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The real reason includes almost all the previous comments; greed, stupidity, etc. The two main drivers in a strong America economy are manufacturing and construction. Manufacturing has been leaving the US for over 30 years, and the move has been accelerating for the last 15. Does anyone remember Ross Perot? He said tha...more
Costco is the only retailer, big box or otherwise that operates on a 17% profit margin. All others run a 50 - 150% margin across the board. Costco's CEO has held this policy for many years, against the wishes of Wall Street analysts. When a Costco supplier lowers his price Costco lowers their price, no exceptions. When...more
Its government employees, and unionized to boot. Have you ever gone into a PO and waited in line long enough to watch them at work? Slow, with no sense of urgency; some are friendly, some rude jerks. That old bs of stress causing "going postal" is ridiculous. Stress without having a profit motive? Stress without a quot...more
11/17/2009
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