What I get from this boils down to "privatized gains, socialized losses".
Something happened to the United States where we decided businesses are more important than people. When big tech runs rampant destroying our own ability to even think for ourselves we look the other way. But when banks, insurance companies, or whoever else are reckless we force the taxpayer to step in and foot the bill, seemingly every time.
Even before Trump, Biden was dangling the CHIPS act and EV tax credits in front of shareholders. Not sure why government investing suddenly became acceptable outside of military costs but it's certainly not helping the growing monopoly problem in our country.
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What I get from this boils down to "privatized gains, socialized losses".
Something happened to the United States where we decided businesses are more important than people. When big tech runs rampant destroying our own ability to even think for ourselves we look the other way. But when banks, insurance companies, or whoever else are reckless we force the taxpayer to step in and foot the bill, seemingly every time.
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share reportEven before Trump, Biden was dangling the CHIPS act and EV tax credits in front of shareholders. Not sure why government investing suddenly became acceptable outside of military costs but it's certainly not helping the growing monopoly problem in our country.
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