RunRyder RC
WATCH
 2 pages [ <<    <    ( 1 )     2     NEXT    >> ] 1078 views POST REPLY
HomeOff Topics News & Politics › Corporate Profits Hit Record High
12-03-2012 05:15 PM  5 years agoPost 1
Phaedrus

rrKey Veteran

S. Orange County, California

My Posts: All  Forum  Topic

While wages hit records lows. So, can anyone explain why the "job creators" are not creating jobs?? Business is making more money than ever before! What are they doing with those profits? Certainly not expanding their business or hiring new people, at least not in the USA.

http://thinkprogress.org/economy/20...s-wages-record/

AMA Leader Member
Go FASST, or Go Home!!
Team Futaba

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 05:56 PM  5 years agoPost 2
adamsz06

rrVeteran

Geilenkirchen Germany

My Posts: All  Forum  Topic

Why create more overhead? The financial crisis forced businesses to downsize and extract more productivity from their existing workers under the threat of keeping their jobs. This seems to have become the new normal as the economy has recovered somewhat but the jobs never returned...businesses figured out how to do more with less. Seems like a massive global implementation of LEAN principles lol.

R.I.P. Roman

PM  EMAIL  Attn:RR  Quote
12-03-2012 06:03 PM  5 years agoPost 3
dilberteinstein

rrNovice

texas - USA

My Posts: All  Forum  Topic

A good reason is the corporate greed as shown by the elite leftists hypocrites in this country. Here's a prime example:
Costco gives shareholders a special gift

Costco will pay a $7 a share special dividend before year end as it looks to return cash to shareholders in advance of what is expected to be a 2013 tax increase on dividend payments.

The total payout will amount to about $3 billion and is extraordinarily generous. Especially considering Costco’s net cash provided by operating activities for its fiscal year ended September 2, was only slightly more than $3 billion and cash, cash equivalents and short term investments totaled $4.854 billion.

The payout also is somewhat ironic considering Costco founder and board member Jim Sinegal was an ardent supporter of President Barack Obama’s re-election and the view that millionaires and billionaires can afford to pay more in taxes to help the nation avoid going over the fiscal cliff. Now, Costco is helping shareholders who meet the administration’s definition of wealth avoid paying the increased taxes Sinegal indicated were fair during the election by rushing to pay a special dividend before a rates increase kicks in. Costco currently offers a relatively modest dividend yield with a $1.03 annual payout and a share price hovering around $100.

http://www.retailingtoday.com/artic...rs-special-gift
Jim Sinegal stands to avoid $ millions in taxes (that he can afford to pay) by paying at the end of the year.

90% of life is "showing up"

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 06:05 PM  5 years agoPost 4
GREYEAGLE

rrElite Veteran

Flat Land's

My Posts: All  Forum  Topic

This is not a typical Kensian model : Time's are Different ! -

Remember the banter about electronic monetary exchange ?? or Value ??

or to be a bit simpler : to boil it down
why the Chinese where purchasing case Lot's of the latest release of the I Phone? and paying CASH ??? in roll's of Benjamen's.

It is directly related to the monetary currency exchange and the dollar
manipulation : Yen for Yang sort to speak - the realization into cash--

Cash or Monetary that physically is not their but in a electronic decimal point.

Interesting to see what "NOW " they do with it -----like for the last 6 year's.

greyeagle

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 06:11 PM  5 years agoPost 5
koppter

rrApprentice

Virginia

My Posts: All  Forum  Topic

nnn

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 06:14 PM  5 years agoPost 6
adamsz06

rrVeteran

Geilenkirchen Germany

My Posts: All  Forum  Topic

"So to speak"...lol

R.I.P. Roman

PM  EMAIL  Attn:RR  Quote
12-03-2012 06:15 PM  5 years agoPost 7
R Hudson

rrKey Veteran

Denver, CO

My Posts: All  Forum  Topic

It seems to be the new normal. A marketing company that I worked for until recently and many people I have worked with at Fortune 100 companies share the same thoughts (off the record of course) that this appears to be the new model for business.

Signature

PM  EMAIL  Attn:RR  Quote
12-03-2012 06:18 PM  5 years agoPost 8
irocu88

rrApprentice

norfolk,va

My Posts: All  Forum  Topic

A CEO's responsibility is to the shareholders, not to the public to create more jobs, but to eliminate them.
Kinda funny to me...but none of you on the left would have said that before the election concerning bain and romney......

Amazing.....

Caliber 90 FT os91 c-spec
Caliber 50, OS50 hyper
Caliber 30 OS37

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 06:19 PM  5 years agoPost 9
ssmith512

rrKey Veteran

Indianapolis, IN USA

My Posts: All  Forum  Topic

So, can anyone explain why the "job creators" are not creating jobs??
As a "job creator" the answers are obvious.

#1 - Implementation of Obamacare. Cost's me a TON of money to hire a new employee and provide them with the new rules of Obamacare. I can not pass that cost on to the "consumer" very easily. It comes right out of my pocket. I am no different than anyone else, I like my money that I earn to be left in my pocket.

#2 - Absolute uncertainty from Congress on taxes. If my taxes go up, I will need cash in order to pay them. I have been hording cash as preparation. This includes all taxes (income, corporate, capital gains, etc.).

#3 - Complete uncertainty in the marketplace. If I hire now, and the economy tanks, then I am on the hook for all those that I will have to layoff through the unemployment tax. Yep, the more I layoff, the more my unemployment tax rate goes up. And I also have to pay unemployment tax on each new hire. It adds up quick.

