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fasttense

(17,301 posts)
27. Because of monopolies and mergers.
Sat Dec 31, 2011, 07:53 AM
Dec 2011

One of the biggest engines of job growth use to be small businesses. But this 2nd RepubliCON Great Depression brought to you by the bushes has seen small businesses practically disappearing. No longer do small businesses hire the most people. They just can't compete with giant corporations who are allowed to monopolize everything. Try and start a new business that may slightly compete with Wal-Mart and see how quickly you disappear.

Huge Corporations are given regional monopolies by state and federal governments. By doing this they wipe out their competitors and this reduces the number of jobs available. Take 2 grocery stores for example. One buys out the other and now there is only one. What does the merger result in? One store is closed down. All those people who use to work at the other store are NOT rehired into the new bigger merged grocery store. They don't need double the amount of space and employees. They just need a few more to handle the increased volume. The end result is a smaller marketing area and fewer employees.

In addition, these very wealthy corporations buy up politicians so they pass laws that prevent the small businesses from competing. An example is TN State agriculture regulations. If you are a small farmer in TN and sell chicken eggs, you are inspected. In fact every single small farmer in TN who legally sells eggs is inspected 100% of the time. Remember those half a billion eggs that were infected with salmonella from an Iowa large egg producer? They hadn't been inspected in over 4 years. Those eggs came into TN without inspection. Even the state enforcers will tell you that less than 1% of imported foods are ever inspected. Yet, every single small farmer who legally sells eggs in TN is inspected. And required to pay $50 per year, buy bleach, special cartons, testing strips, special labels and a myriad of other requirements.

Yet you can buy an egg in TN from a large grocery chain store and the producer might never have been inspected for anything.

This is how they keep out competition and destroy jobs.

Recommendations

0 members have recommended this reply (displayed in chronological order):

du rec. nt xchrom Dec 2011 #1
because our system can't figure out how to profit enough privately from it and prefers to do nothing unblock Dec 2011 #2
I think one of their many cons is the "productivity" card . . . HughBeaumont Dec 2011 #7
productivity is good, IF there are better things for displaced workers to be doing. unblock Dec 2011 #9
They profit enough privately Aerows Dec 2011 #19
agreed. different definition of "enough". unblock Dec 2011 #20
the jobs are "created" outside the USA getdown Dec 2011 #3
The "more education" meme is a cop out. dawg Dec 2011 #4
+1000 nt abelenkpe Dec 2011 #8
Well said! Spazito Dec 2011 #10
Hee hee . . . here's a right scary graphic relating to underemployment - HughBeaumont Dec 2011 #12
Nice graphic. Where did you find it? -nt LiberalAndProud Dec 2011 #14
From this article . . . HughBeaumont Dec 2011 #17
+1 Edweird Dec 2011 #28
And while you're at it explain why no one in Congress is talking about climate change? lunatica Dec 2011 #5
Because a large chunk of them don't believe in it abelenkpe Dec 2011 #16
"don't believe in it" is a sad state of affairs in itself. HughBeaumont Dec 2011 #23
Because they busy raising campaign contributions. They have to set priorities, you know. AnotherMcIntosh Dec 2011 #22
I have no answers but one piece of it has to be fear of leaving the present job, to start a company riderinthestorm Dec 2011 #6
I'm not sure, but I think that was another "Idiot" topic I've addressed in the past: HughBeaumont Dec 2011 #11
Employer-based health insurance is a chain keeping employees at jobs they'd like to leave. n/t Scuba Dec 2011 #24
Existing companies who wish to expand abelenkpe Dec 2011 #13
Who could turn down HoldenD Dec 2011 #15
Yes, and while they're indebted, they can't purchase/put off purchasing products. HughBeaumont Dec 2011 #18
Because the neocons and neoliberals combined their efforts to sell us out w "free trade" etc. AnotherMcIntosh Dec 2011 #21
The answer is obvious quaker bill Dec 2011 #25
I think the point of these "Idiot" posts . . . . is that I want to hear the explanation from THEM. HughBeaumont Dec 2011 #26
Because of monopolies and mergers. fasttense Dec 2011 #27
Job creation was extraordinarily weak since 9/11 but it had already been that way for decades NNN0LHI Dec 2011 #29
Ever notice something else about Friedmanomics? HughBeaumont Dec 2011 #31
Leveraging is what Wall Street does NNN0LHI Dec 2011 #32
The End Of The Job TheMastersNemesis Dec 2011 #30
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