I was told that Econ 101 says this doesn’t happen
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When a company cuts labor, to benefit the CEO and shareholders, is that pro worker?46XiJCAB said:Kobe doesn’t understand that two things can be true at the same time.
You can support the working truckers and also believe a company can make as much profit as the market will allow. -
That's because you are stupid.TheKobeStopper said:
I know, buddy. I’d still say it.PurpleThrobber said:
I was making the Dr. Evil air quotes when I posted it.TheKobeStopper said:
Couldn’t have said it better myself.PurpleThrobber said:
Those profits are made off the backs of the laborers.thechatch said:
Nice subtle straw man to show everyone you don’t know what you’re talking about. Big corps would always rather cut costs than raise prices in a competitive market. Period.TheKobeStopper said:
Lol.thechatch said:
A little lesson for wanna-be Econ heroes with soft science degrees like Kobe...TheKobeStopper said:They raised prices back in 2018 too, in the greatest economy in american history.
https://www.google.com/amp/s/fortune.com/2018/06/07/starbucks-raises-coffee-prices-2018/amp/
Raise prices, more profit, profit good. You guys must have missed that day in Econ 101.
Raising prices in a competitive market is pretty much the LAST thing a CEO wants to do in order to maintain profit margins.
Inflation and spiking CoGS are THE two external factors that force a company’s hand, in that regard.
https://www.google.com/amp/s/www.seattletimes.com/business/starbucks-posts-record-quarterly-sales-thanks-to-us-business/?amp=1
It is not the last thing they want to do, the last thing they want to do is make less than last year.
That’s the most bullshit use of the word “force” I’ve ever seen. Record profits and poor little Starbucks is forced to raise prices just to continue making record profits. It must be so hard. Their dick in your mouth that is.
And the Seattle times article only focused on revenues, not profits, as you clumsily conflate in your response.
Btw a CEO’s sole job is to maximize shareholder value. Increasing margins year over year is the goal of every FP business organization in the world.
Why do I waste my time with you?
That's called mocking. -
If a worker can't afford to fill up the car, heat the house and eat is the GND worker friendly?
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Well when you consider the great leap forward worker friendly...RaceBannon said:If a worker can't afford to fill up the car, heat the house and eat is the GND worker friendly?
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Punting on 3rd down to own the libs.RaceBannon said:If a worker can't afford to fill up the car, heat the house and eat is the GND worker friendly?
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How can you fail to understand everything? You're truly a marvel of modern ignoranceTheKobeStopper said:
Punting on 3rd down to own the libs.RaceBannon said:If a worker can't afford to fill up the car, heat the house and eat is the GND worker friendly?
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This made no senseTheKobeStopper said:
Punting on 3rd down to own the libs.RaceBannon said:If a worker can't afford to fill up the car, heat the house and eat is the GND worker friendly?
Guess I stumped the band -
Kobe trying his darndest to be the Dazzler.
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Did you post this from your iPhone?TheKobeStopper said:
When a company cuts labor, to benefit the CEO and shareholders, is that pro worker?46XiJCAB said:Kobe doesn’t understand that two things can be true at the same time.
You can support the working truckers and also believe a company can make as much profit as the market will allow. -
Yes, because the job is probably shitty and it frees those people up to look for something else.TheKobeStopper said:
When a company cuts labor, to benefit the CEO and shareholders, is that pro worker?46XiJCAB said:Kobe doesn’t understand that two things can be true at the same time.
You can support the working truckers and also believe a company can make as much profit as the market will allow.
