I came across this is little story today, it's not breaking news. I suspect that a member of the housekeeping staff knows something about the bomb threat that required the sweep for weapons.
According to police in Secaucus, the bomb threat — which later was determined to be bogus — was called in to Hudson Regional Hospital on July 18. During a search, bomb detection dogs led investigators to an unlocked office closet containing dozens of firearms.
Among the weapons were 11 handguns and 27 rifles or shotguns, according to police. The closet also contained a .45 caliber semi-automatic rifle with a high-capacity magazine that was determined to be an assault rifle, and a 14-round high-capacity handgun magazine.
The arrested the guy the next day.
What the heck do you think this guy was doing? It sounds very ominous that he was keeping those weapons there.
You say those "doing well" could "kick in more". But, it seems you don't really know what doing well means, or what kicking in more would be. You want to rely on "congressional research" to figure it all out.
I agree that companies should use profits to improve things for workers and the communites they are located in. Many do.
Really, the difference between you and I is that you believe those things should be legislated and companies should be forced to do those things.
Doing Well= Rich
Kick in More= Giving back to communities. Giving more to the poor. Lowering prices while we’re inflated. Having talks to universally increase the minimum wage
5 hours ago, nursej22 said:
Yes, corporations benefit from services that my taxes provide, so I think they should help pay for them. Take Amazon, for example. They did a great deal of building in Seattle, displaced affordable housing, pushed up housing costs due to demand for workers, and worsened traffic. Or oil companies. As they produce their products, they create pollution, and as their products are used, even more pollution. When oil trains derail, entire communities can be incinerated, oil spills kill wildlife and impact fishing. If these corporations are doing so well, I don't think we need so beg for alms to mitigate the damage they do.
Not to mention their prices have increased.. I hope people are paying attention
These are interesting times. Corporations are experiencing some of the highest levels of profit margins in 70 years in some cases.
One the one hand, say I make widgets and have 1,000 to sell and 5,000 people really want them and are willing to pay more to get them, I'm going to make a huge profit. I could keep the price low and just go "first come, first serve" but that's not how a good business would operate. A good business would maximize that profit if there is a demand. What they do with that profit is their business.
What follows might be that I need to increase widget production to meet the demand, but I don't have enough workers and those I have want more pay and wages go up, inflation has hit my business as well and costs are going up so now I have to keep prices high.
It's a complicated situation. There doesn't seem to be a consensus among experts. I can't say I would agree with "taking away profits" but I also say I necessarily feel the need to do them any favors and tax cuts for certain income brackets should be rescinded but we've been down that rabbit hole.
Does anyone know what Elon Musk meant by “extremely hardcore” when he gave him employees the ultimatum to commit to this or get out.
This apparently is true to his style of management and he thinks it's motivating. I'm not sure how it will fly with today's generation of work-balance-what-can-you-do-for-me-I'll-just-quit generation. But apparently in the industry jobs are hard to come by and they might have to put up with it since they might need their job.
Probably. However, other news employee's have done much worse and caused million dollar law suites and were not fired. But yeah, no conspiracy theory involved, just a thought.
Millions of people do awful things without receiving no consequences. Why just pick on reporters? Unfortunately, it is just how history happens.
Kick in More= Giving back to communities. Giving more to the poor. Lowering prices while we’re inflated. Having talks to universally increase the minimum wage
Not to mention their prices have increased.. I hope people are paying attention
We have a restaurant in town that has kept their prices increases lower than others because the owner doesn't want to be remembered as a gouger. If she can still run a business, I'm sure that the oil companies can do the same...or even Pfizer for that matter. We should think what taxes are fair for us in relationship to what the corporate tax rate is. We are the losers.
The federal government paid for COVID vaccines, at least up to now. When available, private insurance was billed.
Yes, the govt paid for the vaccine itself.
Amazon paid employees to get the vaccine. And employees who got it were also entered to win prizes, such as vacation packages, cars, and cash.
