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Politics-AB-AQ

18 Mar

Liberal politicians have been claiming that “shrinkflation” is the result of greedy corporations trying to cheat the consumer.  Shrinkflation is when a manufacturer reduces the amount of product without reducing the cost. Since the correct weight is listed, it is not illegal, but requires the consumer to check the weight when comparing prices. They claim we need to increase taxes for corporations to force them to pay their fair share. While that sounds logical, it ignores the facts.   Higher taxes and increased regulations imposed by liberal politicians have greatly increased the cost of manufacturing. In addition, inflation fueled by reckless spending by liberal politicians has also added to the cost of raw materials and labor. As a result, many corporations are facing massive increases in cost and have to make up the deficit somehow. They can only increase prices so much without driving away consumers. As a result, many have had to reduce the quantity to cut manufacturing costs. By increasing corporate taxes, politiciansare only adding to manufacturing costs and further forcing corporations to find ways to cut costs. However, liberal politicians refuse to accept responsibility for their actions and continue to use it to justify their reckless spending and increased taxes. We will not see any reduction in out of control inflation until they cut spending, reduce taxes, and unnecessary government regulations. Government officials who have no business experience have no business regulating businesses. Voters need to vote out the reckless politicians and vote in people who are experienced in business and can help businesses thrive. While some regulation is needed to prevent fraud and price gouging, the free market is very powerful in regulating businesses. Consumers vote with their dollars and businesses know they need to respond if they are going to stay in business. President Trump showed what a businessman can do in spite of all the hindrances he faced from liberal politicians who wanted to continue their reckless spending.

 

 

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