Doc Posted 3 hours ago Posted 3 hours ago 4 minutes ago, Roundybout said: I was opposed to them. They’re bad policy. Why are you suddenly supporting them? I don't recall a single one of you saying you were opposed to them.
TH3 Posted 3 hours ago Posted 3 hours ago 12 hours ago, Doc said: So, wait, Democrats are now on Walmart side? And concerned that they’ll lose maybe $100 million from that $572 billion in profit? You too…apparently have no concept of COGS….Walmart net profit margin 2.7 Percent….if a significant portion of their goods pricing goes up 30 percent maybe you and K D can tell us how that works Maybe you can also tell us how it’s good to have the government bossing businesses around
Roundybout Posted 3 hours ago Posted 3 hours ago 2 minutes ago, Doc said: I don't recall a single one of you saying you were opposed to them. Im sure @JDHillFan could give you pointers on searching through everyone’s post history. On a different note, it’s amusing how we’ve gone from “tariffs will be paid by foreign countries” to “companies should just eat the costs”
Doc Posted 2 hours ago Posted 2 hours ago 7 minutes ago, TH3 said: You too…apparently have no concept of COGS….Walmart net profit margin 2.7 Percent….if a significant portion of their goods pricing goes up 30 percent maybe you and K D can tell us how that works Maybe you can also tell us how it’s good to have the government bossing businesses around 4 minutes ago, Roundybout said: Im sure @JDHillFan could give you pointers on searching through everyone’s post history. On a different note, it’s amusing how we’ve gone from “tariffs will be paid by foreign countries” to “companies should just eat the costs” How can I search what wasn't there? Again this was Kamala's only solution for inflation and none of you guys made a peep about it.
JDHillFan Posted 2 hours ago Posted 2 hours ago 1 minute ago, Roundybout said: Im sure @JDHillFan could give you pointers on searching through everyone’s post history. On a different note, it’s amusing how we’ve gone from “tariffs will be paid by foreign countries” to “companies should just eat the costs” I’m sure he knows how. It’s quite easy if the need arises. For instance if you were to start lying again about what you said regarding the murder of ICE agents, all I would have to do is search for “very pleased” and filter on your handle. That way you can’t be misquoted. You should try it sometime.
ComradeKayAdams Posted 1 hour ago Posted 1 hour ago To be clear: you CAN successfully implement top-down price control policies in certain limited situations (with “capping” or “flooring” preferred over “fixing”). Price gouging collusion in, say, the aftermath of a natural disaster is an example of a free market failure, and it is one such scenario during which the temporary use of price controls would be fine. Price setting is an emergent collective phenomenon, but it’s ultimately done by individual employers based on their anticipated operating profit margins. What Trump appears to be doing, however, is applying an economic band aid over the early stages of an economic gunshot wound. You can’t just “art-of-the-deal” micromanage your way out of international supply shock inflation LOL… As far as we know, at least, Walmart is intending to set prices based on legitimate prior knowledge of impending supply shocks. 1
4th&long Posted 1 hour ago Posted 1 hour ago 1 hour ago, Doc said: I don't recall a single one of you saying you were opposed to them. There is a huge difference between Harris and trump. There was price gouging going on after the pandemic. Trump shot himself in the foot and is trying to strong arm companies to cover his ass. We all knew prices from tarrifs would be passed on to the consumer. You're comparing apples and oranges. Plus Harris was a proposal, people showed Harris what they thought of her agenda with their vote. Trump is doing this in real time. Come up with a better analogy.
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