company. On the other hand, if the CPU engineer says that they will be leaving, you’ll have to worry about getting someone that can fill that role and if they’ll take expertise to your competitor and harm your company.

– Education, training and experience can make one person more valuable than someone else. If your company was facing an audit by the IRS, would you want a CPA that had experience with prepping for an audit, or a new grad?

– Proven success makes some people more valuable than someone else. If you owned a NFL football team and (knowing what you know now) could go back to the 1999 draft, who would you pick between Ryan Leaf and Peyton Manning? What if Ryan Leaf asked for $10/year and Peyton Manning asked for $10M/year, would that change your choice?

I could go on, but if your head is still so far up your butt that you can’t get clear of your haze, then I’m wasting my time.

Geministorm on August 3, 2015 at 11:24 AM

AH_C on August 3, 2015 at 10:19 AM

I was more concerned with the idea of a 31yo being a “millennial”. (That means he was born in 1984. Pretty sure the definition of “millennial” is born a bit later than that.)

This incident should not be used to make an argument against minimum wage increases.

weedisgood on August 3, 2015 at 11:21 AM

Really? Because even if he had only made the minimum wage $70k/yr, how much would it have jacked up prices for his customers when he had to raise other people’s salaries commensurately? In either case, he ignored the market completely and tried to impose his will upon it. It doesn’t work that way, and any businessman who thinks it does should be run out of business altogether.

GWB on August 3, 2015 at 11:38 AM

Really? Because even if he had only made the minimum wage $70k/yr, how much would it have jacked up prices for his customers when he had to raise other people’s salaries commensurately? In either case, he ignored the market completely and tried to impose his will upon it. It doesn’t work that way, and any businessman who thinks it does should be run out of business altogether.

GWB on August 3, 2015 at 11:38 AM

So we should do away with the minimum wage? Is that your point here?

weedisgood on August 3, 2015 at 11:50 AM

So we should do away with the minimum wage?

weedisgood on August 3, 2015 at 11:50 AM

Yes.

Star Bird on August 3, 2015 at 11:55 AM

I tried to come up with a way to make my liberal friend understand the whole wage and price issue.

I asked him if all prostitutes should charge the same rate regardless of their looks.

But, the best you can ever do when trying to educate a progressive, is that for a brief moment they might see the light but their liberal idiot brain immediately resets itself to default moron mode.

esnap on August 3, 2015 at 12:02 PM

No, it should be $100 per hour. If you disagree, then tell me what you think it should be.

blink on August 3, 2015 at 12:01 PM

You didn’t answer the question…should we do away with the minimum wage?

weedisgood on August 3, 2015 at 12:03 PM

He did a noble thing and must be commended but he went about it the wrong way.

weedisgood on August 3, 2015 at 10:46 AM

Poster Boy! The one man fight for showing the detrimental effects of chronic pot usage.

Just out of curiosity, do you think your weed addled brain could explain the right way to do the “noble thing”?

Neitherleftorright on August 3, 2015 at 12:05 PM

So we should do away with the minimum wage?
 
weedisgood on August 3, 2015 at 11:50 AM

 
No…
 
blink on August 3, 2015 at 12:01 PM

 
You didn’t answer the question…should we do away with the minimum wage?
 
weedisgood on August 3, 2015 at 12:03 PM

 
Duuuude.

rogerb on August 3, 2015 at 12:08 PM

No, it should be $100 per hour. If you disagree, then tell me what you think it should be.

blink on August 3, 2015 at 12:01 PM

You didn’t answer the question…should we do away with the minimum wage?

weedisgood on August 3, 2015 at 12:03 PM

Poster Boy.

Put down the bong and get your mind into the game. You didn’t ask that question of blink you asked it of GWB.

Oh, and though you didn’t ask me, of course we should do away with the minimum wage. It is artificial price and wage fixing.

Neitherleftorright on August 3, 2015 at 12:12 PM

Says the imaginary engineer, from his imaginary company, that he invented in his own imagination where it remains.

Neitherleftorright on August 2, 2015 at 4:04 PM

I haven’t ‘invented’ any companies, don’t know where you get that. But, yes, I am an engineer with a fortune 500 company. In fact I’ve worked for three fortune 500 companies, although only 2 in a technical capacity.

Tlaloc on August 2, 2015 at 4:38 PM

You really should pay attention when you read. I said an imaginary company as it is obvious that you have never created or run a company. But you pretend to know all the answers to creating and running a company.

Pretending you are the smartest person in the room will not make it so, no matter what teacher and mommy told you.

