by Peter Burrows

For the most part, Democrats, progressives, and socialists, the liberals of the world, don't know how the world works. No clue. That's one reason Carly Fiorina was my favorite of the Republican nominee hopefuls.

Ms. Fiorina had risen through the ranks to become CEO of one of our greatest tech companies, Hewlett Packard. That is a remarkable achievement, one that takes brains, grit, common sense and great people skills. When she said, "I know how the world works," she was referring to the real world where she had excelled, not the make-believe world so many politicians live in.

Let me give you a perfect example. The three candidates remaining in the primaries, Donald Trump, Hillary Clinton and Bernie Sanders, are all in favor of a legally mandated minimum wage of some level. They think this will reduce poverty. To quote one of my favorite economists, Walter Williams, this is "breathtakingly stupid." As an employer for many years, Trump should know better, proving he's not nearly as smart as he thinks he is.

Between Bernie and Hillary, the only question is how fast to get to a $15 minimum. Bernie says right now; Hillary says faze it in over a couple of years. Trump? Who knows. They're all wrong because in the real world THE LAW OF SUPPLY AND DEMAND DETERMINES WAGES, not some feel-good BS law passed by a bunch of clueless morons. A $15 minimum means jobs disappear and unemployment goes up. It's how the world works.

Pass a law to fix a problem is the typical liberal solution, but that's not how the world works. In fact, more often than not, passing a law creates a problem. Once again, minimum wage laws are a good example. Until the minimum wage began to be hiked into real-world levels some 50 years ago, black teenage employment was less than white teenage employment. Now it's twice as high.

Why don't the Republicans make the long-known inherent racism of minimum wage laws a big issue? Because they don't know how the political world works, something I'll get into in my next article.

Another of my favorite examples of liberal-stupid laws are those designating certain places as "gun-free zones," as if that would deter sociopaths. Just the opposite, of course. This is because CRAZY PEOPLE ARE CRAZY, NOT STUPID. Liberals just don't get that.

Bernie Sanders, more than Hillary Clinton, is very anti-corporation, seeing in corporations all sorts of evil. He frequently says corporations should be made to pay their "fair share" of taxes, whatever "fair" is. That's not how the world works, Bernie: CORPORATIONS DON'T PAY TAXES.

Taxes are a cost of doing business for profitable enterprises. Raise that tax-cost high enough, Bernie, and the evil corporation will not be able to compete against foreign competitors with lower tax costs. If the company can't move to a lower tax country, it goes out of business. Serves G