healthmyths
Platinum Member
- Sep 19, 2011
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Jim Cramer, the host of "Mad Money."
I have NO IDEA why this person I have really respected as KNOWING about markets, profits,etc. would even DEIGN to ask such a totally STUPID and IGNORANT question:
His question:
Do you think that companies can both be profitable and be able to create jobs? Do you think it's a dichotomy? Do you think they can do it?
The Page by Mark Halperin | CNBC Transcript of "Your Money, Your Vote" Republican Presidential Debate
UNBELIEVABLE!!!
Gingrich gave one of the better answers..
GINGRICH: Sure. Look, obviously, corporations can and should do both.
And what is amazing to me is the inability of much of our academic world and much of our news media and most of the people on Occupy Wall Street to have a clue about history.
Read more: The Page by Mark Halperin | CNBC Transcript of "Your Money, Your Vote" Republican Presidential Debate
If even Jim Cramer a touted smart money person asked this totally STUPID question??? What chance does the general public EVER have of understanding our economics, markets and much less BUSINESS!
CRAMER...
When compliance, rules, regulations,EPA,OSHA costs more and when salaries, minimum wage cost more.. OBVIOUSLY that affects earning profits!
Therefore if more people won't generate more revenue to cover all the additional costs just to hire people obviously that affects Profits!
I have NO IDEA why this person I have really respected as KNOWING about markets, profits,etc. would even DEIGN to ask such a totally STUPID and IGNORANT question:
His question:
Do you think that companies can both be profitable and be able to create jobs? Do you think it's a dichotomy? Do you think they can do it?
The Page by Mark Halperin | CNBC Transcript of "Your Money, Your Vote" Republican Presidential Debate
UNBELIEVABLE!!!
Gingrich gave one of the better answers..
GINGRICH: Sure. Look, obviously, corporations can and should do both.
And what is amazing to me is the inability of much of our academic world and much of our news media and most of the people on Occupy Wall Street to have a clue about history.
Read more: The Page by Mark Halperin | CNBC Transcript of "Your Money, Your Vote" Republican Presidential Debate
If even Jim Cramer a touted smart money person asked this totally STUPID question??? What chance does the general public EVER have of understanding our economics, markets and much less BUSINESS!
CRAMER...
When compliance, rules, regulations,EPA,OSHA costs more and when salaries, minimum wage cost more.. OBVIOUSLY that affects earning profits!
Therefore if more people won't generate more revenue to cover all the additional costs just to hire people obviously that affects Profits!