Supply-side economics in America was promoted with deregulation by Ronald Reagan. The stupid man thought it would be about less regulation from the third-party government regulators. Instead, it has turned into a Roman gladiator game by big fat cats of corporations who destroy small business and any competitors. They act like cowards unable to know how to win in a competitive war. For instance, big health insurance helped sabotage and destroy the health insurance marketplace created for the purposes of CAPITALIST competition, by Democrats and President Obama. Corporate utilities have been deregulated and have turned into merged companies of large proportions. Newspapers and publishers have merged and become huge corporations. In each case, the excuse, without the competition, is usually these moans and groans about how “there is not enough profit.” It’s about the top corporate fat cats making the money to the tune of increased salaries and bonuses which have risen exponentially since the 1970s when we had smaller corporations, small businesses and more capitalist competition. The big fat cats at the top have been winning and don’t give one damn about the demand side of a capitalist market. Yet, the corporate where I worked, when it was deregulated and merged into a larger one was known as being a “cash cow.” There was no reason for doing this because more people took advantage of the “cash cow,” but now only a few at the top and those who own the most stock benefit from the profits. Thus, there is top-down control which does not benefit the Middle Class or lower classes. In the process, R&D money has been snipped and America has fallen far behind in the world economy. R&D being done in the company where I once worked has been moved to Europe and Asia. All due to supply-side economics in the name of “free markets” which then turn the big fat cats at the top into those similar to the big fat cats in a communist politburo who make all the money and CLAIM the workers do well. It’s centrally planned supply-side economics, stupid, not capitalism with its capitalist competition which creates “wealth of a nation” (18th Century theorist, Adam Smith who ultimately rejected “free markets” because he said human beings had no self-control, follow the model of Jesus Christ, and be moral and ethical when dealing with each other, so they need to be REGULATED).
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Short & To the Point: Supply-side Economics is NOT Capitalism
Supply-side economics in America was promoted with deregulation by Ronald Reagan. The stupid man thought it would be about less regulation from the third-party government regulators. Instead, it has turned into a Roman gladiator game by big fat cats of corporations who destroy small business and any competitors. They act like cowards unable to know how to win in a competitive war. For instance, big health insurance helped sabotage and destroy the health insurance marketplace created for the purposes of CAPITALIST competition, by Democrats and President Obama. Corporate utilities have been deregulated and have turned into merged companies of large proportions. Newspapers and publishers have merged and become huge corporations. In each case, the excuse, without the competition, is usually these moans and groans about how “there is not enough profit.” It’s about the top corporate fat cats making the money to the tune of increased salaries and bonuses which have risen exponentially since the 1970s when we had smaller corporations, small businesses and more capitalist competition. The big fat cats at the top have been winning and don’t give one damn about the demand side of a capitalist market. Yet, the corporate where I worked, when it was deregulated and merged into a larger one was known as being a “cash cow.” There was no reason for doing this because more people took advantage of the “cash cow,” but now only a few at the top and those who own the most stock benefit from the profits. Thus, there is top-down control which does not benefit the Middle Class or lower classes. In the process, R&D money has been snipped and America has fallen far behind in the world economy. R&D being done in the company where I once worked has been moved to Europe and Asia. All due to supply-side economics in the name of “free markets” which then turn the big fat cats at the top into those similar to the big fat cats in a communist politburo who make all the money and CLAIM the workers do well. It’s centrally planned supply-side economics, stupid, not capitalism with its capitalist competition which creates “wealth of a nation” (18th Century theorist, Adam Smith who ultimately rejected “free markets” because he said human beings had no self-control, follow the model of Jesus Christ, and be moral and ethical when dealing with each other, so they need to be REGULATED).
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