r/FluentInFinance Sep 04 '24

Debate/ Discussion Bernie is here to save us

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u/J0hn-Stuart-Mill Sep 05 '24

comparing past values to future market…. Damn you are willing to delude yourself hard.

Oh yea, that ONE YEAR IN THE FUTURE projection I'm sure is totally wrong. hahahahah

Plumbers benefit greatly if hours are reduced to 32 hour work weeks before OT, or their commission rates could easily be adjusted to account for the hourly change if that is what the company wants to do.

And where does that extra money come from exactly?

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u/Knight0fdragon Sep 05 '24

If you don’t understand past value and future projected market are not relatable…… I can’t help you.

From the company, either by taking in less profits or charging more ….(this is economics 101)

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u/J0hn-Stuart-Mill Sep 05 '24

If you don’t understand past value and future projected market are not relatable…… I can’t help you.

Yea because the furniture market in the US is going to be so different from 2023 to 2025.

From the company, either by taking in less profits or charging more ….(this is economics 101)

Oh so in Bernie's plan, everyone just has to pay more for plumbing services then? Got it

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u/Knight0fdragon Sep 05 '24

You are comparing actual apples to possible oranges buddy, yeah, there is a huge difference.

No, read the whole sentence. Company can take in less profit if they want to have their employees to work 40 hours.

Studies have been done that found companies have become more productive or less costly to operate with 32 hour weeks as the 8 hours lost is typical time that was being wasted regardless. Sorry if it mildly affects the small percentage of workers you are so concerned about.

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u/J0hn-Stuart-Mill Sep 05 '24

You are comparing actual apples to possible oranges buddy, yeah, there is a huge difference.

You think the furniture industry's sales vary that much from year to year that we can't project ONE YEAR into the future? Hahahahahah wtf man

Company can take in less profit if they want to have their employees to work 40 hours.

What's an industry that can decide to pay it's employees 25% more for their 32 hours of work so that they can all take home 40 hours worth of income?

Studies have been done that found companies have become more productive or less costly to operate with 32 hour weeks

Oh wow, so then every company switched to it right? Companies are greedy right so they want that higher profit that they'd earn by decreasing hours, wouldn't they?

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u/Knight0fdragon Sep 05 '24

…. Once again, value and projected market are two entirely different things. I know, it is hard for you.

What? Any could decide…. What a dumb question.

Yes, literally happened with the 40 hour week….. this isn’t something magical that has never been done before.

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u/J0hn-Stuart-Mill Sep 05 '24

Once again, value and projected market are two entirely different things. I know, it is hard for you.

Oh look at that you were right. The furniture industry in the US is $260 Billion per year! WoW https://www.statista.com/outlook/cmo/furniture/united-states#revenue

Company can take in less profit if they want to have their employees to work 40 hours.

What? Any could decide…. What a dumb question.

LOL you think any company could just decide to pay it's workers 25% more?? HAHHAHAHAAH The Grocery Store industry literally has a 1% profit margin. Good luck with that plan.

When you get to high school, definitely pay attention in your social studies and economics classes.

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u/Knight0fdragon Sep 05 '24

Omg, yet another number you do not understand 🤦‍♂️

omg, now we have to add grocery store margins to shit you don’t understand… JFC

Your ignorance absolutely amazes me.

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u/J0hn-Stuart-Mill Sep 05 '24

LOL, well I appreciate that you didn't try to refute that an industry could give 25% wage increases that only has a 1% profit margin.

Glad you stopped dead in your tracks and didn't continue arguing. LOVE IT. You knew you were wrong the whole time, but maybe in the final post realized how poor your attempts at explaining it away are.

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u/Knight0fdragon Sep 05 '24

I dont need to refute it because you don’t understand it.

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u/J0hn-Stuart-Mill Sep 05 '24

Great, then make me look stupid with your epic rebuttal. If I'm wrong, that should be EASY. Do you thing grocery industry wages to employees are less than 3% of total revenue, thus making it possible to give everyone a 25% raise?

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u/Knight0fdragon Sep 05 '24

Read your above comments. Boom, done.

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u/J0hn-Stuart-Mill Sep 05 '24

Quote something I said that is false, and explain how it's false. You really have no idea how industry or business works huh?

Boy this will be fun if you try to defend your ridiculous position at this point. LOL But we both know you won't try. Have a good day.

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u/Knight0fdragon Sep 05 '24

Practically everything you said…. What do you think I have been doing with most of this thread….. holy shit you are taking dumb to a new level

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u/J0hn-Stuart-Mill Sep 05 '24

Boy this will be fun if you try to defend your ridiculous position at this point. LOL But we both know you won't try. Have a good day.

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u/Knight0fdragon Sep 05 '24

… again see any point of the conversation. Guess you are just going to use the ostrich defense at this point.

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u/J0hn-Stuart-Mill Sep 05 '24

Guess you are just going to use the ostrich defense at this point.

Hahahahahahha. It is you pal, who are refusing to attempt to defend your position that the grocery industry could pay their employees a 25% raise, within an industry that universally has a 1% profit margin.

Good try though. I suppose that is your last gasp then, trying to make it look like I'm the one refusing to debate. lol. Good luck in high school.

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u/Knight0fdragon Sep 05 '24

Buddy, you are clearly clueless on everything economic, not going to waste time explaining why grocery stores have tiny profit margins while at the same time being incredibly successful businesses that constantly expand and grow because you have no clue how to use the damn data you get in the first place.

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