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Passed out copies of my book to the staffs of Senator Rand Paul, Senator Cory Booker (pictured) and one other. Passed out copies of my letters to the staffs of Senator Cotton, several others. (The Senators are off for August Recess, so I had no expectation to meet any of them.) This is where we can get things done in future trips.
Thank You Janet Yellen
The New Communist Pay System in Arizona: I just ate at a cafe in Tucson under the new pay system. I had one egg and 1/2 piece of sliced ham. I had a glass of milk and a coffee to go. Total: $11.78 plus a $2 tip that was still expected. I'm diabetic, so I don't eat bread or potatoes. I had sliced tomatoes that I don't eat because the seeds are green. The central bank's expansion of the money supply beyond output ate up the intrinsic value of labor wages sufficient to cause a push for a wage increase in the restaurant industry in Arizona. The new pay scale pushed costs up. The cafe was almost empty due to higher prices, so I got quick service. But I wonder how long I'll be able to buy food in a cafe in Arizona.
