Loading ...Same thing in Manufacturing, Gresham’s law is a common sense principle stating that “bad businesses drives out the good ones”. The bad ones are in China, Mexico Japan etc. Those businesses do NOT have to supply healthcare insurance. (its just another tax on US businesses)
Actually its
In economics, Gresham’s law is a monetary principle stating that “bad money drives out good”. For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will disappear from circulation.