this post was submitted on 17 May 2024
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Which is weird, because doing nothing is only going to cost more and more as time goes on.
It might cost more overall but it will be different people paying that cost (taxpayers and poor, mostly) whereas if we took action now it would be the capitalists paying for it.
Well yeah, but have you thought about how doing something might impact profits this quarter? Unacceptable!
New acronym just dropped.
NIMQE - Not in my quarterly earnings! Pronounced Nimquee
Example usage: The CEO, upon receiving word of a new bill that would drastically help reduce carbon emissions but also create a temporary negative pressure on their multinational's earnings per share, pulled a suitcase full of cash from their file cabinet and walked out the door, calling up the governor to arrage a round of golf where they would declare NIMQE.
Exactly. It's about short term profits only.