Thursday, January 05, 2006

State of the State

5:06 PM Arnold Schwarzenegger begins with a USC joke.

5:12 PM "We will never catch up unless we know where we are going."

5:15 PM Arnold begins proposing the big bond spending. Each proposal ends with "... I say build it!"

5:24 PM Arnold proposes $1 mininium wage increase.

5:26 PM Proposes reimportation of prescription drugs.

5:30 PM "The state of our state is sound because our dream is sound."

Nothing really good in the speech. The defeat in the special election shows. Some of the building will be cost effective and some will not, but all of the spending will come in one bond issue.

A minimum wage increase when legal workers are competing with illegal workers is even worse than normal. However, the minimum wage is already higher in some places. Cost of living is a local issue, so the minimum wage should not be a state or federal issue. A living wage is really a "living on your own" wage. If you are not worth a living wage before you are living on your own then you never will be.

Price controls on drugs is a bad idea and importing price controls is as bad. Drugs are always getting cheaper. They drop from price infinity (unavailable) to expensive, and then decrease further as competitors enter the market and patents expire. The amount spent on drugs is increasing, but the benefits from drugs are increasing more. The amount of money spent on many things is also increasing, but nobody is proposing price controls on cellular, broadband, and other emerging technologies.


Anonymous Anonymous said... Free MP3 song, Free MP3 songs, types of mp3 players, MP3 songs, free songs, popular MP3 songs, MP3 music, MP3 player, MP3 converters, artists, songs, MP3, advantages of MP3, MP3 files, audio CD, MP3 Converters, converters, audio files, WAV files, WMA files, VQF files, Free MP3 song, MP3-CD Converter, MP3-All Converter, MP3-WAV Converter, OGG, converters, MP3 music, MP3 player best freebie samples, freebie samples, desktop freebies, free online games, free kids game, free action games, free casino games, free ringtones, free dating services, free games, free music downloads, free dating services, dating services, online dating,
dating, free dating tips, dating tips, free dating advice, dating advice, alternative dating, ethnic dating, religious dating, regional dating, speed dating, speciality dating, free games, free online games, online arcade games, online puzzle games, online card games, online sports game, free kids game, free action games, kids card games, kids puzzle games baby name meanings, top baby names, new baby names, baby name guide, unusual baby names, top baby names meanings, choosing baby names, baby name profiles, search baby name meanings, baby naming tips, baby name factors, top ten baby names, top ten boy names, top ten girl names, top names biblical origins, top names of century, baby name meanings, baby name list meanings, baby name meaning list, baby name index, baby name meaning index, baby name directory

6/06/2006 5:07 AM  

Post a Comment

<< Home