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It's time for Capitalism's leaders to really lead. They will keep over 90% of their net!

It's time for Capitalism's leaders to really lead. They will keep over 90% of their net! | A SURE-FIRE WAY FOR "CAPITALISTS," TO END HIGH INFLATION AND AVOID A RECESSION. ALL COMPANIES THAT MET OR EXCEEDED THEIR PROFIT GOALS SHOULD CUT PRICES BY 8.7% OF THEIR NET. THEY CAN'T BUY THE GOODWILL THEY WILL RECEIVE FROM REDUCING THE SUFFERING OF THEIR CUSTOMERS. | image tagged in memes,money money | made w/ Imgflip meme maker
224 views 2 upvotes Made by LarryCaird 2 years ago in politics
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17 Comments
1 up, 2y
Did any of you geniuses stay awake in an economics or marketing class? My proposal is a marketing idea that puts the power to act in the hands of CEOs. It is pro-capitalism. In classic capitalism companies lower prices to compete for dwindling dollars during times of recession. Since some economists are predicting a recession as a reaction to the Fed increasing interest rates, I'm saying good old capitalism could get ahead of the curve and save us all some suffering in the process. The feedback I am getting is like the blowback Ross Perot got when he told the GM Board of Directors to act like they were involved in a money-making business. He quit their Board and dumped his GM stock.
[deleted]
2 ups, 2y,
3 replies
That’s about the dumbest thing you have ever posted, and that is really saying a lot. Damn, boy
1 up, 2y,
1 reply
old lady at computer | I didn’t save for decades to invest in Woke ideas that fail to give me a return on my savings | image tagged in old lady at computer | made w/ Imgflip meme maker
1 up, 2y,
1 reply
I guess you must prefer to see inflation and a recession wipe out your savings. I'm not "Woke." But you need to wake up and smell the coffee.
0 ups, 2y
These Woke companies are wiping out investors savings when they lose money. Inflation is a thing the liberals gave us & will continue to give us as we spend borrowed money for years in the future to fund the legislation passed the last 1.5 years.
1 up, 2y,
1 reply
In January 1914, Henry Ford started paying his auto workers a remarkable $5 a day. Doubling the average wage helped ensure a stable workforce and likely boosted sales since the workers could now afford to buy the cars they were making. It laid the foundation for an economy driven by consumer demand.

My suggestion was inspired by this act of leadership on Henry Ford's part. One of my professors said that it helped establish the "middle class." When Ford was asked why he did such a "dumb thing," he said something to the effect that "Ford employees ought to make enough money to be able to buy Fords." I also was taught that impressions and expectations contribute to recessions." Creating the impression that the people who really run the economy, not people who make government policy, are doing something about inflation, would help avert a recession. Of course, I'm just a big old dummy, like you said. Imagine expecting leaders to lead!
0 ups, 2y
I want to work at a Bugatti plant!
1 up, 2y,
1 reply
They will never learn that it is always the lower and middle-income classes that get hurt from stupid government policy-making...
[deleted]
1 up, 2y
I wonder if he thinks his dad should sell the family home for the exact same amount he paid for it back in the ‘50’s. After all, profit is a bad thing to him.
1 up, 2y,
1 reply
2 ups, 2y,
1 reply
You're on a rampage. Have you been out, drinking with Shannon Brandt?
1 up, 2y,
1 reply
So you won't acknowledge Biden has a huge part of the responsibility for today's historic rampant inflation... got it
1 up, 2y,
2 replies
Why? He didn't shrink the economy by mishandling the Covid-19 pandemic. He also, did not send gas prices through the roof by starting a war in Ukraine. I guess if I had Trump magic mental powers, I could close my eyes and wish things to be true. But economists don't back up your conclusions.

"Today’s high rate of inflation was caused, in part, by factors related to the coronavirus pandemic. The consumer price index rose just 2.3% from 2018 to 2019 – near the Federal Reserve’s target inflation rate of 2%. But as the economy began to recover from the effects of the pandemic and following various governmental efforts to stimulate the economy during the pandemic, the annual CPI hit 8.5% in March." US News April 26,2022

When gas prices jumped at the same time, we got where we are today. I know you hate facts. But we are stuck with them.
[deleted]
1 up, 2y,
1 reply
Blah, blah, bullshit, blah, blah
1 up, 2y,
1 reply
I see your fact allergy is kicking in.
[deleted]
0 ups, 2y
You can’t see anything with all the bullshit you are spewing
0 ups, 2y
So you won't acknowledge Biden has a huge part of the responsibility for today's historic rampant inflation... got it... again...
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A SURE-FIRE WAY FOR "CAPITALISTS," TO END HIGH INFLATION AND AVOID A RECESSION. ALL COMPANIES THAT MET OR EXCEEDED THEIR PROFIT GOALS SHOULD CUT PRICES BY 8.7% OF THEIR NET. THEY CAN'T BUY THE GOODWILL THEY WILL RECEIVE FROM REDUCING THE SUFFERING OF THEIR CUSTOMERS.