Neitherleftorright on August 3, 2015 at 12:25 PM

No, it should be $100 per hour. If you disagree, then tell me what you think it should be.
blink on August 3, 2015 at 12:01 PM
You didn’t answer the question…should we do away with the minimum wage?
weedisgood on August 3, 2015 at 12:03 PM

Dude, are you Fluking blind?? He said, NO, it should be $100/hour and YOU are supposed to tell US whether that is a good enough number.

#idiotcontrolnow

Nutstuyu on August 3, 2015 at 12:32 PM

Thought experiment. Let’s say you’re a broom pusher at a successful start-up in north California, and for the sake of argument you’re actually an employee and not working for a contractor who pays you $5/hr because you’re illegal. Now let’s say that your employer decides to up everyone’s wage to $35/hr, and you know for a fact (somehow) that the business will stay in business and the new wage policy will not change. Is this good new for you?

No. Suddenly, every well-educated person in a 500-mile radius is going to want your job, and they’ll work hard and go the extra mile in ways that you cannot to get it. Your broom sweeping career days are numbered my friend.

Second experiment. You’re a bright and talented young person who isn’t terribly ambitious. You have a choice between a salaried position as a marketing director, and pushing a broom, both for the same compensation. In the former, you’ll work 60 hours a week on an easy week and you’ll be under constant pressure. In the latter, you’ll work forty hours, and leave your job at work when you go home. Which will you take? What impact will that have on the potential productivity that you would otherwise have contributed under a rational system of compensation? Why even go to college? Why even finish high school. If I could have earned $70K pushing a broom when I was sixteen, I’d have been on it like a duck on a june bug. Get my GED and go to night school so I could work a lot harder for that same $70K? Get real, moron.

Immolate on August 3, 2015 at 12:33 PM

This incident should not be used to make an argument against minimum wage increases.
Apples and Oranges…Some people don’t understand the word “minimum”.
weedisgood on August 3, 2015 at 11:21 AM

Perhaps I missed it, but I believe that you are the only person on this thread that has tried to make this particular story about ‘minimum wage’ both yesterday and today.

Hopefully you are on the east coast or in some even earlier time zone. it is awfully early to already be stoned into insensibility.

LegendHasIt on August 3, 2015 at 12:34 PM

So we should do away with the minimum wage?

weedisgood on August 3, 2015 at 11:50 AM

Yes. Totally. (I’m not adverse to states experimenting with stupidity, though.)

Is that your point here?

No, my point there was that your statement was nonsensical. But it also works as a statement against the minimum wage, in general.

GWB on August 3, 2015 at 12:35 PM

You didn’t answer the question…should we do away with the minimum wage?

weedisgood on August 3, 2015 at 12:03 PM

You can’t do away with the minimum wage. It has always existed and will always exist, and has never changed. It is zero dollars/yen/drachma/rubles/euros per hour. Come up with any currency you care to and I’ll do a quick exchange rate calculation for you.

Immolate on August 3, 2015 at 12:35 PM

This incident should not be used to make an argument against minimum wage increases.

Apples and Oranges…Some people don’t understand the word “minimum”.

weedisgood on August 3, 2015 at 11:21 AM

The two go hand in glove. When every wage must be a “living wage”, and when “at some point, you’ve made enough money”, guess what, you meet in the middle.

So we should do away with the minimum wage?

weedisgood on August 3, 2015 at 11:50 AM

No…

blink on August 3, 2015 at 12:01 PM

You didn’t answer the question…

weedisgood on August 3, 2015 at 12:03 PM

/headdesk

The Schaef on August 3, 2015 at 12:36 PM


I asked him if all prostitutes should charge the same rate regardless of their looks…

esnap on August 3, 2015 at 12:02 PM

+1

Good one. I’m not sure they reset to moron mode though, some just go into a BSoD and don’t bother to try. Weed’s method probably involves a bunch of cannabis, some Cheetos and Cartoon Network. He doesn’t even realize it’s a BSoD until he suddenly jerks awake covered in orange dust and Adult Swim is on.

Geministorm on August 3, 2015 at 12:58 PM

He’s lying when he claims that he’s an engineer.

blink on August 3, 2015 at 1:11 PM

Weed claims to be an engineer and that other font of infinite wisdom, tlaloc claims to be an engineer. Could it be they went through the same troll classes?

Neitherleftorright on August 3, 2015 at 1:23 PM

Wow, even Limbaugh is talking about this now.

Given all the bad stuff that is happening in the world, it seems an insignificant event, effecting few.

But then it is a good example of why Marxism ALWAYS fails, so it is a good object lesson for those who think Ayn Rand and ‘the Austrian School’ Economists are just mean selfish cranks.

LegendHasIt on August 3, 2015 at 1:35 PM

What kind of engineers are they? Are they diploma engineers (as in, they went to engineering school and graduated as an _______ engineer), or are they called an ‘engineer’ by their employer?

