Have you noticed how left-leaning politicians love to castigate so-called profitable companies? They love the ones too big to fail, so they can bail them out. While they berate them for being “greedy” and a menace to social welfare.
There is a reason for this. Such companies fit into these politicians’ templates in their bid to suck up to voters.
Yet they forget that companies that make a profit can be taxed. They forget that such companies employ lots of people that politicians supposedly champion.
Also, if companies are publicly owed and are making such outrageous profits, what is stopping the politicians or the public, directly or in the form of pension funds, from owning stock in them? So all can profit and not just the “filthy rich.”
Then again, when big companies lose money, they can be taken over by our current government. Think of the political favors down the road that politicos can create with that power.
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