Ya know, I generally don't answer sheep because it's pointless. But this time, for you, I will. http://blogs.wsj.com/washwire/2008/08/19/obama-touts-single-payer-system/
http://www.france24.com/en/20121010-fedex-cut-thousands-workforce Fedex to cut thousands from workforce AFP - Fedex, the global delivery company, said Wednesday it was planning to cut "several thousand" people from its workforce via a voluntary departure program beginning early next year. Company chairman Fred Smith said at an investment conference in Memphis, Tennessee, that the cuts would come in the company's Fedex Express global express delivery service, and in the US unit, Fedex Services. The cuts are part of a plan to boost profits by $1.7 billion by 2016, mainly through intensified cost reductions.
In the case of fedex, I'd guess not, but I'm no expert on fedex. However, there are businesses that cannot afford to cut staff - doing so would reduce revenue more than it would reduce expenses. If you need me to conjure up an example I will, but I think you probably get the point. barfo
Right. Like solyndra. They make a solar panel for $2 and sold it for $1 and the way to make up for that was to do it in volume.
OK I stand corrected on the single payer quote. I for one AM GLAD he is a proponent of Single Payer. It's working well all over the world. Might as well work here too.
I'm so sick of hearing about Solyndra... If you voted for Bush, you can really just pipe down. http://www.politifact.com/truth-o-m...fe/solyndra-loan-george-w-bush-david-plouffe/ Can you please keep quiet about it now??
The loan guarantee was finalized in September 2009, eight months after Bush left office. And: http://abcnews.go.com/Blotter/email...loan-connected/story?id=14508865#.UHuKe2l24iV Can you accept the truth now? (I didn't vote for bush)
It was still fast tracked by Bush but you won't own up to that either. Also, you guys hammer on solyndra but we consistently give billion dollar oil companies subsidies to the tune of 4.8 Bil per year. All this and they make record profits. Sooo Which corporate welfare are you for or against?
Bush administration did not approve the loan. September of 09 is still eight months of time Obama had to review the loan details and viability of the company. ABC News reported Obama administration pushed really hard for Solyndra loans. "Obama's DOE has said it backed Solyndra as a potential game changer in the clean tech movement, but the company's collapse came after clear warning signs the venture was a high risk from the start." And "Even after Obama took office on Jan. 20, 2009, analysts in the Energy Department and in the Office of Management and Budget were repeatedly questioning the wisdom of the loan. In one exchange, an Energy official wrote of "a major outstanding issue" -- namely, that Solyndra's numbers showed it would run out of cash in September 2011." And in economics that even barfo understands: "Peter Lynch, a New York-based solar energy analyst, told ABC News it took only a cursory glance through Solyndra's prospectus to see there was a problem with their numbers. "It's very difficult to perceive a company with a model that says, well, I can build something for six dollars and sell it for three dollars," Lynch said. "Those numbers don't generally work. You don't want to lose three dollars for every unit you make."
the first iphone cost millions to produce, and only sold for a couple hundred bucks what a horrible business model
Until you capitalize the R&D and amortize it over the life of the product line, after which point the iPhone was profitable from the get-go.
You create more strawmen than any poster I've seen. And then you think you're winning a debate by knocking them down. But continue on if it makes you feel nice.