As an Electrical Engineer (says so, right there on my diploma), it matters to me. I work for one of the top 10 engineering firms in the US and there are any number of software programmers/developers here that are called “software engineers” and computer scientists (computer science degrees) that are called “system engineers” or “network engineers”…that doesn’t mean they’re actual “engineers”, in my book.

Just wondering, ’cause liberals were a pretty scarce commodity in my engineering school, I can only think of one professor that was a lib and he kept it quiet because he was the outcast. Even my science and math profs (except this one French douche bag that taught Calc II) were all conservatives. My Taiwanese/Chinese professors were the best, coming from communist China, they had no tolerance for American students that had their heads filled with Marxist/Progressive crap taught in our indoctrination centers (public schools). They quickly weeded them out and gave them little consideration when we were looking for mentors, positions in their studies/labs or sponsors for our masters/doctorates.

Geministorm on August 3, 2015 at 1:36 PM

I had a Vietnamese prof that taught Circuits I & II, couldn’t speak a lot of English (enough to teach the material, but his conversational English was strained, brilliant guy though), and he told me early on that the Asian profs all considered lib Americans to be “soft headed”, unable to grasp difficult concepts, except to memorize, and weren’t good at developing new ideas. Good for lab rats, not for working studies or interesting doctorate theses.

Geministorm on August 3, 2015 at 1:45 PM

I also asked him if his degrees were BA and MA. He never answered.

blink on August 3, 2015 at 1:43 PM

Um, the correct answer is, ‘neither’. Bachelor and Master of Science (BS, MS) are the correct degrees. At least, that’s what mine say. Why would any university give a Bachelor or Master of Arts for science based disciplines?

Curious.

Geministorm on August 3, 2015 at 1:49 PM

As an aside, I’d say a majority of the engineers I know and work with are sort of introverted (socially awkward) and concentrate almost exclusively on data, theory, outcomes, troubleshooting, dabblers in little home projects, etc. Pretty much detached from emotional leanings, except with their family or pet projects. I think libs/progressives are very much rooted in the emotional, making them good candidates for manipulation rather than rationale. Just writing this made me think of Mr. Spock from the original Star Trek, not that emotion is “bad”, just that it isn’t very useful when making decisions in scientific endeavors. That’s probably why so many of my colleagues are conservative. Cause and effect, they understand that collectivism/marxism/statism fails and they don’t need to keep repeating the exercise to try and force it to “work”.

Geministorm on August 3, 2015 at 2:01 PM

All jobs are equal. Whether you’re an accountant or the guy cleaning up at night each job has a value to the CEO, if it wasn’t important he would eliminate that job position.

OliverB on August 2, 2015 at 3:02 PM

I suggested several times that the Democratic National Committee and the White House lead the way by implementing an ‘equal pay’ policy, but apparently the Capitalist Pigs In Charge of those organizations have different ideas when those polcies might have an adverse effect on their own pay or the effectiveness of their organization.

And that’s one more reason not to belive the hype or trust those hypocrites.

s1im on August 3, 2015 at 2:19 PM

Because leftists hate science.

Hard to tell, I’m not sure if it is ‘hate’ so much as they don’t understand it, can’t quite grasp it, so they belittle it like they’re above it.

Geministorm on August 3, 2015 at 2:20 PM

And that’s one more reason not to belive the hype or trust those hypocrites.

s1im on August 3, 2015 at 2:19 PM

Version 2.0 of this idea is, when limousine liberals stop using fossil fuels to fly around the world to attend Climate Change conferences, then you’ll know they believe their own “Earth’s greatest threat” crisis hype. I’ve always wondered why they didn’t simply use video conferencing (even something as simple as Skype) and promote their “green” efforts…but, then I remember they’re hypocrites that are just taking a vacation to some nice hotel in Europe to drink, eat and screw. After all, conservation is for the plebs.

Geministorm on August 3, 2015 at 2:25 PM

He’s lying when he claims that he’s an engineer.

blink on August 3, 2015 at 1:11 PM

Weed claims to be an engineer and that other font of infinite wisdom, tlaloc claims to be an engineer. Could it be they went through the same troll classes?

Neitherleftorright on August 3, 2015 at 1:23 PM

I think weed is the kind of engineer that drives a train at an amusement park.

Tlaloc claims to be an engineer for a Fortune 500 company, which I guess means he drives a train at Six Flags.

GrumpyOldFart on August 3, 2015 at 2:26 PM

I think weed is the kind of engineer that drives a train at an amusement park.

Tlaloc claims to be an engineer for a Fortune 500 company, which I guess means he drives a train at Six Flags.

