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bucolic_frolic

(43,115 posts)

11. Republicans LOVE recessions, they raise prices to maintain their profits

Reply to soothsayer (Original post)

Thu Apr 1, 2021, 08:50 AM

Apr 2021

even though it sounds counterintuitive. Then when the economy turns up, higher volume brings in even more profits on the inventory you saved from being sold at low prices. If you can wait out that game, as Republicans can, you make more money! More yachts!! Yay!

It seems I recall the classic case study on this was GM, called "target return pricing".

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OMG, (Mitch), 10 out of the last 11 recessions were under Republican presidents [View all] soothsayer Apr 2021 OP

Absolutely! SheltieLover Apr 2021 #1

Yes . ... Lovie777 Apr 2021 #2

Nope. Just greed. (n/t) OldBaldy1701E Apr 2021 #6

K&R. And bookmarking. n/t ms liberty Apr 2021 #3

millions of people returning to work after being laid off MissMillie Apr 2021 #4

THAT was a sly bit of deception MyOwnPeace Apr 2021 #5

But he wanted to cut Social Security and Medicare under the guise of... JHB Apr 2021 #7

IE the reason why the anti democracy from kGQP is ***MORE*** dangerous than any other country uponit7771 Apr 2021 #8

Do reporters ever ask Mitch for his alternative plans?? Jon King Apr 2021 #9

Amen! nt pazzyanne Apr 2021 #12

Nah, they're too busy forming A questions for Biden or something else stupid uponit7771 Apr 2021 #15

Attacking Democrats in power PatSeg Apr 2021 #21

"The Economic Cycle"...a term that republicans love to toss around to fool people Escurumbele Apr 2021 #10

+1, I've known nothing else in my voting lifetime kGQP means lost jobs uponit7771 Apr 2021 #17

Republicans LOVE recessions, they raise prices to maintain their profits bucolic_frolic Apr 2021 #11

Another way to look at it: rickyhall Apr 2021 #13

Yes, Mitch. Of course. Now is never the time to do anything about anything. Got it. Demnation Apr 2021 #14

G.O.P. 3825-87867 Apr 2021 #16

Also, Dem administrations have fewer suicides and homicides. area51 Apr 2021 #18

Interesting. nt crickets Apr 2021 #25

Didn't the McConnell/Ryan/GOP's tax cut for the rich cost more than Biden's infrastructure plan? Botany Apr 2021 #19

Sing it from the rooftops! sarchasm Apr 2021 #20

DNC should run those facts in ads on FAUX News PufPuf23 Apr 2021 #22

Since congress controls all spending, I think this is simplistic MichMan Apr 2021 #23

This message was self-deleted by its author DiamondShark Apr 2021 #24