The other side of it is that there is starting to be support for actually using the anti-trust laws that are on the books. Right now it's mostly focused on Google and other tech companies, but there's a huge problem in US markets with corporate consolidation.
Skyrmir
joined 1 year ago
Some of us have actually seen the world. Try it some time.
He already said Republican.
Border security is still the bullshit band aid to avoid actually fixing the problem. We created, funded and armed the cartels, overturned their governments, and destabilized their countries. And now we're trying to pretend all this blowback has nothing to do with us.
They import them faster than they die, even with Covid.
The main thing though is that anyone who says they know how Florida is going to turn out, is lying. No one knows, so the best strategy is to let Trump fail rather than put effort into beating him there. He's already pissed off the Haitians and women, goad him into pissing off the Cubans and let the chips fall where they may.
You don't want congress writing exacting laws in a lot of regulatory situations. Think if congress right now was setting interest rates. It wouldn't get done until long after the economy had imploded. Even if they were listening to the same economists, political problems would create a disaster. The same is true in most cases concerning the EPA and other regulatory agencies. By the time congress would be able to respond to a situation, everyone would have died of whatever the problem was.
True enough if it happens. Putin seems to have his Oligarchs convinced he can form a coalition with China, India, Iran and North Korea that can stand against the west.
At least they're convinced for now. If that changes, the rest of the world will find out posthumously.
Accounting practices reflect exactly what is relevant to profits within the desired time frame. There are no laws that make employee seniority valuable within the business cycle, so it has no value to account for.
The investment that business sees is like you spending a thousand dollars a year for a century in order to make a million dollars. Sure it's a 10 to 1 return on investment, but you'll be dead, so is it really worth it?
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Under current legal interpretation absolutely not. Which is the problem that's being looked at. It's not legislation, it's based on supreme court rulings, that could easily be overruled by congress. It's going to be a very long debate before that happens sadly. Which is good on the side that setting a new anti-trust standard will absolutely rock the economy, so a snap decision isn't in anyone's interest. But at the same time, as we've seen from the pandemic inflation, without competition in the market, price gouging is getting out of hand. Market steering and manipulation by individual corporations is also getting out of hand, it just doesn't generate the same level of public outrage.