GrumpyOldFart on August 3, 2015 at 2:26 PM

I don’t care who y’are, dat’s funny right dere.

The Schaef on August 3, 2015 at 2:48 PM

I think weed is the kind of engineer that drives a train at an amusement park.

Tlaloc claims to be an engineer for a Fortune 500 company, which I guess means he drives a train at Six Flags.

GrumpyOldFart on August 3, 2015 at 2:26 PM

Ha!!!

Neitherleftorright on August 3, 2015 at 2:49 PM

He did a noble thing and must be commended but he went about it the wrong way.

weedisgood on August 3, 2015 at 10:46 AM

Only a moron would think that destroying your company and causing your best people to leave while putting all your employees’ jobs at risk because your a feel-good idiot is doing something noble.

earlgrey on August 3, 2015 at 3:34 PM

I work for the man that needs a decent meal. I work for the inner city youth who has never had fresh food. I work for the single mother working two jobs and opening up her brown bag in the break room. I am the American Farmer.

OliverB on August 2, 2015 at 8:21 PM

No, you work for yourself. If you didn’t earn some kind of income, you wouldn’t be farming very long. Who are you trying to kid? Yourself?

MsYoung on August 3, 2015 at 4:03 PM

I think weed is the kind of engineer that drives a train at an amusement park.

Tlaloc claims to be an engineer for a Fortune 500 company, which I guess means he drives a train at Six Flags.

GrumpyOldFart on August 3, 2015 at 2:26 PM

Well played sir, well played.

Many leftists claim to understand science, but after a few moments of discussion you realize that they really only have some facts memorized…

blink on August 3, 2015 at 2:37 PM

That much is obvious, anytime you hear someone claim that scientists “agree”, that the “science is settled”, or that there is a “consensus”, you know you’re listening to a layman relaying what they were told. There is really never any use in arguing with a lib, they aren’t swayed by reason/facts or willing to question their information. Has the numerous failures and human destruction of socialism, marxism, and communism swayed progressives from pursuing it here? That is why I was so amused in my earlier posts, it is so entirely predictable, and yet Mr. Price attempted it anyway. For me, it’s like reading the Darwin awards.

Geministorm on August 3, 2015 at 4:07 PM

Law of Unintended Consequences

The Law crops up when people assume that their initial intentions have no collateral or consequential impacts/effects.

The CEO cut his salary and figured that he could then increase the starting salary for his employees.

He didn’t consider: the impact of such a change on existing employees who have been employed for a long time, particularly in their perception of their worth, the impact of such a change on the perceptions of his customers, the impact of such a change on the 30% owner who happens to be his brother.

To the extent that he has unilateral authority, maybe all for the good. A sole owner who causes problems for himself by exercising his unilateral authority deserves the benefits and problems that come from that.

So the Law still applies. Note that the Law does not mean he won’t survive and thrive. It must means that there are more things happening than his narrow intention.

Russ808 on August 3, 2015 at 4:22 PM

I work for the man that needs a decent meal. I work for the inner city youth who has never had fresh food. I work for the single mother working two jobs and opening up her brown bag in the break room. I am the American Farmer.

OliverB on August 2, 2015 at 8:21 PM

Seriously now, are you an adult? If so, how do you manage to get by day-to-day with this level of ignorance? You must be on the government dole if you are this far gone. Honestly, it boggles the mind how some people are so adverse to their own independence, liberty and freedom…as if your greatest wish is to be enslaved to an all-powerful and coercive government. People the world over have left their leftist hell-holes to have a chance to pursue the opportunities the US offers, but what you would tell them is that they need to come here to work for the needs of others?!? Why leave, if so?

You need to move to another country and volunteer to, “…work for the single mother…” in some communist “utopia”. Work for others there for a few dozen years and then come back and let us know how that goes.

Only libs could be so bassakwards as to try to supplant the greatest success story in human history with the most idiotic failure (in terms human lives lost, economic destruction and misery) ever devised. One hundred and sixty-five years and libs just keep parking their faces in front of a swinging sledgehammer…priceless.

Geministorm on August 3, 2015 at 4:24 PM

farsighted on August 2, 2015 at 10:05 PM

OMG you’ve never read him!? This is hilarious! And you’re trying to school me on economics? Read your own ideologues before calling me stupid. Never heard of “creative destruction”. Wow.

OliverB on August 2, 2015 at 10:34 PM

So, no cite where Shumpeter says ‘All jobs are equal’?

Didn’t think I’d see one.

farsighted on August 3, 2015 at 7:58 PM

Portrait of a moron…………

ultracon on August 4, 2015 at 10:54 AM

Comment pages: 1 4 5 6