• Here is a link to the full explanation: https://rollitup.org/t/welcome-back-did-you-try-turning-it-off-and-on-again.1104810/

This economy ... 2020

HashBucket

Well-Known Member
I didn't read your cut n paste link.
I don't do that.
BUT
from the title I can imagine.

I am in a position where I need to hire. I have needs for skilled labor right now. I also have budgetary limits. There is a lot of pressure on companies and corporations right now to pay more, a LOT more than they want to to acquire the help they need to do business; and I believe that real soon those pressures will drive up wages. Employers just gotta pay it.
BUT ... when pricing a company has to look at their 'cost to produce'.
All of the costs are known, right to the penny.
The owners, or investors want a return on their investment. If that proves to not be possible the capital will seek other opportunities and the company folds up.
In order for a company to be profitable; that is pay all its bills including payroll and taxes and set aside funds for capital depreciation and emergencies AND have some left over so that the owners get paid too -- in order to be profitable the company needs to mark up at least 100% of its fixed and variable expenses. They have to sell for double their pre tax cost.
If it costs twenty bucks for me to make a widget I gotta sell it for $39.95 at least.

So ... so what ... hehehe.

Ok, so here's the bottom line;
Wages will go up and a lot and soon ... but nobody will report it.
MSNBC will report it as a lie.

Then, when the cost of those wage increases hits the ultimate price that someone pays for it ... come on. Ya'll know. It will be inflationary, and ...
Let's all say it together .... IT'S TRUMPS FAULT

Right?

Well, its not. It is market forces that Trump has no control over.
No matter how much you hate him, no matter how much real estate he owns in your mind, he is not a god. He does not control market forces.
Nobody does.
Governments try ... but they can't.
There will always be black market, free trade, barter ... and, the more things change the more they remain the same
 

Grandpapy

Well-Known Member
I didn't read your cut n paste link.
I don't do that.
BUT
from the title I can imagine.

I am in a position where I need to hire. I have needs for skilled labor right now. I also have budgetary limits. There is a lot of pressure on companies and corporations right now to pay more, a LOT more than they want to to acquire the help they need to do business; and I believe that real soon those pressures will drive up wages. Employers just gotta pay it.
BUT ... when pricing a company has to look at their 'cost to produce'.
All of the costs are known, right to the penny.
The owners, or investors want a return on their investment. If that proves to not be possible the capital will seek other opportunities and the company folds up.
In order for a company to be profitable; that is pay all its bills including payroll and taxes and set aside funds for capital depreciation and emergencies AND have some left over so that the owners get paid too -- in order to be profitable the company needs to mark up at least 100% of its fixed and variable expenses. They have to sell for double their pre tax cost.
If it costs twenty bucks for me to make a widget I gotta sell it for $39.95 at least.

So ... so what ... hehehe.

Ok, so here's the bottom line;
Wages will go up and a lot and soon ... but nobody will report it.
MSNBC will report it as a lie.

Then, when the cost of those wage increases hits the ultimate price that someone pays for it ... come on. Ya'll know. It will be inflationary, and ...
Let's all say it together .... IT'S TRUMPS FAULT

Right?

Well, its not. It is market forces that Trump has no control over.
No matter how much you hate him, no matter how much real estate he owns in your mind, he is not a god. He does not control market forces.
Nobody does.
Governments try ... but they can't.
There will always be black market, free trade, barter ... and, the more things change the more they remain the same
Guess who never learned to save money?

All those jobs trump created, didn't he know this would happen?? Look, he's so good he created jobs for 25 other countries too!

trends across the 25 economies we studied are alarming: an equilibrium in supply and demand is rapidly becoming the exception, not the norm. between 2020 and 2030, we project significant worldwide labor-force imbalances—shortfalls, in particular. http://www.iberglobal.com/files/The_Global_Workforce_Crisis_bcg.pdf
 

hanimmal

Well-Known Member
I didn't read your cut n paste link.
I don't do that.
BUT
from the title I can imagine.

I am in a position where I need to hire. I have needs for skilled labor right now. I also have budgetary limits. There is a lot of pressure on companies and corporations right now to pay more, a LOT more than they want to to acquire the help they need to do business; and I believe that real soon those pressures will drive up wages. Employers just gotta pay it.
BUT ... when pricing a company has to look at their 'cost to produce'.
All of the costs are known, right to the penny.
The owners, or investors want a return on their investment. If that proves to not be possible the capital will seek other opportunities and the company folds up.
In order for a company to be profitable; that is pay all its bills including payroll and taxes and set aside funds for capital depreciation and emergencies AND have some left over so that the owners get paid too -- in order to be profitable the company needs to mark up at least 100% of its fixed and variable expenses. They have to sell for double their pre tax cost.
If it costs twenty bucks for me to make a widget I gotta sell it for $39.95 at least.

So ... so what ... hehehe.
Hopefully you didn't skip too many classes after the first day of intro to economics where they teach you how that leads to inflation which reduces the increase wages back to being able to buy the same amount as before.
Ok, so here's the bottom line;
Wages will go up and a lot and soon ... but nobody will report it.
MSNBC will report it as a lie.
You really have to stop just saying shit and pretending it is true because it fits a liars narrative.

Then, when the cost of those wage increases hits the ultimate price that someone pays for it ... come on. Ya'll know. It will be inflationary, and ...
Let's all say it together .... IT'S TRUMPS FAULT

Right?

Well, its not. It is market forces that Trump has no control over.
No matter how much you hate him, no matter how much real estate he owns in your mind, he is not a god. He does not control market forces.
Nobody does.
Governments try ... but they can't.
There will always be black market, free trade, barter ... and, the more things change the more they remain the same
Oh nice you did go to the second class on the intro to economics class.

Later on you would learn about tarriffs and how they are taxation for the people buy int the goods (Americans in todays case), which is another inflationary pressure on goods and services, which is entirely Trump's fault as he goes on his world tariff war temper tantrum hurting us all for nothing but his ego.
 

UncleBuck

Well-Known Member
I didn't read your cut n paste link.
I don't do that.
BUT
from the title I can imagine.

I am in a position where I need to hire. I have needs for skilled labor right now. I also have budgetary limits. There is a lot of pressure on companies and corporations right now to pay more, a LOT more than they want to to acquire the help they need to do business; and I believe that real soon those pressures will drive up wages. Employers just gotta pay it.
BUT ... when pricing a company has to look at their 'cost to produce'.
All of the costs are known, right to the penny.
The owners, or investors want a return on their investment. If that proves to not be possible the capital will seek other opportunities and the company folds up.
In order for a company to be profitable; that is pay all its bills including payroll and taxes and set aside funds for capital depreciation and emergencies AND have some left over so that the owners get paid too -- in order to be profitable the company needs to mark up at least 100% of its fixed and variable expenses. They have to sell for double their pre tax cost.
If it costs twenty bucks for me to make a widget I gotta sell it for $39.95 at least.

So ... so what ... hehehe.

Ok, so here's the bottom line;
Wages will go up and a lot and soon ... but nobody will report it.
MSNBC will report it as a lie.

Then, when the cost of those wage increases hits the ultimate price that someone pays for it ... come on. Ya'll know. It will be inflationary, and ...
Let's all say it together .... IT'S TRUMPS FAULT

Right?

Well, its not. It is market forces that Trump has no control over.
No matter how much you hate him, no matter how much real estate he owns in your mind, he is not a god. He does not control market forces.
Nobody does.
Governments try ... but they can't.
There will always be black market, free trade, barter ... and, the more things change the more they remain the same
What a long winded bag of shit you are
 
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