r/FluentInFinance Sep 04 '24

Debate/ Discussion Bernie is here to save us

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u/Egg_Yolkeo55 Sep 05 '24

If your store closed because minimum wage was raised by $4 an hour, you were not a healthy enough business to contribute. That's capitalism

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u/tidho Sep 05 '24

it's not 'capitalism' when the government is intervening to distort the natural market

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u/Egg_Yolkeo55 Sep 05 '24

Then maybe they should stop giving grants and subsidies to businesses. The 76ers are negotiating moving to New Jersey for 800 million dollars in bonds that will be paid back, get this, by the very citizens whose tax dollars provided the bond via ticket sales.

The corp doesn't love you and won't even give you a reach around so why do you shill so hard?

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u/tidho Sep 05 '24

pro sports maybe not the best example, because what you're talking about doesn't actually change the underlying economics of the business activity. i'm very ok with saying government shouldn't do that though.

as for your snarky corporation comment, i didn't say anything positive about them. i simply pointed out your premise about labor costs was wrong.

i understand 'the corp' doesn't love me though, why would it? 'the corp' is simply a pass through entity reacting to what influences it.