I saw a post today from the “Seniors for a Democratic
Society” Facebook page, where Sen. Bernie Sanders said “if you want to start
going after someone for closing the deficit, start with these greedy
corporations!” I would comment on their
Facebook page, but they blocked my comments after one post I made on their page
that was counter to their philosophy, which seems to be that the rest of the
world exists to provide them with the good life. Had I been able to comment on this post, here
is what I would have said. What are
corporations? Legal entities set up by
one or more people who want to invest their money to produce a good or service
to offer for sale to others. Their
objective is to receive a reasonable return on their investment, and they only
do that if what they offer is voluntarily purchased by someone who values it,
and if their cost to produce it (plus the added costs of the government’s take)
is less than the cost to provide it.
That is how we have pacemakers, cars, food, stints, entertainment,
houses, televisions, gasoline, phones, and everything else we consume. Somehow, those who post on Seniors for a
Democratic Society seem to think that corporations, who only provide what consumers voluntarily purchase, are evil, yet, they want all the goods and services
the corporations produce. This seems to
me to be the epitome of “biting the hand that feeds you.”
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