If you’re an Amazon Prime member, you think you’re getting a great deal. Have you factored in your piece of the $1.5 billion in state and local taxpayer subsidies that Amazon has received since 2000? Or the costs of government benefits, like Medicaid, provided to their under-paid workforce? The Free & Fair Markets Initiative(FFMI) has been keeping a running tally of all the giveaways that this $1 trillion dollar behemoth has amassed as a by-product of the company’s aggressive and strategic lobbying efforts at all levels of government, as well as campaign contributions, to explain why this largesse goes to a company that clearly doesn’t need a handout. So, while mom and pop businesses shutter on Main Street, Amazon continues to disrupt all commerce on-line and brick and mortar with help from the politicians. It’s amazing when you think about it. Robert Engel of FFMI joins us to discuss.
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