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Re: Editorial in the paper 

By: Zimbler0 in POPE | Recommend this post (2)
Sat, 16 Jul 11 2:29 AM | 52 view(s)
Boardmark this board | (The) Pope's for real stock market report 		Msg. 39324 of 65535
(This msg. is a reply to 39173 by killthecat)
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KTC> The most likely result of this new tax is that expenses go up to $16 million and profit goes down to $4 million,


Most likely? KTC?
Over the last few years I have learned a new lesson
regarding 'economics of business'. Cut a business's
profit margin by 20% . . . and the first thing they
will try to do is recover that 20%.

(My employer regularly holds 'State of the Union'
meetings . . at first they were held in a nice place
with refreshments . . . for the last couple of years
they've been held in an open space in the back with
metal folding chairs (no padding) and no refreshments.
They talk about the desired profit margin and the fact that they will do ANYTHING to meet that profit
margin. Including mandatory days off without pay.
About five of them so far this year.)


Your 'likely result' is crap.

Zim.




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Mad Poet Strikes Again.


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The above is a reply to the following message:
Re: Editorial in the paper
By: killthecat in POPE
Thu, 14 Jul 11 4:48 AM 		Msg. 39173 of 65535

Hi Zim:

Just maybe a company has $20 million in sales, $15 million in expenses, and $5 million in profit. The company's taxes are raised by $1 million. The most likely result of this new tax is that expenses go up to $16 million and profit goes down to $4 million, not that the product price is increased to cover the new tax.


Re: Your rather silly contention that a little unionism is A-OK. Do you have a single example in world history where a little unionism was effective? I thought not.

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