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Roger Roger is offline
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First recorded activity by BoatBanter: Aug 2014
Posts: 156
Default Did you hear about the knife/gun fight?



F*O*A*D wrote:


On 9/29/14 8:25 PM, amdx wrote:

* Let's start with, I don't want all corporation to go offshore.
And, yes if they could cut 15% off their cost of doing business,
prices would generally drift down.


I think those cuts in cost would simply slip over to the profit column, and prices would remain the same.


Prices are dictated by supply and demand - profits have nothing to do with it.* Economics 101.* Businesses can choose to use those profits in many ways - some that can benefit their employees.* ESOPs and stock options, for example.* Home Depot made a lot of blue-collar workers a lot of money in its infancy with this method.