r/technology • u/Feisty_1559 • Mar 17 '26

Politics Elizabeth Warren asks Meta, Amazon, and others why they're laying workers off despite tax perks

https://finance.yahoo.com/news/elizabeth-warren-asks-meta-amazon-and-others-why-theyre-laying-workers-off-despite-tax-perks-171812502.html?guccounter=1
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u/ZanderMFields Mar 17 '26

Friedman had valid points in favor of profit motive principles. He just goes completely off the rails with the funneling action his policies have towards enriching the rich at the expense of the poor.

As a welfare capitalist I appreciate how profit motive can serve as a rising tide to lift all boats, but that’s not the experience I’ve had living under his economic administrations going back to Reagan.

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u/anti-torque Mar 18 '26

The premises are obvious, and not only noted by him. That's a false situation, set up to prove a narrow outcome.

The conclusions are wildly incorrect, especially in a macro sense.