Wednesday, July 14, 2021

Big Business Loves Big Government by John Stossel

Recommendable! Typical John Stossel!

"... Consider the $15 minimum wage. People think of that law as pro-worker. But big companies like Walmart, Costco, and Amazon lobby are in favor of it. Why?
Because big business can afford robots. Its competitors often cannot. ...
When the big toymaker Mattel was caught selling toys that contained lead, its lobbyists got Congress to force all toymakers to do expensive lead testing.
... But if you are a grandpa making little wooden handmade toys, you’d have to hire some third-party tester. That could cost you $1,000, and you’re not going to sell your wooden toy for $1,000. It effectively outlawed handmade toys.” ..."

Big Business Loves Big Government

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