Comments by "Charles Eye" (@TheCharleseye) on "Gov Gavin Newsom Eats CROW; BACKPEDALS On Minimum Wage HIKE" video.
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Neither one of them do, or they wouldn't be defending the government, or the corporations. Government overreach is bad for everyone, as it forces businesses to raise prices (hurts customers), reduce staff (hurts customers and employees), or go out of business (hurts customers and employees).
Meanwhile, profitable companies pretending that they have a fiduciary responsibility to overcharge customers and underpay workers, for the sake of increasing profits every quarter for their shareholders, is bad for customers and employees, too. The term "business ethics" has become an oxymoron. For some reason, there has been a major shift. There used to be long-term stocks and short-term stocks. Long-term stocks were the ones you bought as a plan to use for retirement. Short-term stocks were the ones you bought thinking they were about to have a big payoff. Nowadays, most stockholders and corporations seem to think that all of their long-term stocks should pay dividends like short-term stocks. All that does is help create unsustainable inflation.
Unfortunately, whenever corporations go too far in taking advantage of their employees and customers, it gives the government an excuse to step in and mess things up even more (as they always do). That's where we are right now.
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