Recent Topics
FYI: Costco is now stocking the 'good' Techron
by mbz321. 03/20/19 12:32 PM
Auto maintenance advice from a locksmith?
by Variant_S. 03/20/19 12:18 PM
Purolator 12 Pack L25608 $21
by hatt. 03/20/19 12:04 PM
Dealer service and franchise laws.
by BMWTurboDzl. 03/20/19 11:46 AM
Tie rod tapers
by LeakySeals. 03/20/19 11:26 AM
Quality Lug Nuts
by jcartwright99. 03/20/19 10:56 AM
More than one Reality
by beanoil. 03/20/19 10:50 AM
Reusable Oil Storage Container
by BamaE92. 03/20/19 10:37 AM
Bank 1 on an Equinox
by Washoe_Mark. 03/20/19 08:47 AM
How do you pronounce the word Vehicle?
by ZZman. 03/20/19 08:21 AM
Inline Fuel Filter
by CCI. 03/20/19 08:08 AM
Are All Douglas Tires USA Made?
by Miller88. 03/20/19 07:30 AM
Turn signal bulbs for '15 BMW?
by Benzadmiral. 03/20/19 07:02 AM
Drain/refill vs diy flush?
by Back40. 03/20/19 05:59 AM
Valvoline 5w30 Synpower HSTS?
by avi1777. 03/20/19 05:05 AM
Castrol Edge 5W50 "Supercar Titanium FST"
by Berto. 03/20/19 02:43 AM
The power of reaching out
by SlavaB. 03/20/19 12:57 AM
Used brake fluid
by OilUzer. 03/19/19 11:26 PM
Look what I found
by deven. 03/19/19 11:23 PM
Newest Members
Saxman657, Maxxforce, Washoe_Mark, CG_BrianM, TBF
67565 Registered Users
Who's Online Now
113 registered members (avi1777, anndel, Bailes1992, ArrestMeRedZ, Arminius, 2012AccentSE, 11 invisible), 2,058 guests, and 54 spiders.
Key: Admin, Global Mod, Mod
Forum Statistics
Forums67
Topics286,150
Posts4,903,041
Members67,565
Most Online2,967
Mar 10th, 2019
Donate to BITOG
Hop To
Page 1 of 7 1 2 7
Is it just me? Corporations #4541846
10/13/17 06:41 AM
10/13/17 06:41 AM
Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
StevieC Online content OP
StevieC  Online Content OP

Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
Is it just me or does it seem that corporations today fail to realize that by being stingy with wages and rolling back wages / cutting work force that they along with others are only shooting themselves in the foot over the long term because consumer spending is then cut back out of necessity.

It's like they can't see that one hand feeds the other and that if they give a little they will get a lot in return with benefit of a stable society where inflation grows and so do their profits and everyone is happy.

Seems to me the cycle is broken and they just keep breaking it further ?!?


'18 Dodge Grand Caravan GT - 25k KM - AMSOIL SS 0w20

Fear 20wt oils if you want your engine to last. smirk2
Re: Is it just me? Corporations [Re: StevieC] #4541857
10/13/17 06:51 AM
10/13/17 06:51 AM
Joined: Dec 2006
Posts: 19,438
Dallas,Tx USA
aquariuscsm Offline
aquariuscsm  Offline

Joined: Dec 2006
Posts: 19,438
Dallas,Tx USA
You're right on Stevie. Back in my retail days I saw how that slippery slope worked. The cut pay/benefits/hours/. Th crew is unhappy which flows down into the clientele. We'd work on a skeleton crew,and there would be no one to wait on the customers. So of course they'd walk out and spend their money elsewhere. Corporations' greed definitely shoots them in their own feet. I see it too as a customer when I go into an establishment.


