Tag Archives: profits

Help That Hurts: The Case of US Food Aid

President Trump’s discretionary budget proposal includes a $182 million cut to the McGovern-Dole Food for Education program, eliminating the program entirely. Whatever else one thinks of Trump’s budget, this is a good idea.

It will save taxpayers a small amount of money, which is nice. But far more importantly, canceling the program will also likely help the former recipients.

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Greedy Drug Companies Extending Customer Lifespans for Profit

​Are drug companies making their customers live longer at the expense of their customers? 

This would seem to be the conclusion drawn from internal memos and emails of major pharmaceutical companies leaked last week which offer a sickening glimpse into the world of that life-extending, profit-seeking world.

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Obamacare Meltdown Shows the Importance of Profits

Let me tell you a story.

Ever with good intentions, Congress passes a law to further regulate a market that was already heavily regulated beforehand.

Private businesses try to participate in this market, only to find that they continuously lose money, year after year.

Said private businesses cease participating in this market in order to stop losing money, and focus their efforts elsewhere.

How would a reasonable person describe the behavior of the businesses? Rational, prudent, obvious?

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