YCHIBW: Big Corporations and the Teat Edition
Posted in Economic Illiteracy, Price System, Welfare State, You Can't Have it Both Ways on Jan 28th, 2015
(1) Corporations like Walmart disproportionately benefit from the existence of antipoverty programs like Medicaid and Food Stamps. Why? Because when these are available to people, Walmart does not have to provide people with a wage that, alone, would be enough for these workers to sustain themselves since the government is already providing it. (2) Corporations […]
