Falling prices.....yay!

[Kirkland Laing]

Graph: Effective Federal Funds Rate - FRED - St. Louis Fed

Fucking FRED. Go here and run the slider back to 1980.

[El Kabong]

Good thing Carter got re-elected right?

[Kirkland Laing]

Good thing Carter got re-elected right?

Answer my question and I'll tell you. How do businesses "start doing well" ? What do you mean by that?

[El Kabong]

Good thing Carter got re-elected right?

Answer my question and I'll tell you. How do businesses "start doing well" ? What do you mean by that?

You sure you don't want to define your terms before that?

[El Kabong]

You're right, Vox IS one awesome site

Study: Feminist Ryan Gosling meme makes men more feminist - Vox

[Kirkland Laing]

Good thing Carter got re-elected right?

Answer my question and I'll tell you. How do businesses "start doing well" ? What do you mean by that?

You sure you don't want to define your terms before that?

How do businesses "start doing well"?

[El Kabong]

Alllllright


Well, Steve Jobs turned Apple around by accepting money a deal from his rival Microsoft, switched around their business model to offer what the masses wanted or offer things new to the market, and took a back to basics stance on business going with more brick and mortar stores when everyone was going for those people using the internet which got people more hands on experiences with his company's products.

And judging from that the main points you can learn from and grow from are cutting costs in overhead where it's reasonable, doing things more efficiently, having a solid business plan which offers value for money, and having a product or service that is what people want/need. You look at McDonald's and how they're having troubles right now and that's because they lost sight of what they are, a fast food company....the wizards of smart were ALWAYS complaining "Why doesn't McDonald's have healthy options?" I guess they missed the memo in that McDonald's specializes in FAST FOOD a market not really known for having customers who are health conscious....so in going the "healthy route" McDonald's has let their burger business stagnate while chains such as Shake Shack a newcomer to the market is going the route of quality ingredients rather than building half assed salads and offering up apple slices instead of French fries for kids.

Now where the government comes in on this is interesting as Shake Shack is a New York City based company and there are HUGE bureaucratic hurdles for them to overcome in order to make money. They can't offer sodas over 16 ounces and as you may well know those sodas are pretty much all profit as a soda may cost the restaurant .05 to .25 and you might pay $2.00 for it. But hey, that soda ban is great policy right? It generates revenue doesn't it? Oh wait, it's a ban, it generates NOTHING....nothing but a bunch of people who are irritated about either not getting a better profit margin or not getting the amount of drink they want.

[El Kabong]

WHAAAAAAAAAT?!?!?!?!

[Kirkland Laing]

Alllllright


Well, Steve Jobs turned Apple around by accepting money a deal from his rival Microsoft, switched around their business model to offer what the masses wanted or offer things new to the market, and took a back to basics stance on business going with more brick and mortar stores when everyone was going for those people using the internet which got people more hands on experiences with his company's products.

And judging from that the main points you can learn from and grow from are cutting costs in overhead where it's reasonable, doing things more efficiently, having a solid business plan which offers value for money, and having a product or service that is what people want/need. You look at McDonald's and how they're having troubles right now and that's because they lost sight of what they are, a fast food company....the wizards of smart were ALWAYS complaining "Why doesn't McDonald's have healthy options?" I guess they missed the memo in that McDonald's specializes in FAST FOOD a market not really known for having customers who are health conscious....so in going the "healthy route" McDonald's has let their burger business stagnate while chains such as Shake Shack a newcomer to the market is going the route of quality ingredients rather than building half assed salads and offering up apple slices instead of French fries for kids.

Now where the government comes in on this is interesting as Shake Shack is a New York City based company and there are HUGE bureaucratic hurdles for them to overcome in order to make money. They can't offer sodas over 16 ounces and as you may well know those sodas are pretty much all profit as a soda may cost the restaurant .05 to .25 and you might pay $2.00 for it. But hey, that soda ban is great policy right? It generates revenue doesn't it? Oh wait, it's a ban, it generates NOTHING....nothing but a bunch of people who are irritated about either not getting a better profit margin or not getting the amount of drink they want.

I suppose the best answer I'm going to get is an incoherent irrelevant word salad. At least you're not trying to claim that tax cuts have anything to do with it.

The short answer is that businesses start doing well when they sell more stuff. And they sell more stuff when people can afford to buy the stuff they make. Cutting the taxes of the business owner and the regulations that govern his business so that he can make bigger profits do nothing to help his prospective customers buy his products. And we have 1980-2015 as conclusive evidence of this.