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This is the Democratic Party.

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eastcane said:
Well, that was just a small blurb in that, but nice job latching onto that morsel. Dynamic pricing is a thing, like when I go into Moody Store for the $4 sausage, cheese, egg biscuit, after 10 am that baby goes down to $2, then after noon it's a buck, but a little crusty.
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Small blurb. He wrote four sentences. The first two out of the box state price gouging and gross profit. He then ends with corporate greed. Can you explain why a 1.5% margin is corporate greed and price gouging ?

Do you have a problem with lowering the price on that biscuit the closer it gets to expiration ? Also, what is the point of citing a gross margin of 20% when everyone who understand financials understands it’s a largely meaningless number ?
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This is the Democratic Party.

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lawpoke87 said:
He was clearly blaming price gouging and corporate greed for rising food prices. He hit all the key buzzwords. Yet he somehow omitted the most important number…:net margins. There is no factual evidence based on financial of either price gouging or corporate greed here.
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Well, that was just a small blurb in that, but nice job latching onto that morsel. Dynamic pricing is a thing, like when I go into Moody Store for the $4 sausage, cheese, egg biscuit, after 10 am that baby goes down to $2, then after noon it's a buck, but a little crusty.
Click to expand...

This is the Democratic Party.

L
astonmartin708 said:
3) Just because Congress is incompetent doesn’t mean that the president should be as well.
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You can’t use Holmes as support for suppressing speech when he clearly states his test was in war time and Congressionally enacted. The suppression of speech we’ve witnessed over the past 3 years have neither. It also was directed towards speech other than pandemic related.
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This is the Democratic Party.

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eastcane said:
Hey, where did he mention inflation on that post? Looked like a warning about consolidation, but if Kroger can make the margins work with Albertson's inventory, go for it boys.
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He was clearly blaming price gouging and corporate greed for rising food prices. He hit all the key buzzwords. Yet he somehow omitted the most important number…:net margins. There is no factual evidence based on financials of either price gouging or corporate greed here.
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This is the Democratic Party.

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astonmartin708 said:
Well, even the community clarification lacks clarity. They correct his use of gross vs net profit, but only do so using data in 1 quarter when he was referencing behavior over 5 years.


Both things are misleading.

Apparently no one knows how to read a financial statement.
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Krogers net margins are a little less than 1.5% over the past 5 years and pretty much in line with historical averages. Gross margins are largely irrelevant as they typically don’t take into account operating expenses. Again, Reich is throwing irrelevant info out in hopes the uneducated will buy into it. Probably a pretty good bet.

Kroger Net Profit Margin 2010-2024 | KR

Current and historical net profit margin for Kroger (KR) from 2010 to 2024. Net profit margin can be defined as net Income as a portion of total sales revenue. Kroger net profit margin for the three months ending July 31, 2024 was <strong></strong>.
www.macrotrends.net www.macrotrends.net
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This is the Democratic Party.

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lawpoke87 said:
Bluster huh. I would call it intentionally misleading at best to deflect blame for high food prices to companies like Kroger. I can’t imagine Reich doesn’t understand financial statements.
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Hey, where did he mention inflation on that post? Looked like a warning about consolidation, but if Kroger can make the margins work with Albertson's inventory, go for it boys.
Click to expand...

This is the Democratic Party.

astonmartin708
lawpoke87 said:
Bluster huh. I would call it intentionally misleading at best to deflect blame for high food prices to companies like Kroger. I can’t imagine Reich doesn’t understand financial statements.
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Well, even the community clarification lacks clarity. They correct his use of gross vs net profit, but only do so using data in 1 quarter when he was referencing behavior over 5 years.


Both things are misleading.

Apparently no one knows how to read a financial statement.
Click to expand...

This is the Democratic Party.

E
lawpoke87 said:
Bluster huh. I would call it intentionally misleading at best to deflect blame for high food prices to companies like Kroger. I can’t imagine Reich doesn’t understand financial statements.
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Kroger can buy out who they want, if they scoop up Albertson's fine. Reich bumped heads with deficit hawks in the first Clinton administration three decades ago, the hawks largely won, but the guy is sharp, Clinton couldn't afford most of his economic policy initiatives then.
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This is the Democratic Party.

astonmartin708
lawpoke87 said:
1). I said largely supplanted not wholly supplanted. Please quote me accurately.

2). Holmes never said anything about regulating pandemics. You can’t agree with him on things he never addressed.

Limiting speech based on Congressional action is a vital part of this discussion as is war. Both were intricate to Holmes’ decision. Again…the fact that one person is violating Americans first amendment rights even with speech which is factual is alarming. Please note there was also speech censored which had zero to do with the pandemic. History shows us the silencing of the people often starts in one area and spreads to others. Funny how things repeat themselves. The fact there are Dems supporting such a gross violation of our civil rights is even more alarming. Can we not place the precedent being set over partisanship?. Shall we go back to through history and discuss regimes which silenced the voices of dissenters ?
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1) Apologies. Verbiage. We agree that such a standard is not currently adopted by the government though similar logic has been used in the past. I’m arguing that such logic should i

2) I am extending Holmes’ logic to a similar circumstance as the one he was ruling upon.

3) Just because Congress is incompetent doesn’t mean that the president should be as well.
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This is the Democratic Party.

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eastcane said:
That's funny, bluster doesn't count as economic policy. Since 1989, there have been 52 million new jobs created in these United States. 50 million have been created by three Democratic presidents, and 2 million have been created by three Republican presidents. At least for the last 3 and a half decades, Republicans have had the effect of carpet bombing the American economy, numbers are the meat on the bone.
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Bluster huh. I would call it intentionally misleading at best to deflect blame for high food prices to companies like Kroger. I can’t imagine Reich doesn’t understand financial statements.
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This is the Democratic Party.

E
lawpoke87 said:
How scary is it that guys like Robert Reich make US economic policy?

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That's funny, bluster doesn't count as economic policy. Since 1989, there have been 52 million new jobs created in these United States. 50 million have been created by three Democratic presidents, and 2 million have been created by three Republican presidents. At least for the last 3 and a half decades, Republicans have had the effect of carpet bombing the American economy, numbers are the meat on the bone.
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Official Northwestern State Prediction Thread

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Babe the Blue Ox said:
You know as well as I do how Tulsa fans are, and "it's too hot" is one of the most common excuses used. I was there the last time we played this team and it was too close for comfort. I hope we run them off the field this time around.

I took a quick look at the ticket map and it looks like we're about or just over 50% sold.
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The last time we played this team was in 1983, was that what you are referring to? lol. I don't think we will have a problem this go round.
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Official Northwestern State Prediction Thread

Babe the Blue Ox
dougheffking said:
Good Lord if 90ish around kickoff keeps TU fans away then I dunno what to say. It's going to significantly cool off during the game.

Such a lazy group of fans. Just show up and cheer for the damn team.
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You know as well as I do how Tulsa fans are, and "it's too hot" is one of the most common excuses used. I was there the last time we played this team and it was too close for comfort. I hope we run them off the field this time around.

I took a quick look at the ticket map and it looks like we're about or just over 50% sold.
Click to expand...

Official Northwestern State Prediction Thread

D
Babe the Blue Ox said:
Get there early, only 2,500 shirts available.

Temp is predicted to still be over 90 at kickoff, which won’t help with a walk up crowd.
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Good Lord if 90ish around kickoff keeps TU fans away then I dunno what to say. It's going to significantly cool off during the game.

Such a lazy group of fans. Just show up and cheer for the damn team.
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