A Quote by Hillary Clinton
With less competition, corporations can use their power to raise prices, limit choice for consumers, cut wages for workers, crowd out start-ups and small businesses.
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Occupational licensing laws - in trades like moving companies, realtors, hair dressers, limousine services, beauticians, physical therapy, and on and on - stunt small business start ups, destroy jobs, and raise prices for lower-income consumers.
Raising the minimum wage represents a substantial financial burden for employers, particularly start-ups, early stage companies, and family-owned businesses. In response, business owners would be forced to either lay off workers or raise prices to offset the rise in labor costs.
With less competition to fear, companies are emboldened to raise their mark-ups and profits. That lifts share prices and thus the wealth of already wealthy shareholders.
Our great country was founded on hard work and competition. That sense of grit is the main principle in our free-market economy where consumers have choice, because competition breeds choice, better quality, and better prices for customers.
Small businesses win as they get more contracts; workers win as small businesses create jobs; and taxpayers win as prices are driven down.
Many of my students assume that government protection is the only thing ensuring decent wages for most American workers. But basic economics shows that competition between employers for workers can be very effective at preventing businesses from misbehaving.
The greatest danger to an adequate old-age security plan is rising prices. A rise of 2% a year in prices would cut the purchasing power of pensions about 45% in 30 years. The greatest danger of rising prices is from wages rising faster than output per man-hour.... Whether the nation succeeds in providing adequate security for retired workers depends in large measure upon the wage policies of trade unions.
My tax plan will cut taxes for 95 percent of workers, because we need to put money back into the pockets of struggling middle-class families and close the egregious tax loopholes that have exploded over the last eight years. My plan eliminates capital gains taxes entirely for the small businesses and start-ups that are the backbone of our economy, as opposed to John McCain's plan, which would tax these businesses. John McCain is running to serve out a third Bush term. But the truth is, when it comes to taxes, that's not being fair to George Bush.
We may well have a competitive advantage buying decent businesses at decent prices. But they won't be fabulous businesses and fabulous prices. There's too much competition and money out there, with many buyout specialists.
The Paycheck Protection Program has been vital to helping our small businesses and workers weather the coronavirus pandemic. Yet this program has operated with little oversight, and we've seen Kansas small businesses owners struggle to access relief while large corporations with deep pockets have no problem.
Low-wage workers are also consumers. It's just common sense: when these workers have more take-home pay it leads to spending that trickles up to benefit many small, locally owned businesses.
We wish to control big business so as to secure among other things good wages for the wage-workers and reasonable prices for the consumers. Wherever in any business the prosperity of the business man is obtained by lowering the wages of his workmen and charging an excessive price to the consumers we wish to interfere and stop such practices. We will not submit to that kind of prosperity any more than we will submit to prosperity obtained by swindling investors or getting unfair advantages over business rivals.
It were depression, too. They cut my wages down once at the foundry. They cut my wages down again. Then they cut my wages out, also the job.
In terms of intellectual property, so many of the job creators I know are start-ups. In the IP setting, we can meaningfully improve on the status quo, and in so doing, we can help small businesses, large businesses, and those in between.
Right now, every American is affected by high energy prices. Working families, small businesses and consumers across the country are feeling the pinch with no end in sight.
Competition is good for consumers for the simple reason that it compels producers to offer better deals - lower prices, better quality, new products, and more choice.
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