Tag: corporate-welfare

  • My GMO Concern Confusion (Until I Finally Looked It Up)

    For years, I walked past products screaming NON-GMO! and thought… so what? I’ll be upfront: I’m not the sharpest tool in the shed. I’m also an optimist — or maybe a pessimistic optimist? An optimistic pessimist? I’ve never quite nailed that down, and honestly, that tracks with the fact that I spent years vaguely confused…

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  • Passing the Buck: Why We Pay More But Make Less Part 9: Death, Taxes, and Everything In Between

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    Part 9 of Passing the Buck, a 15-part series on why we make less but pay more. This installment is about all the other fees: the ones below the line on the bills I have already written about, the surcharges and convenience charges and service fees and resort fees and processing fees that have become…

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  • Passing the Buck: Why We Pay More But Make Less Part 8: Insurance

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    Part 8 of Passing the Buck, a 15-part series on why we make less but pay more. On the morning of December 4, 2024, the CEO of UnitedHealthcare, Brian Thompson, was shot and killed on a sidewalk in Midtown Manhattan on his way to his company’s annual investor day. The bullet casings recovered at the…

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  • Passing the Buck: Why We Pay More But Make Less Part 7: Phone and Internet

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    Part 7 of Passing the Buck, a 15-part series on why we make less but pay more. This installment is about phone and internet service, which has become the cleanest example in modern American life of what happens when a utility-style market is allowed to deregulate into an oligopoly. It is the most unavoidable monthly…

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  • Passing the Buck: Why We Pay More But Make Less Part 6: Food Monopolies

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    Part 6 of Passing the Buck, a 15-part series on why we make less but pay more. This series has been working its way through the categories of household spending where the cost has been quietly shifted away from corporate balance sheets and onto households. Food is one of the larger ones, and one of…

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  • Passing the Buck: Why We Pay More But Make LessPart 5: The Auto Trap

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    Part 5 of Passing the Buck, a 15-part series on why we make less but pay more. The first four installments traced cost shifts inside relatively well-defined transactions — wages versus productivity, employer-to-worker benefit transfers, overdraft fees, credit card interest. This one is harder, because the cost being passed to households is built into the…

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  • Passing the Buck: Why We Pay More But Make Less. Part 4: Credit Cards

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    Part 4 of Passing the Buck, a 15-part series on why we make less but pay more. Part 3 looked at the overdraft side of consumer banking. This one looks at the other side of the same relationship — the credit card. Most of the largest credit card issuers in the United States are also…

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  • Divided We Fall Part 7: Climate Change

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    I put a heat pump in my house last year. Bosch 5-ton, replaced an oil-fired system that came with the place. I’m not telling you that to flex green credentials — I’m telling you that because the math finally penciled out, the technology has gotten genuinely good, and the federal tax credits at the time…

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  • BrokeCon by Design Part 19: The Corporate Tax Dodge

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    One morning in late January, Tesla released its annual report, and up where the shareholders look was the number the company wanted them to see. Almost $5.7 billion of income earned in the United States in 2025. Roughly double what it had earned here the year before. A very good year, told the way a…

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    Even that’s Odd