The United States government is totally dependent on fees and tax revenue. Taxes and fees are made possible by income. Income is made possible by profit. Profit is derived through capitalism. The primary goal of a capitalist is maximizing profit. In an effort to maximize profit, their job, capitalist charge the highest price possible. The maximum price is usually determined by competitive pressure or government regulation.
Highly successful capitalist are occasionally accused of avarice. Consumer choice is the deciding factor of the existence of avarice. If the consumer has a choice in the market then the supplier is honestly facing… Continue reading
The top 500 companies in America grew their profits last year by 31.7%. Meanwhile, they added only .7% to their workforce. Wal-Mart, the nation’s revenue leader kept their headcount level. Why all of this record growth with little or no addition to the workforce?
Earlier this year the Supreme Court heard oral arguments in the Hobby Lobby vs. Sebelius case. Hobby Lobby is faced with what some would call a moral dilemma. Hobby Lobby wishes to provide healthcare for their workforce of over 22,000. But they don’t choose to offer coverage for aborticant drugs. Their choice is to either drop… Continue reading