lindajoy Loc: right here with you....

I wonder why Corporate America is returning then and why all the work opportunity that just was not there a year ago???

You remember, right, kevvy???

To regulate or deregulate is the question??

debeda

Thanks Linda

lindajoy Loc: right here with you....

Your Welcome..🌺

buffalo Loc: Texas

Big Corporations and Big Government Go Hand in Hand

BY JULIE BOROWSKI
07/25/2011
One policy issue that should unify individuals of all political persuasions is opposing corporate welfare. Progressives tend to oppose big corporations while conservatives and libertarians despise big government. The t***h is that big corporations and big government go hand-in-hand. Washington Examiner writer Timothy Carney states that, “as the federal government has progressively become larger over the decades, every significant introduction of government regulation, taxation, and spending has been to the benefit of some big business.” We must stand together and call for an end to all forms of corporate welfare.

People often mistakenly assume that supporting free markets or laissez-faire capitalism means being pro-business. In French, laissez-faire literally t***slates to “let do” which broadly means leave it alone. True supporters of free markets advocate separating corporations from the state. This means rejecting any government handout, protection or special privilege to any corporation. In a free society, businesses must sink or swim on their own merits. Every business must compete with each other through innovation and entrepreneurship. We are pro-freedom not necessarily pro-corporation.

Another popular misconception is that most corporations lobby for less government regulation. That’s far from the t***h. In fact, big corporations generally lobby for more government regulation in their industry. The Big Tobacco company Phillip Morris aggressively lobbies for heightened federal regulation of tobacco products and advertising. Companies such as McDonalds, Starbucks and Kraft have spent millions of dollars lobbying for food “safety” regulation bills. And energy companies like Duke Power have lobbied for cap and trade programs that would benefit their bottom line at the expense of consumers, who would face soaring electricity prices.

Why do big corporations lobby for more regulation? As Matt Ridley notes, “they are addicted to corporate welfare, they love regulations that erect barriers to entry to their small competitors.” Government regulation championed by major corporations is far more likely to significantly hurt their smaller rivals. Politically connected big corporations are fully aware that these harmful regulations will help to wipe out their competition. And that’s the plan.

Big corporations are often hostile to free enterprise. The late Noble Prize winning economist Milton Friedman once wrote, “business corporations in general are not defenders of free enterprise. On the contrary, they are one of the chief sources of danger.” In this big government era, it’s become easier for businesses to profit through the halls of Congress rather than the marketplace. We reject crony capitalism in which the success of a business is determined by their closeness to government officials. What’s good for businesses isn’t always good for taxpayers and the cause of freedom.

The Pentagon budget is probably the most susceptible to corporate welfare. It’s unfortunate that Department of Defense spending has long been isolated from serious scrutiny. Military spending has doubled over the past decade when adjusted for inflation. Powerful special interests benefit from our heavy military spending. Most notably, the nation’s “Big Three” weapons makers—Lockheed Martin, Boeing and Northrop Grumman—are cashing in big time.

An all-too friendly relationship has developed between defense contractors and government officials. As Dwight D. Eisenhower warned in his farewell address, “we must never let the weight of this combination endanger our liberties or democratic processes." It is impossible to reduce the size and scope of the federal government without tackling the bloated defense budget.

Big government is in bed with big business. Let’s put a rest to the misconceived notion that pro big business necessarily means free enterprise. Tim Carney writes that “big business and big government prosper from the perception that they are rivals instead of partners (in plunder.) The history of big business is one of cooperation with big government.” Perhaps all of us share common ground on the issue of corporate welfare. In order to put an end to corporate welfare, we must drastically shrink the size and power of government. Businesses should compete for profits in the marketplace and not in the halls of Congress.

debeda

Great article and so true! Thanks for sharing

Raylan Wolfe Loc: earth

Gatsby

If you can find anyone on earth who disagrees with President Trump, then Trump lies?

You've cried wolf too many times little boy, no one will ever listen to your pathetic rants again!

buffalo Loc: Texas

Which one of those 66 government programs did you consider essential, wolfie?

Kevyn

The only thing on the rise in coal country is a huge uptick in black lung disease.

PeterS

Do you think any business would ever say tax cuts and deregulation aren't the reasons that they are doing things? The t***h is businesses make planning several quarters in advance. There isn't a single business that acts spur of the moment--at least not one that is going to be in business very long..

PeterS

So why did you reply? And can you please read your first sentence and explain how it makes any sense whatsoever!!!

PeterS

You should ask congress cuz I'm pretty sure they kept everything and then added more. All those agencies are jobs at home so it wouldn't be all that smart to cut them if their aim is to stay in office. I wonder if Trump was serious when he submitted his budget or if he knew congress would never support cuts that deep? Well if Trump veto's the budget I guess we'll know what he was doing correct!!!

PeterS

More jobs were created in 2016 than in 2017. If deregulation was the key why did job growth decline in Trumps first year?

buffalo Loc: Texas

You didn't answer my question either. Could it be that NONE of them are essential, but more do nothing, money wasting, bureaucrats of the swamp Trump promised to drain?

Do you think any of the swamp rats of the deep state will v**e for Trump whether they have a government job or not?

lindajoy Loc: right here with you....

I would say because of the unemployment numbers...

Ohhh and he decreased government jobs too.. Decreased, good gosh, 16k canned he needs to make it 75% then we’ll have a party..

On Friday morning, the government’s Bureau of Labor Statistics released employment numbers for December, bookending President Trump’s first year in office. While the number of jobs added was lower than many analysts expected — up 148,000 — it was a continuation of the trend of growth seen over the course of 2017.

With those numbers in hand, we can now compare Trump’s first year in office to his predecessors’. And in that comparison, Trump comes out looking pretty good.

Relative to the figure from January in each president’s first year in office (excluding those presidents who took office after a death or resignation), Trump saw one of the biggest percentage-point drops in the unemployment rate.

The only presidents with larger drops were Bill Clinton in 1993 (a decline of 0.8 points) and Jimmy Carter in 1977 (down 1.1). Both of those presidents, though, ended their first years with much higher unemployment rates, both over 6 percent.

There’s a trend that you’ll notice in these charts. Trump’s immediate predecessor, Barack Obama, saw a surge in the unemployment rate during his first year, a function of the effects of the recession that was just beginning to wind down. Relative to Obama’s first year in office, Trump’s was consistently very good.<snip>

https://www.washingtonpost.com/amphtml/news/politics/wp/2018/01/05/trumps-first-year-jobs-numbers-were-very-very-good/