Under current market conditions. It saves more money upfront, but we don't know what would occur if a service enterprise invested differently: certainly companies like Cost-Co perform perfectly fine investing more in their workforce than competitors.
In banking, for example, loans will be given out liberally during a period of growth because you otherwise don't remain competitive, but this then leads to complications later on which have to be corrected by tightening the money supply.
Markets suffer from their own inefficiencies.
Companies plan massive layoffs as Obamacare takes effect
Re: Companies plan massive layoffs as Obamacare takes effect
by The Dharma Bum » Thu Nov 15, 2012 5:06 pm
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Re: Companies plan massive layoffs as Obamacare takes effect
by Ben Huh » Fri Nov 16, 2012 12:28 am
..."if the only thing keeping a person decent is the expectation of a divine reward, then brother, that person is a piece of shit."
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Re: Companies plan massive layoffs as Obamacare takes effect
by PoS » Fri Nov 16, 2012 12:29 am
How about debt - asset ratio? I think thats a better indicator as to whether someone is rich or not.
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Re: Companies plan massive layoffs as Obamacare takes effect
by Hyperion » Fri Nov 16, 2012 8:45 am
So which is healthier?
A market full of businesses where a select few managers and stockholders hold 80% of the wealth regardless of how the companies perform.
A market full of businesses where the workers hold 80% of the wealth regardless of how the companies perform.
Seeing as how recessions occur when demand plummets, I think we know.
A market full of businesses where a select few managers and stockholders hold 80% of the wealth regardless of how the companies perform.
A market full of businesses where the workers hold 80% of the wealth regardless of how the companies perform.
Seeing as how recessions occur when demand plummets, I think we know.
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