They were fighting to stop job outsourcing .
Verizon netted $18 billion last year . But it's the ingrate workers who are greedy ? You righties are such big biz whores .
No, it's just that we know more about business than liberals.
Let me give you a scenario:
Let's say you won a lottery number that paid oh.......about $400,000 after taxes. Your house and car are paid for, you don' have any major bills. So what do you do with this new little fortune? That's right, you invest it.
But let's say you don't know much about investments, so you talk to somebody that does. You want a secure long term investment. Nothing risky or nutty.
So your friend boils it down to two companies for you to invest in. Company A has been around for quite a while. It's a conservative investment that's been earning about 5% a year. Then there is company B. It to is a conservative investment, but it's growth has been around 2.7% a year. Which company will you put that $400,000 in?
Before you answer, there is one more thing you should know. Company A grosses around four million dollars a year. Company B grosses about six billion dollars a year. Does that change your decision?
Of course not, because you could care less how much they gross, you care about growth just like all investors in the market.
Verizon's growth has not been that great lately regardless of how much they gross. That means they lose investors they really need because large business heavily relies on investors. Now they have to give these 40,000 employees whatever it took to get them back to work, and of course, that brings down their growth much more.
