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OTOH businesses can also be drains on the local economy when all profit is shipped out of the community in which it’s made. If you have a factory pulling out $2
by taurath 8y ago
OTOH businesses can also be drains on the local economy when all profit is shipped out of the community in which it’s made. If you have a factory pulling out $200mil a year in profits in your town, all it will do much of the time is not have layoffs, while the Wall Street investors get all the benefit.
- Tempest1981 8y agoThe fact that Gary is such a poor town seems to confirm your observation. The workers don't seem to be seeing a share of the profits.