Where business will placing risk if corporate welfare is reduced--speculation from my couch

[Skidmore]

I don't claim to be an expert by any means, but an observer. Having been both worker and consumer, it just seems to me that this business class (Romney's "makers", if you will) think they are entitled to hold all others hostage to reap profit with no risk. I am noticing that in addition to the number of businesses using the election as an excuse to get rid of employees, there are a number of stories in the news about unions (Hostess company, for example) being the reason for possible liquidation and the closing of major well established businesses (e.g, Sears in our area and this morning the possible disappearance of JC Penney). Ostensibly, such measures are being attributed to ACA. It crossed my mind that ACA has become a convenient stalking horse for the business sector. What is really the issue is that if, through reform of the tax system, they lose their socialized risk model of business, they will displace risk onto the work force. There is now the belief in the business community that they should be guaranteed profit and that the business and its investor are not liable for any risk.

I may not be putting this together well because I don't know the jargon or have a firmer grasp of business models, but it just seems to me that this is the direction we may be headed. That the floggings of the American public will continue as long as we don't see some regulatory measures taken to rein in business practices in the area of risk, which also means that concurrent regulation of the finance and banking industries need to continue. Would be interested in the thoughts of others with more expertise than me.

[HiPointDem]

1. +1. risk is for the little guys. and i think it's pretty much always been that way,

actually.

the government has always been used to ensure profits for the big players, through war, conquest, and special laws for the privileged.

[BadgerKid]

2. Are you saying that BigBiz fears worker and consumber mobility?

It's seemed to me BigBiz has been becoming evermore about locking in consumers. It used to be planned obsolescence; now it's more about market segmentation, locking in consumers, and otherwise making cheap crap that has to be replaced every few years. It annoys me, and I try to vote with my wallet.

ACA plays it role in having the employee not have to depend on the employer for health insurance. You'd think employers would be happy for this because it should translate into less cost to them. I think loss of control over employees is part of the reason, since employees don't have to fear losing coverage if they lose their job.

[MrYikes]

3. You stated the case quite well

The hostess thing is completely about bad management and has been for a decade, yet the top dog there just tripled his income to close to 2.2 million and several others jumped way up also.
Everyone knew that sears and kmart were going to continue to fail, so that was just silly.

[RC]

4. The main problem we have is that

"We the people..." do not have highly paid lobbyists with back packs full of $100 bills to bribe get and keep the attention of our Congress critters.