Quote:
Originally Posted by MollyJo
Exactly. Corporate greed.
Be careful what you wish for.
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"Corporate" greed = "stockholder demands."
Stockholders = mostly Americans. Americans = taxpayers.
It's a vicious cycle. In order to please the stockholders, corporations MUST turn a profit. The more they profit, the happier the stockholders, the more successful the corporation, the more stockholders they have, the more profits they have to gain, the happier the stockholders, the more successful the corporation, and so on ad infinitum.
The opposite of this is - communism. Which is something this country isn't interested in. We are a capitalistic society, we thrive on consumerism. In order to do that, we MUST allow our corporations to profit, and if that means they have to trade globally, then that's what it means.
You can't have it both ways. You're finding this out now. Tariffs hurt consumers, which hurts local businesses, which either are affiliated with or acquire goods from corporations. Corporations take a dive in profits when the local businesses suffer, and then the corporate stockholders get upset, and that hurts the corporations.