Musk did a great job with his businesses, but he also lied and mislead while manipulating: sucker consumers; the stock market; and the government. He got a lot of money from the government for different businesses.
Musk bought Twitter almost as a joke, and now uses it as his personal propaganda platform where his Tweets are boosted and he deplatforms people he doesn’t like.
Musk’s ability to pump the government for money went turbo charge with Trump.
Musk sometimes takes criticisms or minor slights as major slights and like a child gets butthurt and can’t rise above it.
In Ohio, data centers spiked electricity costs, provided few jobs other than temporary construction jobs, and thanks to tax deals given to the companies by the Ohio government, the data center companies pay little taxes. They do however, use local services like firefighting when the data centers have fires.
Elon Musk owns space. Most things being put into space are being put there by Musk’s SpaceX. The United States country and government are dependent upon Musk to get into space and Europe is dependent on Musk for its space-facilitated defense. It’s great to have such a fantastic company in the US, but Musk controls too much and has too much power.
The US military may be heading to a point where if it needs a new weapon, or much more of a current one, and it is in the middle of a war, one business owner can say no for whatever reason and greatly weaken America’s ability to fight.
Congresses and presidents give tax breaks for the wealthy and give the wealthy regulatory protection at the expense of everyone else because congress members and presidents are the wealthy. They are protecting themselves and people like them, screwing over everyone else.
At the lower range of the wage scale, businesses have so much leverage over workers that they can suppress wages under competitive market rates. Because of this, an appropriately priced minimum wage doesn’t hurt employment, and actually increases it because more people are willing to work for that higher wage and they are less likely to quit.
The increase in wages results in higher prices and lower profits. The higher prices do not cancel out the wage growth with inflation because only a minority of the cost of all the goods and services people buy are from people who make near the minimum wage.
McDonald’s is a real estate and big data tech company. It is selling convenience, not cheap food or good food. Its goal is to manipulate the customer to come in and buy profitable items.
Some companies use regulations to their advantage. They beat companies that are obeying the spirit of the law, by finding a loophole that absolutely destroys the spirit of the law, but technically, can be argued to follow the rule of the law. Cheating companies have a competitive advantage and the nice guys finish last.
This strategy is aided by weak regulators.
Sometimes this is bad because the regulation fails to prevent the harm it was supposed to stop. Other times it is good because the regulation was preventing new and disruptive ideas from flourishing.