Trump did what?

[Revoltingest]

No, you misunderstood what I wrote. That, or you're taking exception just to take exception. As I wrote: it's all about the bottom line. Loss leaders and inflated prices both are used to make a company more profitable. Just a different approach. To think that every decrease in production costs results in a commensurate reduction in consumer's pricing is a a misunderstanding of the process.

I addressed what you said.
If this wasn't what you meant, then you should write more carefully.

 

[Scuba Pete]

I addressed what you said.

No. You pulled what I said out of context, changing the entirety of it's meaning. You do this often and while you think it's cute, it's not. it's a pathetic Trump tactic so no wonder you use it.

 

[BSM1]

First they pad their profit margins. Only if they start to lose sales to other competitors will the price drop.

It's not: it's simple corporate greed aka capitalism. Not necessarily a bad thing, but their bottom line IS their only real guideline in setting prices.

Obviously you have no understanding of "profit margin". And, unfortunately, agendas provide the biggest blinders for most of us. Peace out, SP.

 

[Revoltingest]

No. You pulled what I said out of context, changing the entirety of it's meaning. You do this often and while you think it's cute, it's not. it's a pathetic Trump tactic so no wonder you use it.

Backing off of what you said by launching a dishonest counter-attack is so weak.
Really, I'm here to help you understand what business is like.
It's more complicated than you thought.

 

[Scuba Pete]

Obviously you have no understanding of "profit margin".

You 'obviously' don't know me. I've been in retail most of my life and now own/manage the world's largest website for Scuba Diving.

 

[Revoltingest]

.....own/manage the world's largest website for Scuba Diving.

Wow....that must be almost a hundred people!

Oh, come on....you practically invited me to say that!
And I held back...saying nothing about your "retail" experience being the supersizing of lunch orders.
You may slap me if you want.

 

[BSM1]

You 'obviously' don't know me. I've been in retail most of my life and now own/manage the world's largest website for Scuba Diving.

What was/is your profit margin?

 

[Neo Deist]

You 'obviously' don't know me. I've been in retail most of my life and now own/manage the world's largest website for Scuba Diving.

Odd...I don't see anyone named Pete or Peter at scubadiving.com or the magazine Scuba Diving.

 

[Scuba Pete]

What was/is your profit margin?

I'm sorry, but I'm not going to divulge my P&L on the interwebs. You don't want to believe me? I don't give a rat's azz. You can join @Revoltingest and stew in your ignorance.

Compared to magazines though, my profit margin is huge. I have a monthly stipend for servers and pay about %25 of my revenues in the form of commissions. No printing. No stamps. Most of my 'employees' are volunteers or contract workers. You do the math.

 

[Revoltingest]

I'm sorry, but I'm not going to divulge my P&L on the interwebs. You don't want to believe me? I don't give a rat's azz. You can join @Revoltingest and stew in your ignorance.

I don't stew.
I ferment....like kimchi, but with less cabbage.

Compared to magazines though, my profit margin is huge. I have a monthly stipend for servers and pay about %25 of my revenues in the form of commissions. No printing. No stamps. Most of my 'employees' are volunteers or contract workers. You do the math.

It sounds like your business is underwater.

 

[jeager106]

I'm sorry, but I'm not going to divulge my P&L on the interwebs. You don't want to believe me? I don't give a rat's azz. You can join @Revoltingest and stew in your ignorance.
@Scuba Pete
Hey! I represent that comment about my friend Revoltingest!
He might be a self proclaimed Ignorant Atheist Capitalist Engineer Libertarian
but he's a pretty smart fellow.

 

[esmith]

I don't stew.
I ferment....like kimchi, but with less cabbage.

You sure it;s not Nouc Mam with less fish?

 

[Revoltingest]

You sure it;s not Nouc Mam with less fish?

Nouc mam?
No ma'am!

 

[Revoltingest]

I'm sorry, but I'm not going to divulge my P&L on the interwebs. You don't want to believe me? I don't give a rat's azz. You can join @Revoltingest and stew in your ignorance.
@Scuba Pete
Hey! I represent that comment about my friend Revoltingest!
He might be a self proclaimed Ignorant Atheist Capitalist Engineer Libertarian
but he's a pretty smart fellow.

