Good ole boot straps.Doesn't mean you can't go out, work hard and make a nice happy life for yourself in the middle class.
Works well if you are in with peeps.
Not so if you are new to the game.
Good ole boot straps.Doesn't mean you can't go out, work hard and make a nice happy life for yourself in the middle class.
You do realize that a grocery chain operates on about a 1.5% profit margin which leaves no room for price gouging?
The President didn’t drive any factor?As if the tech bubble, housing bubble, and COVID wouldn’t have occurred?
The president wasn’t the driving factor in any of those.
It’s like someone laying a zodiac over this timeline and telling me most job losses occur in the age of Aquarius.
How did Clinton create the tech bubble?The President didn’t drive any factor?
My god man. You are kinda coming across as not understanding the “human” part of life and economics.
Jeez. You just can’t agree that pub policies lose jobs, Dem policies gain jobs.
You can post plenty of links to rebut my post, and likely you will.
Go ahead and post your myriad links. You have no humanity, yet are “tech savvy”. It isn’t all about the hidden hand.How did Clinton create the tech bubble?
How did Bush create the housing bubble?
I'll hang up and listen.
If it is your assertion that the President, and not the Federal Reserve, was the driving force behind the tech bubble and housing bubble, and thus the timing of the associated job gains and losses, please explain.Go ahead and post your myriad links. You have no humanity, yet are “tech savvy”. It isn’t all about the hidden hand.
Well don't tell my kids that, they are all 3 in their 20's and living great lives with out knowing any peeps. Crazy how that works.Good ole boot straps.
Works well if you are in with peeps.
Not so if you are new to the game.
Liberals are always making excuses for their failings.Well don't tell my kids that, they are all 3 in their 20's and living great lives with out knowing any peeps. Crazy how that works.
At any given day Buffet has much more than 263 million in some tax liability going through the court systems.
Long term investment in people and infrastructure has given way to short term thinking. The goal of private equity is to acquire companies, make 20%-30% on their investment and sell in 5-7 years. 90% of the people that work in the business are strangers to the owners, and vice-versa. They are a cost, and they can be replaced or eliminated.
You're absolutely right. Big companies buy smaller ones so they can get big enough to sell to a private equity group. But the only way they can get profitable enough is to cut workers. There isn't a lot of fancy technology in a landscape company or a management company so they make the workers "work faster", Service sucks, employees leave and the company hires untrained workers and pat themselves on the back for saving money on cheaper workers.This is precisely what our HOA(s) have observed over the past few years.
Management companies get bought up by Wall St, "streamline" their systems and get rid of good managers. Service goes to shit and creates loads of problems for the community. Our large master HOA just dumped one of those and moved to a smaller, privately owned company and already service is substantially better (our Treasurer had accounting issues with them constantly not paying invoices, screwing up billing, etc and it was a nightmare for her).
Same deal w/ landscape companies; we had one that was family owned and was head and shoulders better than what we'd had in the past; they got bought up by a larger entity, which we had not realized was another hedge-fund owned deal. Service went to shit; we have $10k or more we're withholding in invoicing to them after switching, due to areas that were never turned on for irrigation and it may have killed off multiple trees in our areas. It'll cost us 2x more to replace those trees than what we owe them in outstanding invoicing, and we may well end up suing them to recoup those losses.
And I know from inside info how they changed their work structure that literally destroyed their responsiveness. We had countless problems with them after the changeover compared with how great they were for 2 yrs prior and dumped them mid-season.
And you see the exact same formula in the news with rental properties - big hedge fund buys up large apartment complexes, raises fees and rents and their service goes to shit. And IIRC, there's an investigation looking at price-fixing for rents by the few major entities buying up all these properties in major markets. Localities need to improve the regulations and impose stiff fines for these big companies that abuse their market power; disincentivize them from buying up in the first place so that local companies can own and run them at a reasonable profit, where there's actual market competition.
You're absolutely right. Big companies buy smaller ones so they can get big enough to sell to a private equity group. But the only way they can get profitable enough is to cut workers. There isn't a lot of fancy technology in a landscape company or a management company so they make the workers "work faster", Service sucks, employees leave and the company hires untrained workers and pat themselves on the back for saving money on cheaper workers.
My vacuum cleaner wasn't working right and figured I would have to buy a new one. But instead I went to a very small business (maybe the owner and 1 other employee). Kind of a crappy place off the beaten path, but nice and clean. Two days later I got a call - my vacuum was fixed and the bill was $60. And I know there were parts involved. I have no idea how he stays in business charging so little.
Growing up in a small town, every business was like that. But Walmart moved to town and almost all the small businesses closed.
Bigger is not "better", but that's how you generate wealth today.
Robert Reich LOL
If tomorrow people decided the stock they own is worth half as much do they get a refund on the taxes for unrealized gains?
Midget Man desperate to remain relevant?
Then why are you defending Trump?Now list every business Midget Man created. That succeeded. Flourished.
I am not defending Trump because I don’t want to.
I am sure Elon will suffer in immeasurable ways, just as the “average American” will.
Robert Reich LOL
Is that $2 trillion a year, or spread over 10 years.
Flying today is significantly cheaper than in 1980, thanks to airline deregulation which led to increased competition and lower ticket prices; when adjusted for inflation, a flight in 1980 would be considerably more expensive than a similar flight today.
Flying today is significantly cheaper than in 1980, thanks to airline deregulation which led to increased competition and lower ticket prices; when adjusted for inflation, a flight in 1980 would be considerably more expensive than a similar flight today.
Flying today is significantly cheaper than in 1980, thanks to airline deregulation which led to increased competition and lower ticket prices; when adjusted for inflation, a flight in 1980 would be considerably more expensive than a similar flight today.
Yep.Well don't tell my kids that, they are all 3 in their 20's and living great lives with out knowing any peeps. Crazy how that works.