Chronicle of October 2023

Worst President for Smaller Companies, France’s Quest for Uranium

Photo by Katie Moum on Unsplash

(Big) Government intentions usually affect things in opposite ways. LBJ’s war on poverty incentivized people to be more dependent on government, destroyed many traditional nuclear families¹, and produced big inflation in the 70’s. Green agenda (so far) benefits fossil fuel companies, a lot. On the other hand, learning from the case of OECD countries, the trend of lower and lower corporate taxes —of which many believed would decrease government income— generated bigger corporate tax revenues for the government of those countries as a % of GDP.²

Progressive agenda of Bidenomics —of which many believed would uplift less fortunate people— has been beneficial to top corporations in America. Not to smaller cap companies, and definitely not to the average working class that need to work extra hard to catch up with the rising living cost.

Common sense would say that smaller companies generate better growth, fundamental expansion, and eventually better returns for in…