(no subject)

[unnamed525.livejournal.com]

Comments

[badlydrawnjeff.livejournal.com]

Hooray, more Facebook memes that can't tell the difference between raw profit numbers and profit margins.

[telemann.livejournal.com]

Yeah, hooray! More BDJ whining!!
Wall Street Journal: Profit margins at near-record levels August 23, 2013.

[johnny9fingers.livejournal.com]

Ouch.

[ericcoleman.livejournal.com]

That one is going to leave a mark.

[badlydrawnjeff.livejournal.com]

Hooray, further proving my point! Yay!

[phildegrave]

I must have missed the part where you made a point.

[unnamed525.livejournal.com]

So, what's more important, profit or profit margin?

[badlydrawnjeff.livejournal.com]

Margin, by a significant margin. Those aren't record, and the occasional blips always regress to the mean.

[peristaltor.livejournal.com]

Given that most profits are being used to buy back stock (thus keeping stock at its all-time-high), I'd say the margins are doing quite well, thank you.

[fizzyland.livejournal.com]

Well the post wasn't about margins so you're right and it doesn't matter at all.

The point of the post is the fatuous claims about Obama destroying the economy which your pedantry ignores. Forest for the trees, man.

[badlydrawnjeff.livejournal.com]

Well the post wasn't about margins so you're right and it doesn't matter at all.

Thanks!

The point of the post is the fatuous claims about Obama destroying the economy which your pedantry ignores. Forest for the trees, man.

So cite incorrect points and irrelevancies, and boom, I win? This could be fun!

[usekh.livejournal.com]

So the Stock markets Profits and Profits margins are at all time highs, but that is somehow irrelevant?

[badlydrawnjeff.livejournal.com]

The stock market is at a record high, but stock market prices are becoming less relevant over time, unfortunately.

Profit margins are not at an all time high, as telemann helpfully pointed out.

[mylaptopisevil.livejournal.com]

If Obama is destroying the economy, why is the market doing so well.

[fizzyland.livejournal.com]

Splitting hairs on irrelevancies and intentionally missing the point shouldn't be a point of pride but whatever rocks your boat.

[brother-dour.livejournal.com]

I got that same argument from a friend on Facebook. "Profit margins rise and fall" he said, and that same article mentions that the spike is ahead of an anticipated bust.

But I would ask you this, badlydrawnjeff: which do you think is better, tremendous spikes in profit margin followed by crushingly narrow margins, or profit margins that more-or-less hold steady, with no significant spikes or dips over time?

[badlydrawnjeff.livejournal.com]

I'm not sure I'm able to make a blanket determination.

[brother-dour.livejournal.com]

Maybe there's no difference to the guys making the money, the so-called job creators. So let me ask you this: which do you think is better for economic stability in general, and for the working classes?

[fizzyland.livejournal.com]

And you have data that supports some counterclaim?

[phildegrave]

Once there was a single hair. Now there are two halves.

[fizzyland.livejournal.com]

It's kind of his thing.

[telemann.livejournal.com]

lol

[weswilson]

HAHAHHAHAHA!

[i.livejournal.com]

Does trickle down economics work? If you believe so, please provide evidence.

[brother-dour.livejournal.com]

Yeah huh, it does too, because Reagan!