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Cargo awaits unloading from ships off the Port of Long Beach, Calif., on Oct. 27, 2021. (John Fredricks/The Epoch Times) Commentary
Back on Oct. 15 in The Epoch Times , I was one of the first to blame California ’s high taxes and regulations for the shortages and clogged ports we’re all suffering, leading to higher prices.
On Oct. 21 on CalMatters, Emily Hoeven wrote, “In a Tuesday letter to Newsom, the business groups asked him to declare a state of emergency at the ports. They also demanded he suspend numerous controversial state laws, including one that requires developers to mitigate their projects’ environmental impact and another that forced many companies to reclassify independent workers as employees.”
She quoted the 19 business groups, who wrote: “The supply chain crisis at the ports is the inevitable culmination of … a series of state, regional and local mandates forced upon every aspect of the goods movement economy.”
There’s actually a theory for this, called the Wedge Model. It was developed by economist Arthur Laffer, who helped design tax cuts for Presidents Ronald Reagan and Donald Trump, California’s Proposition 13 tax cut from 1978, and many other tax cuts.
Another economist, the late Jude Wanniski, described it clearly back in 2002, so adjust for inflated prices and costs today. I’ll provide some contemporary comments.
Wanniski: “The ‘Wedge’ in the Wedge model should be pictured as a government Wedge that is used to come between two potential transactors. As Laffer developed it, he discussed the Wedge between an employer and an employee, between management and labor.
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“The worker gets paid $12.50 per hour or $500 per week, but because the federal, state and local governments take a variety of income and payroll taxes out of the wage, the worker sees a net of only $380, or $9.50 an hour. The $120 per week difference is the Wedge. The worker is doing $500 worth of work, but getting only $380 for his labors, and has a tendency to offer less labor as the Wedge increases.”
That explains why so many workers are not going back to their old jobs nowadays, even […]
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Most “Conservative” News Outlets Are on the Big Tech Teat
Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.
I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.
The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.
We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.
Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.
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Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.
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