1996 Nissan 300ZX 5-speed,Arctic Pearl(#175 of 300)
Quaker State Ultimate Durability 10W30
2012 Honda Accord Coupe EX-L 2.4,auto,San Marino Red
Pennzoil Platinum HM 10W30

Re: Is it just me? Corporations [Re: StevieC] #4541860
10/13/17 06:53 AM
10/13/17 06:53 AM
Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
StevieC Online content OP
StevieC  Online Content OP

Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
To elaborate I'm not saying that corporations should pay all the taxes and not earn profits, but that if they paid properly this would be spent back into the economy and ultimately back into their pockets with the benefit of the whole sales cycle going around and around instead of boom/bust/crashing/uncertainty of today.

I mean we can all point fingers of what started this but at what point do they recognize and start moving toward change?

I just don't get it. shrug

Last edited by StevieC; 10/13/17 06:54 AM.

'18 Dodge Grand Caravan GT - 25k KM - AMSOIL SS 0w20

Fear 20wt oils if you want your engine to last. smirk2
Re: Is it just me? Corporations [Re: StevieC] #4541862
10/13/17 06:54 AM
10/13/17 06:54 AM
Joined: Mar 2014
Posts: 3,802
NJ
Leo99 Offline
Leo99  Offline

Joined: Mar 2014
Posts: 3,802
NJ
Why do you think inflation is a good thing?


Without data you're just another person with an opinion. W. E. Deming

2003 Corolla 250,000 miles (RIP)
2004 Corolla 125,000 miles
2004 Rav4 370,000 miles
2015 Camry 70,000 miles
Re: Is it just me? Corporations [Re: StevieC] #4541864
10/13/17 06:56 AM
10/13/17 06:56 AM
Joined: Sep 2014
Posts: 34
NH
dmack2 Offline
dmack2  Offline

Joined: Sep 2014
Posts: 34
NH

Thatís what happens when the companies are run by bean counters & layers.


17 Toyota Sienna,40K,TGMO 0W20
13 Avalon Hybrid,91K, TGMO 0W20
99 Sierra 4X4 5.3, 130K, M1 0W40
50 Ford Woody FH V8, 29K, MS HM 10W30

Re: Is it just me? Corporations [Re: Leo99] #4541866
10/13/17 06:57 AM
10/13/17 06:57 AM
Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
StevieC Online content OP
StevieC  Online Content OP

Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
Originally Posted By: Leo99
Why do you think inflation is a good thing?


Leo a certain amount is a good thing.


'18 Dodge Grand Caravan GT - 25k KM - AMSOIL SS 0w20

Fear 20wt oils if you want your engine to last. smirk2
Re: Is it just me? Corporations [Re: dmack2] #4541868
10/13/17 06:58 AM
10/13/17 06:58 AM
Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
StevieC Online content OP
StevieC  Online Content OP

Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
Originally Posted By: dmack2

Thatís what happens when the companies are run by bean counters & layers.


So glad someone else "gets" it.

They are watching $100 bills float by as they pick-up the pennies in front of them.


'18 Dodge Grand Caravan GT - 25k KM - AMSOIL SS 0w20

Fear 20wt oils if you want your engine to last. smirk2
Re: Is it just me? Corporations [Re: StevieC] #4541878
10/13/17 07:15 AM
10/13/17 07:15 AM
Joined: Oct 2002
Posts: 5
Charlotte, NC
wimpy01 Offline
wimpy01  Offline

Joined: Oct 2002
Posts: 5
Charlotte, NC
Started in the late 70s-early 80s when accountants started taking over C-level positions. Chrysler's debacle when Iacocca saved them was due to R&D $ being killed cause it didn't contribute to the bottom line.

Investors started looking at quarterly numbers instead of yearly numbers & M&As became REALLY popular. Buy a corporation, sell a portion of it or ship production overseas...etc., etc.

Re: Is it just me? Corporations [Re: StevieC] #4541881
10/13/17 07:17 AM
10/13/17 07:17 AM
Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
StevieC Online content OP
StevieC  Online Content OP

Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
Then it seems they throw super optimistic economist into the mix that keep telling everyone that everything is fine until it's not and then they are befuddled and have all the answers as to why something went wrong and then they go back to being super optimists again.

It's like a cancer on the world but one that is totally preventable without killing the patient!


