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Our market economy will, in the long run, favor larger and more technologically-advanced businesses that can develop an economy of scale.This, of course, may result
Our market economy will, in the long run, favor larger and more technologically-advanced businesses that can develop an economy of scale.This, of course, may result in smaller competitors in that industry going out-of-business.In response, Congress spends billions of tax dollars every year to help these smaller and less competitive businesses (e.g. small family farmers) stay in business.Is this a wise use of our tax money, particularly in times of sky-rocketing Federal deficits?
Why or why not?
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