Bongino
Politics • Culture
Get it straight from Dan.
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1 hour ago

I am against any form of socialism, let me define socialism. Socialism is when the government funds and controls the means of production. It by its very nature does not do it the best way. Versus the socialist word capitalism which instead uses strict mathematical formulas to determine self sustainable margins to profit and grow guided by competition. Large corporations have larger profit margins because of bulk purchases and to repay investors, loans etc. that fund alot of pensions. Based on competition and in order to remain competitive adjustments are made on sales projections. Basic tax deductible expenses are around to operational costs ( labor, loans, equipment and utilities) around 30% of profits. Then there are administration costs ( management, benefits; SSI contribution, insurances; liability of employees, workman's comp etc.) around 20 % of profits making around 20% of profits taxable which if it were point of sales charges equals around 5% at the present rate of 22%. This leaves 28% of profits to be split between future marketing and growth as well as the pure profit of 7% for the company, 7% for stock holders and up to 14% for growth through marketing and product development. Those that follow this stay in business and like so many of the large corporations if the past are either no longer in business or are now minimal of what they once were, namely Kaiser steel, Sears, Kmart etc. staples when I was a child but all but gone. Socialism takes from pensions, personal investment and all the things needed to make a company work in order to pay for mostly the irresponsible for whatever reason for the purpose of equity leaving the government to subsidies the necessary operation standards of self sustainablilty at a higher administrative cost to give the elites of educational hierarchy and easy way to make a living regardless of their own failures. Socialism is always on the neverending quest to find the right next piece of legislation because there is a constant underclass and with no incentive to have the common man improve himself then unnecessary social programs become a way of life rather than the intended get past the bump in the road until you get back on your feet program. This is evident when the first things to get cut in any government program are benefits and never it's administration costs.

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54 minutes ago

Good evening bongino army hope everyone is having a great blessed day God bless u all🙏✝️🙏✝️🇺🇸🪖🇺🇸❣️🇺🇸🤍🇺🇸💙🇺🇸🐰🇺🇸

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