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It's a matter of Bidenomics!

Discussion in 'BBS Hangout: Debate & Discussion' started by adoo, Jun 28, 2023.

  1. astros123

    astros123 Member

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    @Space Ghost lina khan blocked Nvdia merger and a year later Nvdia is at all time high and worth over 2 trillion. Arm stock has since doubled since the blocked merger with the firm introducing new software recently

    More competition is ALWAYS good for the consumer. Consolidation is bad
     
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  2. astros123

    astros123 Member

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    I think you confused what the purpose of the Sherman act is. The point of the law is to keep markets as competitive as possible. There's nothing in the law that talks about pricing. If a merger is shown to weaken competition and decrease choices for consumers it's illegal.

    Also if you combine the sales of Albertson + Kroger they equal to Walmart grocery sales. The merger would clearly lessen competition which only drives down innovation



    Stores would shut down which would only mean job loses as well. It's never good for the overall economy to allow these mergers to happen. We need to stop thinking in terms of neoliberalism that somehow mergers and bigger companies benefit society.

    They don't ever
     
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  3. adoo

    adoo Member

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    Kroger and WMT do not compete directly

    WMT has global reach; in the US serves small towns, urban & suburb

    Kroger / Albertson target certain regions in the US, serving urban and suburb communities
    • as compare to WMT, offer
      • higher quality of meat and veggies
      • wider selection of grocery items

    because both are one of the top players in their markets, merger of K/A will change the competitive landscape in certain urban / suburb communities​
     
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  4. astros123

    astros123 Member

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    You also forgot to mention that it would greatly impact the labor market due to Kroger publicly stating they would shut down stores if the merger happened ! This would mean tens of thousands of job loses at a time the labor market can't afford it.

    We need to stop letting our politicians and our elite selling out ordinary americans in the name of bigger corporate profits!
     
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  5. juicystream

    juicystream Contributing Member

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    If you are going to block Spirit mergers, I don't see how you can't block this merger. Grocery is such a limited market in most places.
     
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  6. NewRoxFan

    NewRoxFan Contributing Member

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  7. astros123

    astros123 Member

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    They are also blocking united Healthcare from buying up smaller insurances which always hurt the patients and theyre on the verge of breaking up the PBMs. United Healthcare kicks off patients from his plan then sell them a high end one and the end user gets off. She's filed more section 5 cases than any other time in modern history.

    In the 1980s Robert Bork single handily destroyed this country by introducing trickle down economics and the destruction of labor unions. That's when wealth inequality exploded and when globalism took off. @Nook

    When biden nominated lina he attacked Bork

     
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  8. No Worries

    No Worries Contributing Member

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    The Ds need to capture and kill the Rs message that the economy does better when there is a R POTUS.

     
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  9. astros123

    astros123 Member

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  10. NewRoxFan

    NewRoxFan Contributing Member

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    When you can't criticize the results... change the game...

     
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  11. astros123

    astros123 Member

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  12. astros123

    astros123 Member

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    Trumps economic plan consists of 10% universal tariffs on day 1 while also deporting millions of migrants who work including those that work on farms and livestock which will jack up food costs.

    The insane thing is right wing dipshits @LosPollosHermanos @Salvy tell us Trump is somehow going be great for the economy. None of these morons know how
     
  13. LosPollosHermanos

    LosPollosHermanos Houston only fan
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    lol even MSNBC clowning Biden. Democrat defense network can’t stand this walking zombie

    sad
     
  14. astros123

    astros123 Member

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    Joe biden is a zombie while trump didn't even know who he was running against and claimed that America had airplanes during the revolutionary War lol.

    You dipshit morons are hilarious. Thanks for skipping over my point about his economic plan. Morons
     
  15. NewRoxFan

    NewRoxFan Contributing Member

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  16. astros123

    astros123 Member

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  17. juicystream

    juicystream Contributing Member

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    The bottom one is a negative for most Americans.
     
  18. Space Ghost

    Space Ghost Contributing Member

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    Another bank failure is a roaring economy.

     
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  19. astros123

    astros123 Member

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    I'm the biggest advocate for cutting rates cuz PCE inflation is at fed target while you claim that fed should keep rates high then you complain about a bank failure which is mostly happening from high interest rates?

    Seriously WTF is wrong with you? Are you mentally okay or just troll this thread for no reason?
     
  20. astros123

    astros123 Member

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    Most Americans do not want to see their houses value go down. They want to buy a cheap house while having their primary increase in value.
     

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