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Thread: Nation's Biggest Movie Theater Chain Cuts Workweek, Blaming ObamaCare

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    Re: Nation's Biggest Movie Theater Chain Cuts Workweek, Blaming ObamaCare

    Quote Originally Posted by humbolt View Post
    Good Lord. Companies are all about more profits, and the consuming public is always about cheaper goods. It's both. The reason companies moved production to China is because it's too damn expensive to produce common items here. Bear in mind that we are very much a society in which most daily utilized goods are considered disposable.
    I don't disagree, and would have liked your post if you would have written, "The reason companies moved production to China is because doing so widely increases profit margins," instead of, "The reason companies moved production to China is because it's too damn expensive to produce common items here."
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    Re: Nation's Biggest Movie Theater Chain Cuts Workweek, Blaming ObamaCare

    Quote Originally Posted by Middleground View Post
    I don't disagree, and would have liked your post if you would have written, "The reason companies moved production to China is because doing so widely increases profit margins," instead of, "The reason companies moved production to China is because it's too damn expensive to produce common items here."
    But what the poster said is the truth. Many manufacturers can't compete if they don't outsource their labor, because Americans as a whole demand cheap goods. If my company produces widgets, and my labor costs require that I charge 10 dollars per widget, but my competitor gets them made in China, and charges 1 dollar per widget, my company won't survive.
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    Re: Nation's Biggest Movie Theater Chain Cuts Workweek, Blaming ObamaCare

    Macy's stopped carrying my favorite t shirts. Thanks Obamacare!

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    Re: Nation's Biggest Movie Theater Chain Cuts Workweek, Blaming ObamaCare

    Quote Originally Posted by Middleground View Post
    I don't disagree, and would have liked your post if you would have written, "The reason companies moved production to China is because doing so widely increases profit margins," instead of, "The reason companies moved production to China is because it's too damn expensive to produce common items here."
    You do understand the difference between large and small profit margins are costs right? These are cost cutting moves, not revenue increasing ones.
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    Re: Nation's Biggest Movie Theater Chain Cuts Workweek, Blaming ObamaCare

    Quote Originally Posted by lizzie View Post
    But what the poster said is the truth. Many manufacturers can't compete if they don't outsource their labor, because Americans as a whole demand cheap goods. If my company produces widgets, and my labor costs require that I charge 10 dollars per widget, but my competitor gets them made in China, and charges 1 dollar per widget, my company won't survive.
    Lululemon did not need to go to China to make a tidy profit on their yoga pants. Yet, they did. And don't think for one minute that they reduced the cost of their yoga wear.
    No men are anywhere, and Im allowed to go in, because Im the owner of the pageant and therefore Im inspecting it, Trump said... Is everyone OK? You know, theyre standing there with no clothes. Is everybody OK? And you see these incredible looking women, and so I sort of get away with things like that.

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    Re: Nation's Biggest Movie Theater Chain Cuts Workweek, Blaming ObamaCare

    Quote Originally Posted by Middleground View Post
    I don't disagree, and would have liked your post if you would have written, "The reason companies moved production to China is because doing so widely increases profit margins," instead of, "The reason companies moved production to China is because it's too damn expensive to produce common items here."
    But it is too expensive to produce, say, a stainless steel water bottle here. Such a product from China is usually not nearly as well made as the US version, but the difference in cost is prohibitive for such an inconsequential item. It cuts both ways. Are there more profits associated with cheaper production costs and higher sales volume? Decidedly yes. Are average consumers able to afford and fuel the higher volume? Again, yes. We are no longer an industrial/manufacturing- heavy society.

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    Re: Nation's Biggest Movie Theater Chain Cuts Workweek, Blaming ObamaCare

    Quote Originally Posted by Middleground View Post
    Not companies wanting more profit?
    Of course companies want more profit. Profit is the sole reason companies exist and if they can shave a percentage of labor cost significant enough to justify the costs of relocating manufacturing, they can and will do it. Every single time. The truth of the matter is that the vast majority of these manufacturing jobs shipped overseas are low skilled positions most often filled by 2 different types of people. The first type of person that works in a job like this is young and ambitious. They are using the job to gain experience to be qualified for something better down the road. The second type are undereducated, low skilled, low IQ types who are not and will never be qualified for anything more. I've worked in manufacturing and I know exactly what I'm talking about. The people there all think they're worth $30+ per hour but in reality the factory rolls on just fine turning over a new crop of minimum wage type employees every couple of months.

    The days of union wage manufacturing are over. We buy that crap from China and Mexico now. If it's any consolation, you can take solace in the fact that as the economies of these countries grow(on the backs of these low skilled laborers) they will run into the same problems that we have here only this time there won't be any place to ship these jobs off to. Then, maybe, you'll see a return of high priced union manufacturing jobs here... and then we all get to pay more for the same crap.
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    Re: Nation's Biggest Movie Theater Chain Cuts Workweek, Blaming ObamaCare

    Quote Originally Posted by fmw View Post
    Companies can't be successful without effective employees. Employees, little and large, are critically important to companies. Why would you think otherwise?


    companies are effective by minimizing positions for any reason. The less hrs that a company can pay their people, the more money the company makes.

    No#1 goal of company: minimize labor costs.

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    Re: Nation's Biggest Movie Theater Chain Cuts Workweek, Blaming ObamaCare

    Quote Originally Posted by madman View Post
    companies are effective by minimizing positions for any reason. The less hrs that a company can pay their people, the more money the company makes.

    No#1 goal of company: minimize labor costs.
    What's scary is that you actually believe this. You've been thoroughly union-washed.

    Virtually every company is constantly looking for ways to expand their workforce and operations. All the time. In any climate. Period.

    Every company I've worked for has always sought to expand operations, hire more people, produce more, grow more, create a bigger footprint inside and outside the company.

    HOWEVER, costs must be met, and margins must be followed. Otherwise, investors will bail and banks will stop lending. It's just a matter of basic economics.

    You have to listen to different people. The ones that are filling your head with this nonsense are brutally wrong.

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    Re: Nation's Biggest Movie Theater Chain Cuts Workweek, Blaming ObamaCare

    Quote Originally Posted by Erod View Post
    What's scary is that you actually believe this. You've been thoroughly union-washed.

    Virtually every company is constantly looking for ways to expand their workforce and operations. All the time. In any climate. Period.

    Every company I've worked for has always sought to expand operations, hire more people, produce more, grow more, create a bigger footprint inside and outside the company.

    HOWEVER, costs must be met, and margins must be followed. Otherwise, investors will bail and banks will stop lending. It's just a matter of basic economics.

    You have to listen to different people. The ones that are filling your head with this nonsense are brutally wrong.
    that's laughable.

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