So you love "Capitalism," get in here and defend this

[MegaManX]

https://www.gm.com/investors/earnings-releases.html

GM just cut 1200 jobs in ohio because a "fall in demand."

GM sets record net profits and growth in third quarter of 2016...


American Capitalism.

In america, "fall in demand" means "Not enough of an increase in net profits which did increase at RECORD numbers."

 

[wickedsm]

And you've got trump fans on here singing the praises of lowering corporate tax rates. They already pay some of the lowest rates in the world and profits are at an all time high....

 

[K.Dot]

Capitalism took more people out of poverty than anything, we need more checks and balances though.

 

[Michael9100]

Capitalism took more people out of poverty than anything, we need more checks and balances though.

socialism did that....

 

[horizon]

Is Blacksands going to be free?

 

[K.Dot]

socialism did that....

@ThreeLetterAgency

 

[MajorVitaman]

Nobody "loves" capitalism, it's simply the world we live in today. This is what happens when you let cacs run wild and turn the world into caveat emptor Ancient Rome.

 

[Mirin4rmfar]

Capitalism took more people out of poverty than anything, we need more checks and balances though.

And it's pushing them right back into poverty. See the reduction of the middle class. It was never about pulling people out of poverty.

 

[The Prince of All Saiyans]

@ThreeLetterAgency

defend yrself

 

[☑︎#VoteDemocrat]

General Motors Earnings Releases | GM.com

GM just cut 1200 jobs in ohio because a "fall in demand."

GM sets record net profits and growth in third quarter of 2016...


American Capitalism.

In america, "fall in demand" means "Not enough of an increase in net profits which did increase at RECORD numbers."

the pursuit of quarterly returns needs to be addressed...


but ya'll weren't paying attention

http://www.businessinsider.com/hillary-clinton-quarterly-capitalism-2016-4




Hillary Clinton Is Not the Only Critic of ‘Quarterly Capitalism’



HILLARY CLINTON: The problem with corporate America's obsession with 'quarterly capitalism'














@GzUp @wire28 @Atlrocafella @Blessed Is the Man @ezrathegreat @Jello Biafra @Chicken Pot Pie @humble forever @Darth Nubian @General Mills @88m3 @GinaThatAintNoDamnPuppy! @SJUGrad13

 

[Mr. Togo]

gm makes multiple vehicles and that ohio plant produced one

if that one vehicle fell in demand it makes sense to cut those jobs and you could still have record profits if your other vehicles over-performed

 

[☑︎#VoteDemocrat]

 

[Domingo Halliburton]

Terrible thread that misunderstands basic economics

 

[DPresidential]

Capitalism took more people out of poverty than anything, we need more checks and balances though.

This. /Thread