Big Business Loves Big Government
8th July 2021
“Big business and big government are not enemies like a lot of people think they are,” says American Enterprise Institute fellow Tim Carney in my new video. “When government gets bigger, whether it’s through spending or taxes or regulation, the big guys, big business benefits.”
Consider the $15 minimum wage. People think of that law as pro-worker. But big companies like Walmart, Costco and Amazon lobby in favor of it. Why?
Because big business can afford robots. Their competitors often cannot.