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. -
Just stopTheKobeStopper 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. -
you guys!
I have just been informed of something major, a company did something so they could increase their profit. I am shocked. -
If people quit buying it they will also have to lower prices. Their product is a luxury good.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. -
This could also factor in to the need to raise prices.
https://www.cnbc.com/2021/10/27/starbucks-hikes-wages-will-hit-15-an-hour-in-2022.html -
When you label all truckers protesting in Canada with the white nationalist and Nazi smear are you pro worker. Fuckwit?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. -
If the coffee isn't worth the price increase, people will go elsewhere.
This isn't hard. -
Starbucks is a lot like Sports Apparel with one difference. Nike wearers will buy the sneaks or the dry fit even if the prices go up 25%. It’s all about the brand for them.
Where Starbucks consumer will do the same, but only for the product. Not so much the brand. Starbucks product is entrenched into their daily want so deeply, that it’s a perceived need.
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No, you don’t get it. Wage increases are supposed to come by reducing profit and executive pay. I’m surprised you didn’t know that.BleachedAnusDawg said:This could also factor in to the need to raise prices.
https://www.cnbc.com/2021/10/27/starbucks-hikes-wages-will-hit-15-an-hour-in-2022.html
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Yes. And if you don’t understand why you’re and idiot.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. -
I was in the International Brotherhood of Chemical Workers Union and there is nothing more degrading to a productive worker than getting paid at the same rate as the least productive workers. And that any productive worker gets pounded daily by the least productive. Of course, the chemical plant is long gone. Last strike lasted four months and the by then the broke ass workers finally came back for a nickel raise. Plant became unprofitable and was closed down. Same thing with the teacher unions. I've had several friends that became teachers and most lasted just a few years and then left. Between the union and the inability to discipline their classrooms (supported by the teacher unions) they hated their jobs. You think the slobberer is a happy productive guy? Rhetorical question.MikeDamone said:
No, you don’t get it. Wage increases are supposed to come by reducing profit and executive pay. I’m surprised you didn’t know that.BleachedAnusDawg said:This could also factor in to the need to raise prices.
https://www.cnbc.com/2021/10/27/starbucks-hikes-wages-will-hit-15-an-hour-in-2022.html -
Normal, ambitious people don’t become teachers so I think they are cool with the union. Those who get into teaching and hate being paid the same as bunch of lazy dumbasses leave pretty quickly. So what are we left with teaching kids? Lay people with socialist bend. They also know the school isn’t going out of business no matter what they do, so fuck it.WestlinnDuck said:
I was in the International Brotherhood of Chemical Workers Union and there is nothing more degrading to a productive worker than getting paid at the same rate as the least productive workers. And that any productive worker gets pounded daily by the least productive. Of course, the chemical plant is long gone. Last strike lasted four months and the by then the broke ass workers finally came back for a nickel raise. Plant became unprofitable and was closed down. Same thing with the teacher unions. I've had several friends that became teachers and most lasted just a few years and then left. Between the union and the inability to discipline their classrooms (supported by the teacher unions) they hated their jobs. You think the slobberer is a happy productive guy? Rhetorical question.MikeDamone said:
No, you don’t get it. Wage increases are supposed to come by reducing profit and executive pay. I’m surprised you didn’t know that.BleachedAnusDawg said:This could also factor in to the need to raise prices.
https://www.cnbc.com/2021/10/27/starbucks-hikes-wages-will-hit-15-an-hour-in-2022.html
Private business has the risk of flushing the whole thing. -
Never happen, but we need to isolate education spending from the commie bureaucrats and give it to the parents. I can tell you that the teachers at Jesuit High School in Beaverton are professionals and largely are paid less than public school teachers.MikeDamone said:
Normal, ambitious people don’t become teachers so I think they are cool with the union. Those who get into teaching and hate being paid the same as bunch of lazy dumbasses leave pretty quickly. So what are we left with teaching kids? Lay people with socialist bend. They also know the school isn’t going out of business no matter what they do, so fuck it.WestlinnDuck said:
I was in the International Brotherhood of Chemical Workers Union and there is nothing more degrading to a productive worker than getting paid at the same rate as the least productive workers. And that any productive worker gets pounded daily by the least productive. Of course, the chemical plant is long gone. Last strike lasted four months and the by then the broke ass workers finally came back for a nickel raise. Plant became unprofitable and was closed down. Same thing with the teacher unions. I've had several friends that became teachers and most lasted just a few years and then left. Between the union and the inability to discipline their classrooms (supported by the teacher unions) they hated their jobs. You think the slobberer is a happy productive guy? Rhetorical question.MikeDamone said:
No, you don’t get it. Wage increases are supposed to come by reducing profit and executive pay. I’m surprised you didn’t know that.BleachedAnusDawg said:This could also factor in to the need to raise prices.
https://www.cnbc.com/2021/10/27/starbucks-hikes-wages-will-hit-15-an-hour-in-2022.html
Private business has the risk of flushing the whole thing.
