The minimum wage needs to be a living wage. The business-side discomfort with raising the wage would be more understandable if every sector was hurting. But it isn’t. The rich are richer than ever, corporate profits are at record highs, the stock market is soaring. We don’t need to coddle McDonalds and WalMart by paying their employees less than living wages. But in any case, raising the minimum doesn’t hurt the economy at all. It actually creates more jobs.
Canceled flights in Israel is an outrage, a bombed & destroyed airport in Gaza is no big deal.
So we don’t have a debt crisis, and never did. Why did everyone important seem to think otherwise? To be fair, there has been some real good news about the long-run fiscal prospect, mainly from health care. But it’s hard to escape the sense that debt panic was promoted because it served a political purpose — that many people were pushing the notion of a debt crisis as a way to attack Social Security and Medicare. And they did immense damage along the way, diverting the nation’s attention from its real problems — crippling unemployment, deteriorating infrastructure and more — for years on end.
Rather than dig only a few feet under the surface to access the consistent temperatures commonly leveraged for residential geothermal systems, an Enhanced Geothermal System (EGS) digs thousands of meters into the ground to capture some of the intense heat that escapes from the Earth’s core.
This heat is used to boil water, which creates steam and ultimately drives turbines that generate power. Pretty much the same thing as current power plants except EGSs don’t need fossil fuels or radioactive fuel rods to make it happen.
If implemented successfully, we could generate power 24 hours a day without concerns about the rising costs of fossil fuels or the hazards associated with nuclear power plants.
There are good reasons for any species to think darkly of its own extinction. Ninety-nine percent of the species that have lived on Earth have gone extinct, including more than five tool-using hominids. A quick glance at the fossil record could frighten you into thinking that Earth is growing more dangerous with time. If you carve the planet’s history into nine ages, each spanning five hundred million years, only in the ninth do you find mass extinctions, events that kill off more than two thirds of all species.
But this is deceptive. Earth has always had her hazards; it’s just that for us to see them, she had to fill her fossil beds with variety, so that we could detect discontinuities across time. The tree of life had to fill out before it could be pruned.