'18 Dodge Grand Caravan GT - 25k KM - AMSOIL SS 0w20

Fear 20wt oils if you want your engine to last. smirk2
Re: Is it just me? Corporations [Re: StevieC] #4541885
10/13/17 07:20 AM
10/13/17 07:20 AM
Joined: Sep 2014
Posts: 1,563
Toronto Canada
WobblyElvis Online content
WobblyElvis  Online Content

Joined: Sep 2014
Posts: 1,563
Toronto Canada
This video is sort of on topic although a little political. [uh oh]
When the middle class does not have the money to purchase goods because their wages are scaled back, who is going to buy the goods to keep the companies going?
https://www.youtube.com/watch?v=CKCvf8E7V1g

Last edited by WobblyElvis; 10/13/17 07:20 AM.
Re: Is it just me? Corporations [Re: StevieC] #4541888
10/13/17 07:24 AM
10/13/17 07:24 AM
Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
StevieC Online content OP
StevieC  Online Content OP

Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
I love TED. It's awesome. Thanks I hadn't watched this one. smile


'18 Dodge Grand Caravan GT - 25k KM - AMSOIL SS 0w20

Fear 20wt oils if you want your engine to last. smirk2
Re: Is it just me? Corporations [Re: StevieC] #4541897
10/13/17 07:34 AM
10/13/17 07:34 AM
Joined: Jun 2017
Posts: 220
NY
DdDd Offline
DdDd  Offline

Joined: Jun 2017
Posts: 220
NY
There are currently more people middle class in China than there ever were in the US.

They don't need you to do good anymore for profitability. In fact it's more profitable to operate in countries where everyone is buying their first whatever with insatiable appetites than to try and replace whatever you have.

And that boys and girls is the world in a nutshell circa 2017

Re: Is it just me? Corporations [Re: StevieC] #4541902
10/13/17 07:39 AM
10/13/17 07:39 AM
Joined: Sep 2004
Posts: 22,364
Central Florida
Mr Nice Offline
Mr Nice  Offline

Joined: Sep 2004
Posts: 22,364
Central Florida
Originally Posted By: StevieC
Is it just me or does it seem that corporations today fail to realize that by being stingy with wages and rolling back wages / cutting work force that they along with others are only shooting themselves in the foot over the long term because consumer spending is then cut back out of necessity.

It's like they can't see that one hand feeds the other and that if they give a little they will get a lot in return with benefit of a stable society where inflation grows and so do their profits and everyone is happy.

Seems to me the cycle is broken and they just keep breaking it further ?!?


That's how companies maximize their profits. It's all about meeting the financial metrics the CEO wants....

Re: Is it just me? Corporations [Re: StevieC] #4541905
10/13/17 07:42 AM
10/13/17 07:42 AM
Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
StevieC Online content OP
StevieC  Online Content OP

Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
Yeah but what about sustainability or does it just matter what's right in front of them? frown


'18 Dodge Grand Caravan GT - 25k KM - AMSOIL SS 0w20

Fear 20wt oils if you want your engine to last. smirk2
Re: Is it just me? Corporations [Re: DdDd] #4541907
10/13/17 07:42 AM
10/13/17 07:42 AM
Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
StevieC Online content OP
StevieC  Online Content OP

Joined: Aug 2008
Posts: 24,101
ON, Canada eh?
Originally Posted By: DdDd
There are currently more people middle class in China than there ever were in the US.

They don't need you to do good anymore for profitability. In fact it's more profitable to operate in countries where everyone is buying their first whatever with insatiable appetites than to try and replace whatever you have.

And that boys and girls is the world in a nutshell circa 2017


So then how do we continue to grow and stay relevant with a thriving economy on this shore?


'18 Dodge Grand Caravan GT - 25k KM - AMSOIL SS 0w20

Fear 20wt oils if you want your engine to last. smirk2
Page 1 of 7 1 2 7
Previous Thread
Index
Next Thread

BOB IS THE OIL GUY® Powered by UBB.threads™