Profit Margin

2»

Comments

  • CorporateWhore
    CorporateWhore Posts: 1,890
    desandrews wrote:
    Do you believe businesses should be bound by an "adequate" profit margin? If so, how much is adequate? Should it differ by industry?

    No.
    All I know is that to see, and not to speak, would be the great betrayal.
    -Enoch Powell
  • inmytree
    inmytree Posts: 4,741
    desandrews wrote:
    Do you believe businesses should be bound by an "adequate" profit margin? If so, how much is adequate? Should it differ by industry?


    why not...what would it harm...?
  • Commy
    Commy Posts: 4,984
    inmytree wrote:
    why not...what would it harm...?
    exactly. when gas prices are at record levels and oil companies are making record profits a little intervention might be in order. proponents of a free market would have no intervention by the gov't-and thus the people, insofar as the gov't is democratic.

    I'm all for caps on profits...spread the wealth. And to be honest the workers should get most of it anyway, they do all the work.
  • miller8966
    miller8966 Posts: 1,450
    Commy wrote:
    exactly. when gas prices are at record levels and oil companies are making record profits a little intervention might be in order. proponents of a free market would have no intervention by the gov't-and thus the people, insofar as the gov't is democratic.

    I'm all for caps on profits...spread the wealth. And to be honest the workers should get most of it anyway, they do all the work.

    WHat are you talking about?

    profits=higher wages. IF the company is capped the worker will not make more money.
    America...the greatest Country in the world.
  • inmytree
    inmytree Posts: 4,741
    miller8966 wrote:
    WHat are you talking about?

    profits=higher wages. IF the company is capped the worker will not make more money.

    middle class wages have been stagnate for years while the CEO's are getting bank just to leave....

    yeah, that's going well...

    again, I ask...why not, what's the harm...
  • miller8966
    miller8966 Posts: 1,450
    inmytree wrote:
    middle class wages have been stagnate for years while the CEO's are getting bank just to leave....

    yeah, that's going well...

    again, I ask...why not, what's the harm...

    Show me evidence where middle class wages have stayed the same.

    If there is a price cap the Ceo's will still take more and give even less to the workers.
    America...the greatest Country in the world.
  • Commy
    Commy Posts: 4,984
    miller8966 wrote:
    WHat are you talking about?

    profits=higher wages. IF the company is capped the worker will not make more money.


    in millerland maybe, but the average exxon employee hasn't seen a substantial increase in pay. Not even cliose to being proportional to the profits they've seen, what $36 billion last year?


    If you cap the companies profits you actually force them to pay higher salaries. If they aren't allowed to report the profits, or have some cap on them, they have to put the money somewhere, like the workers pockets for example, as opposed to the tiny percentage of the people in charge.
  • Commy
    Commy Posts: 4,984
    miller8966 wrote:
    Show me evidence where middle class wages have stayed the same.

    If there is a price cap the Ceo's will still take more and give even less to the workers.

    You're right, they haven't stayed the same. Relative to inflation, they've actually gone down.

    And the lower class...shit.
    http://www.policyalmanac.org/economic/archive/minimum_wage02.shtml
    "Furthermore, with the passage of time, today’s stagnant minimum wage has eroded in value (see Figure 3 ). In the 1970s, the minimum wage amounted to about half of what the typical American worker was earning. Today, it has fallen to only 38 percent.[2] "

    In other words, minimum wage has actually gone down since the 70's.

    The division of wealth in the United States is comparable to 1920 levels. remember, that period of time right before the Great Depression
  • inmytree
    inmytree Posts: 4,741
    miller8966 wrote:
    Show me evidence where middle class wages have stayed the same.

    If there is a price cap the Ceo's will still take more and give even less to the workers.

    http://www.newsobserver.com/238/story/501203.html

    http://www.americanprogress.org/pressroom/releases/2006/09/middleclassturmoil.html

    http://www.lewrockwell.com/paul/paul191.html
  • onelongsong
    onelongsong Posts: 3,517
    desandrews wrote:
    Do you believe businesses should be bound by an "adequate" profit margin? If so, how much is adequate? Should it differ by industry?

    hell no. there's some jobs i made over $1000/hour on and others only $200/hour. i should be able to make what i can. that's what makes this america.
  • soulsinging
    soulsinging Posts: 13,202
    onelongsong wrote:
    hell no. there's some jobs i made over $1000/hour on and others only $200/hour. i should be able to make what i can. that's what makes this america.

    didnt your mother ever teach you it's rude to brag?
  • jlew24asu
    jlew24asu Posts: 10,118
    onelongsong wrote:
    hell no. there's some jobs i made over $1000/hour on and others only $200/hour. i should be able to make what i can. that's what makes this america.

    I call bullshit :D

Categories