And, instead of simply having employees show proof of having received it, Amazon sponsored vaccine clinics. They had the vaccine brought on site, paid a contractor to run the clinics, and gave employees time off of their job to get it.
And, hopefully you saw the other links I provided about many other things Amazon does for employees and the communities they are in. So, you didn't answer my question...what else do you thing they should be doing?
11 hours ago, nursej22 said:
What was Amazon’s profit margin last year? You know, when inflation shot up?
By quarter last year, rounded up: 8%, 7%, 3%, 11%
This year, they were in the negative the first two quarters, and a profit margin of 2.26% in the 3rd.
You using Amazon as your number 1 example of a company who is price gouging to rake in record profits while badly treating their employees and communities shows how brainwashed you've been by the elected Democrats you support.
These are interesting times. Corporations are experiencing some of the highest levels of profit margins in 70 years in some cases.
One the one hand, say I make widgets and have 1,000 to sell and 5,000 people really want them and are willing to pay more to get them, I'm going to make a huge profit. I could keep the price low and just go "first come, first serve" but that's not how a good business would operate. A good business would maximize that profit if there is a demand. What they do with that profit is their business.
What follows might be that I need to increase widget production to meet the demand, but I don't have enough workers and those I have want more pay and wages go up, inflation has hit my business as well and costs are going up so now I have to keep prices high.
It's a complicated situation. There doesn't seem to be a consensus among experts. I can't say I would agree with "taking away profits" but I also say I necessarily feel the need to do them any favors and tax cuts for certain income brackets should be rescinded but we've been down that rabbit hole.
We have a restaurant in town that has kept their prices increases lower than others because the owner doesn't want to be remembered as a gouger. If she can still run a business, I'm sure that the oil companies can do the same...or even Pfizer for that matter. We should think what taxes are fair for us in relationship to what the corporate tax rate is. We are the losers.
I hope that marketing strategy works. She might offset the high cost of inflation to her business through increased volume?
I think for the longest time most businesses sucked up inflation to try to stay competitive and keep their customers. As it's lingered on and the labor market tightened up, and the cost of business and hiring employees went up businesses had no choice but to raise prices. This isn't price gouging.
I know there was some buzz from corporations about the tax provisions the Inflation Reduction Act (yeah I know it has more to do with spending and climate change). Goldman Sachs recently stated the fallout would be minimum.
You using Amazon as your number 1 example of a company who is price gouging to rake in record profits while badly treating their employees and communities shows how brainwashed you've been by the elected Democrats you support.
I think this conversation started with "Yes, corporations benefit from services that my taxes provide, so I think they should help pay for them. Take Amazon, for example. They did a great deal of building in Seattle, displaced affordable housing, pushed up housing costs due to demand for workers, and worsened traffic." which really doesn't mention it as the number one example of a company that is price gouging. Price gouging isn't mentioned.
I live in Florida where we don't elect Democrats so I'm not sure which Democrats are brainwashing people.
There was a lawsuit that alleged Amazon of price gouging during the covid lockdown.
They are also currently being sued for keeping prices "artificially high".
Popularity breeds contempt and rumors fly. Walmart has long been demonized unfairly and I think Amazon sometimes is too. But I've always said left to their own devices big business will take advantage.
Amazon has a huge facility near me and is a huge employer here in Florida paying well above minimum wage. They are not immune to inflation. For the things I like to buy like books and music I haven't seen the prices go up too much, except for cookbooks which have really gone up so I get recipes online and have curtailed my cookbook collection.
The bottom line is inflation is a huge issue for a lot of people, including voters. Fair or not Republicans say Democrat policies aren't doing a thing to help with inflation. Fair or not Democrats are also pointing the finger at high corporate profits. People and voters look at the surface and don't take a deep dive. It stings to read about high corporate profits while we're paying high prices for just about everything.
nursej22, MSN, RN
4,870 Posts
The federal government paid for COVID vaccines, at least up to now. When available, private insurance was billed.
What was Amazon’s profit margin last year? You know, when inflation shot up?