10-10-2018, 07:32 AM | #61 | ||
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Really good find. Thanks. Quote:
Still one step ahead. Yeah, he's crazy like a fox. Last edited by fjtorres; 10-10-2018 at 07:34 AM. |
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10-10-2018, 06:03 PM | #62 |
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Not to worry my friends. Not too much maybe...
I should have known never to doubt a multi-multi Billionaire. All will be well and there will be a chicken in every pot. I feel warm already.
Amazon reasures Bernie! |
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10-10-2018, 08:08 PM | #63 | |
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For 2018. Let's see how the numbers look when the stock hits $2500. Or when income tax rates go up again. |
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10-11-2018, 04:27 AM | #64 | |
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Amazon has some interesting issues. In project management, there is an old saying - "Cheap, fast, good - chose two of the three". My observation is that saying is a bit optimistic, frequently you end up with one. Amazon is built on the idea that one can get all three, cheap quality good that are delivered fast. More specifically, prime customers have come to expect fast free delivery. The question is can Amazon continue to deliver, so to speak. |
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10-11-2018, 05:42 AM | #65 | |
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Amazon is raising some workers’ pay further after controversy |
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10-11-2018, 05:51 AM | #66 | |
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That is how you stick it to the politician. |
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10-11-2018, 07:50 AM | #67 | ||
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http://www.latimes.com/business/la-f...004-story.html Quote:
The real driver is 4% unemployment, not political pressure. But letting the politicians take credit was really useful. Last edited by fjtorres; 10-11-2018 at 08:15 AM. |
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10-11-2018, 09:38 PM | #68 |
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More on Amazons $15/hr move.
The Unforseen Problems with $15 per hour
The Analysis goes on and on. I can hear the discussions in the business schools now, and of course the politicians will have their say. Still it is a good discussion to have. |
10-12-2018, 09:58 AM | #69 | |
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It is a long-running debate going back decades. And the consequences are well documented. https://www.nytimes.com/2017/06/26/b...imum-wage.html https://pjmedia.com/trending/2016/02...s-into-effect/ (Note that the Seattle increase was local so a lot of business just moved jobs outside the city. Not an option under a federal hike.) The biggest part of the problem is they keep forgetting the "minimum" part of minimum wage. And that living costs are different across the country. Forcing every business in every town to pay San Francisco wages will kill entire businesses elsewhere, like bookstores. Since book prices are printed on the cover bookstores don't have the option to raise prices. Not every community has big tech companies pouring cash into their economies. Some have to get by with farming, manufacturing, and service industries. Other businesses have similar problems because price elasticity means higher prices lead to lower traffic. Sit-down family restaurants are fragile enough that even slight economic downturns kill them by the dozen. Blind one size fits all advocacy is a surefire mess in the making. Last edited by fjtorres; 10-12-2018 at 10:07 AM. |
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10-19-2018, 11:35 AM | #70 | |
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Ebay is now suing Amazon for poaching third party sellers.
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https://www.nationaljeweler.com/majo...zon-in-lawsuit Apache |
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10-19-2018, 02:52 PM | #71 | |
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The technical term is rent seeking, i.e. using the power of government to put you in a more advantageous situation. |
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10-19-2018, 05:48 PM | #72 | |
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Amazon's reaction is to the pressure from politicians in the press, not Amazon pressuring the press to make them look bad. So who is lobbying? Amazon or the press? |
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10-19-2018, 06:34 PM | #73 | |
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10-19-2018, 08:13 PM | #74 |
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This is an unusual kind of lobbying because they would lose the advantage of paying higher wages than competitors. The advantage is that you can be much fussier, in hiring productive workers, when you pay more.
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10-23-2018, 03:44 PM | #75 |
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More, and more, and then some... more.
Amazon Just Caught a Key Problem in Its Plan to Pay Workers $15 an Hour. (Here's What the Company Says It's Doing Instead
A plan within a plan? Why is it always "Next, the fine Print..." "Now we lift the hood..." "Is something going on, is something planned." It is like the "Never ending story..." (Die unendliche Geschichte) |
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