With Congressional Democrats Farther Away Than Ever from Approving Two Big Spending Bills - Thanks Joe Manchin - A Bad Idea Resurfaces to Deal With The Biggest Crisis.
It is truly amazing to me that the folks do not realize that corporations simply pass their increased costs on to the consumers of their goods and services. We do not live in "the Great Benevolent Society" nor should we, and corporations are in the business of maximizing shareholder value! They will not simply eat the costs of higher taxes and regulatory fees...this goes for banks also....the naivete and ignorance is stunning!
"Alex, I'll Take 'Debt Gimmick' for $1 Trillion
It is truly amazing to me that the folks do not realize that corporations simply pass their increased costs on to the consumers of their goods and services. We do not live in "the Great Benevolent Society" nor should we, and corporations are in the business of maximizing shareholder value! They will not simply eat the costs of higher taxes and regulatory fees...this goes for banks also....the naivete and ignorance is stunning!