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Thread: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

  1. #961
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by radcen View Post
    Duly noted. Have a nice day.
    Thanks; you too.

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Sisyphus View Post
    Whew. Fairly complex, but here's a primmer:

    The laws of supply and demand work nicely in computer models, and are covered early on in business schools at universities across America, to give students a cursory sense of how markets can function, at times, but most businesses and the products we buy are based purely on point-of-diminishing-return. Plus branding (artificially raising demand for product X) and channel strategies (managing supply of product X) make the concept of supply and demand nearly laughable. But Rush Limbaugh, who knows nothing of markets or economics, talks about it like it's some kind of holy grail, and the Rightie Retards who listen to him talk about it like they know something, which they do not.

    Like I said, it's cursory. But that's my take on supply and demand.

    Next, and if you wish, I could explain actual market dynamics. You merely need to ask.
    Funny, without even knowing it, you lay out the case for supply & demand and then call it laughable???
    Oh, please, don't even try and explain market dynamics! Though, I am always interested in the dysfunctions of the liberal mind. It's not your fault.
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Anthony60 View Post
    Funny, without even knowing it, you lay out the case for supply & demand and then call it laughable???
    Oh, please, don't even try and explain market dynamics! Though, I am always interested in the dysfunctions of the liberal mind. It's not your fault.
    Then explain how I did, to help me stop laughing my ass off.

    Thanks,

    -S

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Sisyphus View Post
    Then explain how I did, to help me stop laughing my ass off.

    Thanks,

    -S
    I didn't know I was dealing with a drone, sorry to have tried to engage in a discussion. But you keep laughing, it's probably your best option.
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Anthony60 View Post
    I didn't know I was dealing with a drone, sorry to have tried to engage in a discussion. But you keep laughing, it's probably your best option.
    Gotcha. So with nothing you chose the lame, "You proved my point" tactic. Frankly, none too surprising.

    So to prove my point, try to explain to me why the iPhone is more expensive than an Android-based phone. Perceived premium quality, targeted at specific consumers they know will pay more? Or limited supply, thus demand driving it higher? (tip: the former)

    In fact, Apple needs to keep their products at a higher price-point, to preserve their premium brand ID. They're swimming in them, and can produce any quantity they wish. And it's a postage stamp compared to a Samsung Galaxy S4, which sells for hundreds less, which too can be produced in any supply, but is scaled to target demand based on price-point. It ain't winter wheat. It's a branded item (how we feel about something) which we marketing folks can thank the cattle industry for, since once was a time beef was a commodity driven very much by the laws of supply and demand, until ranchers with better products branded them (literally, and in a marketing sense) so buyers would know theirs was better and would pay a premium.

    Demand is therefore us, collectively. We're big pie that businesses want to get a slice of. So business does not create wealth, it thrives on it. It exploits and consolidates wealth, exclusively. So if more wealth is what we want, drive pay upwardly. Businesses will be capitalized to grab a piece of the growing market for goods and services. Banks will fight over who can capitalize the enterprises. The money supply will scale to the market, since borrowing from the Fed will increase in close parallel to the new investment into GETTING AFTER CONSUMER WEALTH.

    That's how it works. Period. Heck; even VCs and Wall Street Bankers would tell you businesses create wealth, but do not try to borrow a dime from them saying you have a business idea that will "create wealth" (a market simply because the business was opened). They'll laugh you out of the joint, and tell you they need wealth out there (market studies) that you think you can get a piece of (business plan).

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Sisyphus View Post
    So to prove my point, try to explain to me why the iPhone is more expensive than an Android-based phone.
    I was in a store yesterday and the Samsung Galaxy S4 and the iPhone 5 were both $699.
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Anthony60 View Post
    I was in a store yesterday and the Samsung Galaxy S4 and the iPhone 5 were both $699.

    iPhone 5 is $199 (16 GB) and $399 (32 GB) with a 2-year contract. Add $450 for no contract. So whether you or your service provider eats the $450, they're $650 and $850, in essence.

    Galaxy S4, at the high end, if not the highest of "Android-based" smartphones, is $100 to $200 less than an iPhone 5, in most retail outlets, while you can get the Galaxy S III for $200 just about anywhere, no contract.

    If supply & demand drove prices, they'd be a dire shortage of iPhone 5s and Galaxy S4s, while Galaxy S IIIs would be in gross over-supply. But then, S&D is laughable when pricing most of the products we buy. They're priced more based on brand and channel strategies. Supply is whatever it needs to be. And demand is driven by my ilk: marketing departments.

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Sisyphus View Post
    iPhone 5 is $199 (16 GB) and $399 (32 GB) with a 2-year contract. Add $450 for no contract. So whether you or your service provider eats the $450, they're $650 and $850, in essence.

    Galaxy S4, at the high end, if not the highest of "Android-based" smartphones, is $100 to $200 less than an iPhone 5, in most retail outlets, while you can get the Galaxy S III for $200 just about anywhere, no contract.

    If supply & demand drove prices, they'd be a dire shortage of iPhone 5s and Galaxy S4s, while Galaxy S IIIs would be in gross over-supply. But then, S&D is laughable when pricing most of the products we buy. They're priced more based on brand and channel strategies. Supply is whatever it needs to be. And demand is driven by my ilk: marketing departments.
    Verizon iPhone 5 16GB is $129 at WalMart! Galaxy S4 is $189. You liberals don't know how to shop! But, since when does the government care what they spend?
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Anthony60 View Post
    Verizon iPhone 5 16GB is $129 at WalMart! Galaxy S4 is $189. You liberals don't know how to shop! But, since when does the government care what they spend?
    Here's from Walmart.com, minutes ago:


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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Sisyphus View Post
    Here's from Walmart.com, minutes ago:

    You don't have the S4 there. Either way, The Verizon S4 is $199 and the iPhone 5 is $129. That's the in store price. If you go all the way down to an iPhone 4, I think it is 0.97 cents. I think that AT&T has the S4 for for around $168. Still more than the iPhone 5.
    "We have met the enemy and they are ours..." -- Oliver Hazard Perry
    "I don't want a piece of you... I want the whole thing!" -- Bob Barker

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