OLIGOPOLIES - FACTUAL EVIDENCE OF ABUSIVE PROMINENCE - Part 2 Quoting myself above: To some, this comment needs some explanation about "oligopolies" - which are like "monopolies". Monopoly is not just a board-game. It is a real-life concern. For instance, "Google Search" was for the longest time a "monopoly". It is now an Oligopoly, where only a very few have any real market importance, as described here: Even the above can be characterized as "more a monopoly" than "more an oligopoly". OUR OLIGOPOLISTIC PAST For whatever the historical reasons, oligopolies in America have flourished. This has been accomplished by a series of lackadaisical Attorney Generals who did not take sufficiently strong action to prevent "oligopolization". Whazzat? It is the simple fact that AGs have allowed markets to consolidate without asking too many questions about market competition. Which has allowed for super-profits at the expense of the consumer who finds no real price-competition in the market-place. S/he just pays the going price and wails loudly when their income is not sufficient to do so for all they would like to buy. And scientific address of the problem gets mired in high-level mathematics. Because it is difficult to determine statistically when a market becomes "too concentrated for the public good". Unfortunately, for as long as the Attorney General does nothing to stop said concentration, markets will indeed agglomerate (thus become oligopolistic). And who nominates the AG? You betcha, the PotUS. And, for as long as the election of a PotUS depends upon BigMoney spent upon BoobTube commercials, just who is manipulating the process? You betcha, BigBusiness. MY POINT: IT'S ALL ABOUT "POLITICS" The above logic is not lost on any Replicant and particularly the Koch Brothers who take pride in influencing political outcomes by throwing money at politicians. Why shouldn't they? Since Reckless Ronnie diminished upper-income taxation to its ridiculously low-levels today, they (along with others of the super-rich) have had plenty to give away. Nothing will change until the American people want it to change. That is, for as long as economic oligopolies are profit-escalators for BigBusiness that finances elections, then no elected PotUS will want to touch it. Any candidate to the office would be simply shooting themselves in the foot - because they could not get elected* PotUS without the BigBusiness money-gifting that is necessary ... POST SCRIPT From Investopedia, here: *There is also the fact that the electoral process is manipulated in the Electoral College and by gerrymandering - but that is quite another subject.
No, it argues for some deregulation, but not to the extent that Trump proposes. Regulation is necessary for the reasons given, but not to the extent that we have been regulated. Clinton and Busch relaxed regulations and the result were recessions. It is a fine line.
Take it from me who lives in Europe - Americans live in a comparatively unregulated environment. In fact, so "unregulated" from the point of view of taxation that you (plural) are being milked by the super-rich who own the means of production. Which induces an Income-to-Wealth effect as shown here: Ratio of Total Household Wealth to National Income. Note how (in the above) the top 0.1% of households obtain the VERY SAME PERCENTAGE OF WEALTH as the bottom 90% of households. America needs badly to fix its Taxation Regulation in order to be more fair and equitable - or the above will lead to another Watts-Riot but next time on a national scale. Can't happen? I would not bet on it ...
Trump's tax proposal is to reduce the tax on the rich from 35% to 15%, and virtually nothing for the poor and working middle class. This equation needs to be changed. He is also eliminating most of the regulations to favor business, a bad idea.
Good luck on that one - he's got campaign debts to pay. The way I figure it, the US is getting EXACTLY what it deserves. A first-class dork, held by the "you-know-whats" by banksters who will take any vengeance they want out on his son (now running his companies). Donald Dork is "owned" ...
You mean the world is getting more than it deserves once again from the USA. Is France going to stop North Korea and nuclear proliferation? Of course not. France is a poor little county with a per capita income equal to Arkansas, about out poorest state, and hugely anti-semitic with a population half of whom sided with the Nazis in WW2.
1)Just BSing; parroting what someone told you to repeat or do you have evidence to support that 2) China USSR Pol Pot guessed at what regulation was best and both starved millions to death.
they do pay effectively nothing!!!! Even at $50,000 income and no deductions tax is $5000 while Federal govt spends $35,000 per household!! That means average household leeches $30,000 per year off higher income folks. America was founded to be free not to turn citizens into leeches.
I am not able to comment on that, but relaxing regulations may not always result in a chaotic economy, in my view. Unfortunately, what Trump is doing is beyond the pale, and the bridge will come tumbling down, in my view. It has to be well thought out and tempered, so that the applecart is tweaked, but not upset.
True. However, these unfortunate people can't get out of the hole and I have no solution. Don't want no revolution. Won't hurt the wealthy one bit. Right now, with Trump's policies, we are headed for a 2 class system. Very unhealthy.
He is eliminating regulations right and left, without thought about the possible consequences. We may pay one hell of a price.
the solution is not crippling them with more welfare so the next time they feel they need more income they will again look to liberal govt to steal from the rich for them. If we want more income we must be worth more, not steal more. America was greatest based on work not based on welfare! Do you understand?
What do you mean. He is eliminating many regulations, and we all know that he doesn't think beyond his penis.
so then why not tell us regulations would work if not the regulations naturally imposed by capitalism itself?
