Still doesn’t feel good to get fired and get an unemployment check with all sort of conditions attached, just because some company decided to clean up operations after hiring way too much.
Non sequitur to my point, but to what you wrote…
I would support that any bailouts come with the condition that 50%+ of the share capital is given to a Sovereign Fund. There should be no corporate welfare… Only investment opportunities.
Why complicate the onion by adding more layers? Why do we want a sovereign fund? Your solution just seems like another way to funnel more money to US corporations. We already let them switch to defined contribution 401k retirement funds. More money to companies public or private is just more money empowering little corporate fiefdoms.
We should simply tax these corporations and their owner class at a much higher rate. Take that money and fund social programs. For example, it is completely idiotic to have healthcare tied to employment and subsidizing it through the gov’t.
If we removed corporate welfare from our system it would be really bad until something else took its place. We subsidize our entire food production system, removing that would drive up the cost of food. The Jones Act subsidizes our shipping industry. The price of drugs would also probably sky rocket the second you remove the public funding that goes into the early stage research.
And what happens to our military industrial complex when you remove corporate welfare?
The problem is we have Bezos playing rocket man and newspaper baron to the tune of three billion dollars a year. We have Musk fucking with our elections to the tune of some hundred million dollars a month. They have this money because we don’t tax them. Tax that money away and they won’t be fucking with shit.
Still doesn’t feel good to get fired and get an unemployment check with all sort of conditions attached, just because some company decided to clean up operations after hiring way too much.
Non sequitur to my point, but to what you wrote… I would support that any bailouts come with the condition that 50%+ of the share capital is given to a Sovereign Fund. There should be no corporate welfare… Only investment opportunities.
Why complicate the onion by adding more layers? Why do we want a sovereign fund? Your solution just seems like another way to funnel more money to US corporations. We already let them switch to defined contribution 401k retirement funds. More money to companies public or private is just more money empowering little corporate fiefdoms.
We should simply tax these corporations and their owner class at a much higher rate. Take that money and fund social programs. For example, it is completely idiotic to have healthcare tied to employment and subsidizing it through the gov’t.
If we removed corporate welfare from our system it would be really bad until something else took its place. We subsidize our entire food production system, removing that would drive up the cost of food. The Jones Act subsidizes our shipping industry. The price of drugs would also probably sky rocket the second you remove the public funding that goes into the early stage research.
And what happens to our military industrial complex when you remove corporate welfare?
The problem is we have Bezos playing rocket man and newspaper baron to the tune of three billion dollars a year. We have Musk fucking with our elections to the tune of some hundred million dollars a month. They have this money because we don’t tax them. Tax that money away and they won’t be fucking with shit.