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Democratic Primaries

at140

(6,110 posts)

17. Economy has never come down because of a company breakup

Reply to Demsrule86 (Reply #16)

Mon Jan 6, 2020, 07:38 PM

Jan 2020

One of the largest companies in United States was broken up by the government into several smaller companies. The company was AT&T. After breakup, the separate units became more competitive and things became more efficient.

Same thing happens if a company goes bankrupt. The infra structure gets bought by others, employees get hired by the takeover outfit, and things run more efficiently.

What does bring the economy down is allowing giant companies to do risky schemes and if the scheme fails you have a giant problem. That is exactly what the large banks did causing housing meltdown.

If I were to vote in a presidential
primary today, I would vote for: Undecided

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My dream candidate exists - and her name is Elizabeth Warren [View all] at140 Jan 2020 OP

It is sad that the former Sanders' supporters shifted to her: same ideas but a Demcorat question everything Jan 2020 #1

This has been posted over and over...and in 1980 Warren was a Republican...so I don't get much of Demsrule86 Jan 2020 #2

Elizabeth has charisma and personality and energy at140 Jan 2020 #4

I have serious reservations about what taking on all of this might do to our economy...particularly Demsrule86 Jan 2020 #5

Banks do not create wealth, they use wealth at140 Jan 2020 #7

Banks give loans and mortgages...one of which I recently got...banks are important ...it is this Demsrule86 Jan 2020 #12

The problem is NOT all banks, just the behemoth large ones... at140 Jan 2020 #14

And f'ing with them...could very well bring the economy down. Demsrule86 Jan 2020 #16

Economy has never come down because of a company breakup at140 Jan 2020 #17

I remember 2008...very well. I am against much of what Sanders and Warren say...I believe in Demsrule86 Jan 2020 #18

I miss the charisma and the personality...I just don't get it. I would voter for her happily in a Demsrule86 Jan 2020 #6

Charisma is not all that complicated. at140 Jan 2020 #8

Idon't lover her or her speeches...I don't feel it and I have watched them. She is a worthy Demsrule86 Jan 2020 #9

I understand, and please note that at140 Jan 2020 #10

I don't see her charisma...but should she be the nominee...I would walk barefoot through broken Demsrule86 Jan 2020 #11

You're not the only one who doesn't see it... Skya Rhen Jan 2020 #13

Yeah none of the Biden supporters can see it at140 Jan 2020 #15

Great article from the Guardian! FM123 Jan 2020 #3