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Why Sky-High Profits Are Here to Stay

By tovarichpeter   Follow   Tue, 10 Jul 2012, 5:38pm   432 views   3 comments
In South San Francisco CA 94080   Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://www.theatlantic.com/business/archive/2012/07/the-post-employee-economy-why-sky-high-profits-are-here-to-stay/259564/

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1. zzyzzx Follow Befriend (9) 436 threads 4,261 comments Baltimore, MD

   1   6:19pm Tue 10 Jul 2012   Share   Quote   Permalink   Like   Dislike (1)   As long as you can buy cheap stuff made in China and sell it in the US at made in USA prices, your profits should be sky high, No robots are even necessary as per the article. Nothing new about ATM's or self checkout of not using travel agents. The whole part abut guaranteeing people a minimum standard of living is Communist crap. There is plenty of work out there for anyone willing to do a job that a Mexican will do.

2. CaptainShuddup Follow Befriend (1) 303 threads 5,301 comments

   2   8:17pm Tue 10 Jul 2012   Share   Quote   Permalink   Like   Dislike (1)   What goes up, MUST come down. It's the "Something's gotta give" clause.

3. New Renter Follow Befriend (3) 14 threads 2,451 comments San Jose, CA Premium

   3   9:51pm Tue 10 Jul 2012   Share   Quote   Permalink   Like   Dislike   CaptainShuddup says What goes up, MUST come down. It's the "Something's gotta give" clause. I think competition is the traditional mechanism.