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I'd need to go digging through old talking points, but this always seemed obvious to me as a provision added for the sheer political calculus/motivation that it
by bobwaycott 10y ago
I'd need to go digging through old talking points, but this always seemed obvious to me as a provision added for the sheer political calculus/motivation that it sounds good to people. It's just an easy sell—we're going to cap the percentage of profits focuses the attention away from the real cost side effects, and the ability to increase profits by not reducing costs exactly as you described.