Erinwltr
Gold Member
- Feb 8, 2018
- 9,140
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So, according to you, companies can absorb all rising raw material costs. "We lose a little on every sale but make up for it with volume."Wrong, they won't raise prices because if they did, AS YOU SAID YOURSELF, lol, that would reduce sales. That's WHY the can't raise the prices. Duh!Still pushing that load of crap.
Companies willr aise prices if they can not find equally costed replacements. This WILL like;y reduce sales and trigger layoffs.
And then you say this would trigger layoffs. OMG. Layoffs also cannot occur for the same reason. The firm already has the correct number of employees to make it the most money. And change to that number triggers sales reductions.
I don't recall ever talking to so much economic foolishness.
Perfect Post. Thank You.No companies should ever be bailed out no matter the reason, especially union controlled companies like GMReagan pulled Harley Davidson out of the fire and saved their asses. Now our President wants to help them and every other American company by eliminating unfair trade practices and Harley Davidson bails on him instead of hanging in until Trump gets a better deal (THAT WILL HELP HARLEY). Fuck Harley Davidson, I hope they go under for good this time. No more bailouts.
What do you think the tariffs are? Artificially raising the cost of imported steel so US steel companies can charge more.
That is the same effect as a bail out.
Unions don’t control companies. That’s a right wing fallacy. Unions protect workers from employer abuses and unsafe working conditions. The rise of the American middle class began with the wages and benefits negotiated by the unions.
The decline in the real wages and benefits for working and middle class began when Reagan attacked and destroyed the air traffic controllers union and declared war on all unions.
Should the government pick winners and losers? No. The market should. That being said, the total collapse of the US banking, insurance and auto sectors would have had far reaching implications, and likely have lead to the total collapse of the US economy, given the other forces at work at the time.
General Motors decline had to do with poor design and bad management decisions. Their cars weren’t selling. That had nothing to do with the unions. My husband and I got excited when they brought the Camero back. Before we were married, I owned a black Camero and my husband owned a white Trans Am. We loved those cars. The new Cameros were ugly, uncomfortable and expensive. We bought a Subaru instead.