The New Business Model

July 22nd, 2011at 08:07am Posted by Eli

One of the strange things to me about the whole deficit/austerity debate is the business world’s willingness to go along with the Republicans’ bizarre meme that the economy is slow because all the corporations are spooked by the “uncertainty” of what’s going to happen with the national debt, as opposed to, say, not enough people having enough money to buy stuff.

More specifically, why are corporations standing on the sidelines as both parties strive to constrict spending even more?  Why aren’t they demanding another stimulus or some kind of jobs plan to provide them with more customers?

Do they really buy into the Republican supply-side/austerity hooey, or is their business model so firmly based on deregulation, tax breaks, subsidies, bailouts and union-busting that they no longer care about actually, y’know, selling stuff? Or is their overseas business so lucrative (and tax-free) that they simply don’t need American consumers anymore?

Entry Filed under: Corruption/Cronyism,Economy,Politics,Republicans,Social Security,Taxes


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