LeftofLeft
Diamond Member
- Oct 18, 2011
- 23,073
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Yes this belongs in politics, because it is politics that is killing small businesses across the country.
I have been saying this for 3 months with little response even on this forum. We are entering into a place this country has never been before - the near complete loss of small businesses. In our locale, nearly 1/3 are closed indefinitely or permanently. It is the same everywhere.
So why is the news barely covering this??
Because the investment/financial class couldn't think of a better thing to happen. You can't invest in a small business. You can't cut 5% cream off the top by playing in the stock market... because they are not there. As every small business closes, in all likelihood the market will be assumed by a corporate box store. Or via online. And THAT can be invested in. So as small businesses close, this opens the door for $100s Billions in investable commerce that is off limits to them now.
And what will be the result - and even greater concentration of wealth.
Long live corporatism.
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CEOs to Congress: A lot more small businesses will fail without new aid
The executives painted a dire picture: mass business closures as coronavirus cases surge and the recession deepens.www.seattletimes.com
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A tale of two pandemics: Big-box stores rake in record profits while small businesses fold
As consumers shift to bulk-buying and one-stop shopping, the pandemic is driving a wedge between the haves and have-nots across the retail industry.www.nbcnews.com
Liberals hate small businesses. In Democrat- run economies, they get fucked and treated like greedy fat cats. Sure, Democrats demonize Corporations but that is just a dog whistle for them to be corporate cronies. Small businesses are too Middle Class and socialism has no room for middle class and individual prosperity.