There is no such thing as public opinion - InvestingChannel

There is no such thing as public opinion

A headline from Variety:

Study: Audiences Want Metal Detectors in Theaters, But Won’t Pay Extra

Fortunately the study shows exactly the opposite; the public doesn’t want metal detectors in movie theatres.  But it’s still rather frightening that 34% of the public does claim to hold that rather insane opinion. The “won’t pay extra” is a nice little cherry on top.  Let me guess; that same 34% wants a $15 minimum wage, but “won’t pay extra” for Big Macs.

PS.  In Switzerland a referendum for a $25 minimum wage actually got 24% of the vote.  My theory of public opinion polls is that there is almost no question so crazy that it won’t get at least 20% support.  And if it doesn’t (say legalizing hard drugs) it’s probably a good idea.

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