#4 - Uncertainty with costs of goods. In the old days, one could somewhat accurately anticipate cost of goods increase. Cant now. Awful hard to plan next year when we have NO IDEA what it will cost to actually run the business.

#5 - Quite frankly, the new normal American Worker is a lazy, low productivity version of its formal self. In the "old" days, '50 and 60's, people actually "worked". They did their job with pride, for the company, and worked liked their lives depended on it. Now they do as little as possible, surf the internet as much as possible on company time and fully expect ridiculously high wages and thousands upon thousands of dollars worth of benefits. They take from the company as much as possible because they feel they have "earned it". I realize not everyone is like that (especially most of my current employees), but they are out there, and in greater numbers than ever before. So as I hire, my costs go up and business productivity goes down. Not a good business model.

Lots more to this, but it ALL has been hashed out before fairly recently. And it is not necessarily businesses learning to do more with less, there is actually less to do.

Steve

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 06:20 PM  5 years agoPost 10
adamsz06

rrVeteran

Geilenkirchen Germany

My Posts: All  Forum  Topic

Kopter, I understand your point, but at the same time a corporation's most valuable and expensive asset is it's people. How long can you ride your workforce into the ground before you break their backs? What about moral? Or the company's reputation? Even in tough times you have to recruit quality people...

R.I.P. Roman

PM  EMAIL  Attn:RR  Quote
12-03-2012 06:29 PM  5 years agoPost 11
GREYEAGLE

rrElite Veteran

Flat Land's

My Posts: All  Forum  Topic

Well - KOPPTER :"Keynesian" - Was NOt in My Spell Chek
BUtt yOU figured it Out

Using the word : Kensian - But it depends on the Nationality

Right : COppter??? " sp." smmooooooch !

One thing { THEY } Have assumed - will actually crush them :

The Culture DOES NOT Have it : The Rice WIll BE FLying

greyeagle

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 06:37 PM  5 years agoPost 12
spaceman spiff

rrKey Veteran

Tucson

My Posts: All  Forum  Topic

+1 ssmith.

In addition, almost 7% of our economy is fake. Borrowed money. Even an average guy like me is not fooled. Dear Leader has a tiger by the tail.

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 06:57 PM  5 years agoPost 13
GREYEAGLE

rrElite Veteran

Flat Land's

My Posts: All  Forum  Topic

Asolutley the Most Politest thing heard in a week!

That is just kind and gracious:

Dear Leader has a tiger by the tail.

Sad part he has no place to run

greyeagle

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 08:34 PM  5 years agoPost 14
koppter

rrApprentice

Virginia

My Posts: All  Forum  Topic

nnn

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 08:39 PM  5 years agoPost 15
InvertedDude

rrVeteran

USA

My Posts: All  Forum  Topic

Corporate Business Model
This is preciously the reason you should form your own business. People are no longer valuable commodity to corporations. There is no loyalty and bottom line profit is the business model at whatever cost to the people or country.

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 09:30 PM  5 years agoPost 16
irocu88

rrApprentice

norfolk,va

My Posts: All  Forum  Topic

but earned a four year degree in business in the 80s.
I would ask for a refund......

Caliber 90 FT os91 c-spec
Caliber 50, OS50 hyper
Caliber 30 OS37

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 09:52 PM  5 years agoPost 17
dilberteinstein

rrNovice

texas - USA

My Posts: All  Forum  Topic

irocu88
I would ask for a refund......
***POST OF THE DAY***

90% of life is "showing up"

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 10:02 PM  5 years agoPost 18
InvertedDude

rrVeteran

USA

My Posts: All  Forum  Topic

koppter
the keynsian model suggests that an economic balance will be achieved by competing needs of labor versus management.
Seriously? I don't blame you for your thinking, it just you have proven that Liberals wreck everything.

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 10:09 PM  5 years agoPost 19
dilberteinstein

rrNovice

texas - USA

My Posts: All  Forum  Topic

InvertedDude
Seriously? I don't blame you for your thinking, it just you have proven that Liberals wreck everything.

90% of life is "showing up"

PM  EMAIL  GALLERY  Attn:RR  Quote
12-03-2012 10:39 PM  5 years agoPost 20
johnmemphis

rrNovice

memphis,tn

My Posts: All  Forum  Topic

Hostess ?
Solyndra ?
BP ?
A123 ?
Solar Trust of America ?
LSP Energy
Beacon Power
Evergreen Solar

How much did these corp. make

PM  EMAIL  Attn:RR  Quote
WATCH
 2 pages [ <<    <    ( 1 )     2     NEXT    >> ] 1078 views POST REPLY
HomeOff Topics News & Politics › Corporate Profits Hit Record High
 Print TOPIC  Make Suggestion 

 7  Topic Subscribe

Friday, September 21 - 8:58 pm - Copyright © 2000-2018 RunRyder   EMAILEnable Cookies

The RC discussion world needs to consolidate. RR is now one choice for that. Its software is cutting edge. It hosts on-topic advertising. Help RR increase traffic buy making suggestions, posting in RR's new areas (sites) and by spreading the word.

The RunRyder Difference

• Category system to allow Rep/Vendor postings.
• Classifieds with sold (hidden) category.
• Classifieds with separate view new.
• Answer PMs offsite via email reply.
• Member gallery photos with advanced scripting.
• Gallery photo viewer integrated into postings.
• Highly refined search with advanced back end.
• Hosts its own high end fast response servers.
• Hosts thousands of HD event coverage videos.
• Rewrote entire code base with latest technology.
• No off-topic (annoying) click bait advertising.
Login Here
 New Subscriptions 
 Buddies Online