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re: Biden team preparing $3T in new spending
Posted on 3/22/21 at 5:01 pm to LSUFanHouston
Posted on 3/22/21 at 5:01 pm to LSUFanHouston
quote:
Being smart doesn't make one a cartel.
Corporations fight tooth and nail for market share. The only way all of them would raise prices to cover all of the tax increase would be if they coordinated. Otherwise there's too much incentive to maintain prices and maintain market share.
quote:
So your balance has very likely benefitted from stock buybacks.
What if... my personal retirement balance isn't the only thing I'm concerned about? How about living in a dynamic, forward-thinking, prosperous country, the way things were after WW2?
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