So far, fear has driven investors to sell consumer-exposed stocks. A basket of such companies — including Oreo cookies maker Mondelez International Inc. and Modelo beer producer Constellation Brand Inc. — is down nearly 9% since early August with losses roughly double those of the S&P 500 Index, while makers of things like insulin pumps have wiped out close to a third of their value over the same stretch amid concerns that fewer people will need their products.

  • hperrin@lemmy.world
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    1 year ago

    People being more healthy and living longer also threatens the profits of health care providers and funeral homes. The government should do something about that. Maybe ban exercise, or implement a mandatory daily cheese infusion. Would that make the capitalists happy?

      • lettruthout@lemmy.worldOP
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        1 year ago

        Yeah, I wonder if the makers of KRAFT EASY CHEESE CHEDDAR IN CAN have considered an IV attachment.

    • squiblet@kbin.social
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      1 year ago

      Yep, living longer? After useful labor age, while collecting social security, medicare and pensions? I can’t imagine republican politicians really wanting that.