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Tuesday, May 30, 2017

Consequences of Capitalism: Adjust to Changing Economic Environment

By Douglas V. Gibbs
AuthorSpeakerInstructorRadio Host

It's a dog-eat-dog world, they say.  Competition includes changing with the changing economic environment.

Payless Shoes has announced it will be filing for bankruptcy, blaming the inability to compete with online sales.  Shouldn't they have adjusted, and created a better online presence?

Taxis are complaining and demanding help from government lawmakers because they've been losing business to Lyft and Uber.  Why should government help?  It's none of the government's business.  Adjust, compete, or die.  That's what the innovation of a free market is all about.

Three Mile Island's remaining reactor is headed for shutdown because Natural Gas is proving to be the better deal for the moment.  This is what happens when government stands aside.  Did you hear that Democrats, and defunct Solyndra?  The market decides.  Not government.  Eventually, the baton will change hands again.  That is the reality of a constantly evolving market.

Nestea is saying bye bye to Democrat controlled California because government policies have made it too hostile of an environment to do business.  That is one of the consequences of too much government intrusion into the private free market.

When will the leftists learn?  Never.  Their religion of socialism has them blinded from understanding or realizing the truth.

"It is easier to fool someone than to convince them they've been fooled."  -- Attributed to Mark Twain.

-- Political Pistachio Conservative News and Commentary

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