Thank you for your concern, but he didn't insult my intelligence (this time).
Scooby (Doo) only referenced my self proclaimed ignorance.
I think he was actually showing affection....this time without the touching.

 

[jeager106]

"this time without the touching."

Bawwwwwwwwww-hawwwwwwwwwwwwww.

That was funny!

 

[metis]

I get what your saying but I have to weigh in the idea that he's preserving jobs in the US. This is what middle America wanted and I'm glad this is happening.

I'm with you, and I hope he can help save many more jobs.

But let me just mention one thing else, and that is that when Obama was successful in helping both G.M. and Chrysler in 2009, the Republicans went into convulsions, saying that he was "picking & choosing" and that he should have let them sink into bankruptcy. But now that their guy is in office, Trump's utterly fantastic and another super-hero.

Most Republicans opposed what Obama did which, according to the CBO, may have saved over a 100,000 jobs because of the spin-off effect, and yet they now they bow down at Trump's feet because he may have saved over 1000 jobs.

So, I'm with you in that both should be lauded for helping out, but otoh I do believe that so many of these Republicans should start a new organization and maybe call it "Hypocrites-R-Us".

 

[metis]

Why do you think there's such an outcry to abolish the IRS and establish a fair or flat tax? And it seems you are still holding on the false belief that any corporations pays taxes. If there were no taxes on businesses then the price of goods and services will fall to reflect those savings. You spending dollar will go farther thus creating more demands which will create more jobs which will generate more tax dollars for Uncle Sam (forgive the run on sentence). You would probably realize a tax savings.

You're not "following the money". Increased consumer taxes that would have to be significantly increased reduces million's of their spending power, and that ripples through the economy in regards to lower sales. In many communities, corporate and business taxes pay a majority of local taxes as it did years ago where I live in the L.P., and then there also state and federal taxes involved.

What stimulates the economy the most is the spending power of over 300,000,000 Americans. Significantly reduce that, and it's economic suicide, and investment money will go where the demand is the greatest.

So, instead of using a snake-oil approach, our best bet is to do what the Swedes successfully did in the late 1990's, namely to reduce the federal tax rate to say around a 10% flat tax, and then supplement that with a VAT, the latter of which makes domestic products more relatively appealing. It's a proven approach.

 

[suncowiam]

I'm with you, and I hope he can help save many more jobs.

But let me just mention one thing else, and that is that when Obama was successful in helping both G.M. and Chrysler in 2009, the Republicans went into convulsions, saying that he was "picking & choosing" and that he should have let them sink into bankruptcy. But now that their guy is in office, Trump's utterly fantastic and another super-hero.

Most Republicans opposed what Obama did which, according to the CBO, may have saved over a 100,000 jobs because of the spin-off effect, and yet they now they bow down at Trump's feet because he may have saved over 1000 jobs.

So, I'm with you in that both should be lauded for helping out, but otoh I do believe that so many of these Republicans should start a new organization and maybe call it "Hypocrites-R-Us".

I agree that this bipartisan line is holding us back as a nation. I'm personally trying to do my part in acknowledging where I can to pull us together.

Let's see where this goes with Trump and the car manufacturers. Seems to be a lot more news ahead.

 

[Mister_T]

Just to be fair, I don't recall the Right going on multi-city protests, smashing windows, destroying cars, assaulting people and acting like total baffoons on TV with their stupid rhetoric and chants of "not my president."​

​

Addendum: the irony is that if those people live here in the USA, Trump WILL be their president whether they like it or not. There have been presidents that I do not like. But I know that nothing I do will change the fact that they were the ones sworn into office. I watch and see what they do, and then vote accordingly in 4 years.

Speaking of addendum's, perhaps you should fix who you're quoting since that's not my post.

 

[BSM1]

I'm sorry, but I'm not going to divulge my P&L on the interwebs. You don't want to believe me? I don't give a rat's azz. You can join @Revoltingest and stew in your ignorance.

Compared to magazines though, my profit margin is huge. I have a monthly stipend for servers and pay about %25 of my revenues in the form of commissions. No printing. No stamps. Most of my 'employees' are volunteers or contract workers. You do the math.

Didn't really ask about your P&L, but so be it. Have a nice life.