10-30 Politically Incorrect Daily

Political Memes and Funny Pictures

you joe killing people texting back dont settle less
dog break window ac on pop country
books policy procedures manual how we really do things
you know getting old clothes used to wear now halloween costume
extinct species dodo bird mammoth moderate democrat
jen psaki medicine for america lies deceit circle back mandates
trick or treating avoid suspicious houses biden harris
left care about science general biology book
shawshank prison in for speaking up school board meeting
no vaccination no candy halloween trick or treating
babylon bee psaki points out inflation doesnt matter no goods to purchase
when usa begins grasp 3.5 trillion debt small percent of quadrillion
bill murray build back better store shelves
babylon bee pfizer reduce covid kids almost zero to almost zero
yard rip low gas prices common sense borders free speech medical freedom

Social Media Posts of the Day

tweet manager not drink after shift worked
tweet soulnate 90s computers online scream foreshadowing
tweet phil anderson cash border lockdowns mandates f every democrat

Question of the Day

question next time cop accidental shooting wait until facts in

Message of the Day

message doctor diet exercise sleep exercise rx drug dealer

Incentives & Punishment

The most basic principle of human behavior involves punishment and reward. In other words, behavior that is rewarded tends to be repeated, while behavior that is punished tends to decrease in frequency. When you think about it, virtually everything involving government is the reverse of this common sense point. Work and investment are punished with higher taxes. Not working or investing are rewarded with unemployment and other government benefits. The few remaining politicians in power that recognize this obvious point sometimes try to adjust for this. But when government is involved, even a well-intentioned incentive program can lead to worse results. And that’s without even factoring in the potential for fraud, kickbacks, and crony capitalism.

Let’s take an example. Consider a factory that can power its facilities for an average of $100,000 per year using typical fossil fuels. But it can build a wind farm to provide the same power for an average of $140,000 per year. Government gets involved with the intention of incentivizing the use of wind over limited fossil fuels, so they offer tax breaks that save the company $50,000 per year if they switch. The company analyzes this, realizing that $140k-$50k is only $90,0000. So it saves $10,000 per year, and they therefore go ahead with building the wind farm. The incentive achieved the desired outcome, which is great, right?! Well, not so fast. The government has now added a cost of $50,000 to society which must be paid with taxes, with the company now spending $140,0000 more. So the total overall cost to the nation is $190,000…instead of the original $100,000 which would have been spent had government stayed out of the way.

You see examples like this throughout our tax & regulatory system, which is especially bad lately with Democrats worshiping at the alter of “Climate Change.” High gas prices and other inflation are the result not only of incompetence and money supply expansion but also deliberate attempts to discourage the use of fossil fuels. Don’t expect things to change anytime soon in America unless true free market libertarians gain power, which will likely take decades of rooting out lifelong politicians.

joe biden highest oil prices arab sheik shutting down own oil production
Biden Hopes Fines of Lingering Cargo Ships Eases Congestion at Major U.S. Ports

joe biden fines lingering cargo ships cnbc

Quote of the Day

quote mencken save humanity urge to rule

Other Links That May Interest You

There’s a Reason Why Florida Will Disappear from the Media’s COVID Hysterics – Matt Vespa
Will All Of America Go On Strike? – Stephen Moore
There’s Been a Massive ‘Censorship Fail’ of Banned ‘Let’s Go Brandon’ Song – Leah Barkoukis
Alcohol and Drinking Meme Gallery