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JUST DUMB: Joe Biden Announces Plan to Fight Record Inflation, Tells Businesses to “Lower Your Costs Not Your Wages”
Gateway Pundit ^

Posted on 03/01/2022 9:44:44 PM PST by Tench_Coxe

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To: Tench_Coxe

Maybe he can find some of Gerald Ford’s WIN buttons, you know,” Whip Inflation Now”


41 posted on 03/02/2022 2:32:05 AM PST by muir_redwoods (Freedom isn't free, liberty isn't liberal and you'll never find anything Right on the Left)
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To: Ken H

Re: 11 - That’s a great investment strategy! Have you written a book about it?

Better yet, can I give you my three 1/2s so you can manage my money for me?


42 posted on 03/02/2022 2:40:23 AM PST by Fury
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To: Tench_Coxe

Your costs go up during inflammation moron. 98% of Congress have no idea what owning a business is about and just do what Klaus tells them too.


43 posted on 03/02/2022 2:43:29 AM PST by cp124 (Living under medical tyranny. )
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To: Fury

Of course. And don’t worry, I will treat your money like it was my own!


44 posted on 03/02/2022 3:26:05 AM PST by Ken H (Trump won.)
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To: Tench_Coxe
"Ok genius, how do you do that?"

The communist way, "The workers pretend to work and the employers pretend to pay them."

45 posted on 03/02/2022 5:28:41 AM PST by outofsalt (If history teaches us anything, it's that history rarely teaches anything.)
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To: fwdude

Along with payroll taxes, insurance, rent, utilities, supplies, and cost of goods.


46 posted on 03/02/2022 5:50:43 AM PST by DownInFlames (P)
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To: Ken H
Yeah, and my investment plan is to put half my money in stocks, half in bonds and half in real estate.

That should get you an immediate 50% return!

47 posted on 03/02/2022 5:53:10 AM PST by Pearls Before Swine
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To: Tench_Coxe

So businesses lower costs by firing people or off sourcing jobs? Clown world.


48 posted on 03/02/2022 5:55:17 AM PST by Vision (Elections are one day. Reject "Chicago" vote harvesting. Election Reform Now. Obama is an evildoer.)
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To: Tench_Coxe

It is hard for business to “lower wages” because they are in direct competition with the Federal and State governments for workers. Private employers seeking workers to do the jobs and the Fed and States paying many people NOT to work (making assistance so attractive and comparable to working).


49 posted on 03/02/2022 5:56:57 AM PST by Gaffer
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To: Tench_Coxe

Remember that the people operating Joe Biden don’t want businesses to exist at all - we are apparently all thieves, our profits stolen from the proletariat. These statements are a clear a declaration of war on free enterprise as they have yet dared to make. Maybe we have passed the tipping point.


50 posted on 03/02/2022 6:00:18 AM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Tench_Coxe

The quickest way to lower your costs is to reduce your employees. Liquidating equipment and facilities takes time. If you have a factory, you have to keep it and the equipment to produce products. So you have to ask yourself how many employees can I get rid of to comply with Joe’s new economic policies.

His master plan is to put all these out of work folks on the gubmint tit.


51 posted on 03/02/2022 6:01:04 AM PST by shotgun
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To: Tench_Coxe

This TRULY the “State of Dementia” speech..

These people - ALL of them, have ZERO understanding of how REAL business works.

ALL of them have spent most of their lifetimes thinking that “business” is extortion, bribes, kick-backs and insider trading.

They have NO clue about reality.


52 posted on 03/02/2022 6:01:45 AM PST by joethedrummer (We can't vote our way out of this, folks..)
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To: Hambone 1934

McGovern’s business went bankrupt, too. IIRC, it failed during the Carter Administration...poetic justice.


53 posted on 03/02/2022 6:07:22 AM PST by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: Ken H

Nothing left over for bitcoin?


54 posted on 03/02/2022 6:08:17 AM PST by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: Tench_Coxe

Liberals think wages are free.


55 posted on 03/02/2022 6:08:39 AM PST by CodeToad (Arm up! They Have!)
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To: Tench_Coxe

Remember he said to lower the debt we have to spend more money the democrats are clueless about money issues all they know about it is spending it.
Life in the bubble is a shallow life it’s why they seldom leave it.


56 posted on 03/02/2022 8:24:34 AM PST by Vaduz ( )
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To: Tench_Coxe

Agreed.

I have done accounting in various companies since I was 17. NOW 82 & still have one client—52+ years. Kroger-—Oscar Mayer—Shell Oil-—Universal Studios-—NOT exactly Mom & Pop operations in Wheatland, Wyoming.

EXACTLY WHAT COSTS does a company lower???

Rent/mortgage? NOT
Power bills? NOT
Water bills??? NOT
Toilet paper??? NOT
Materials/supplies from Vendors? NOT
Insurance? NOT
Delivery costs??? NOT

EXACTLY WHAT, JOE?????

As my brother says: Not one person in 100 is qualified to sign the FRONT of the paycheck-—but they all can sign the back.

I told brother a few years back that number is closer to one in 1000.

JOE proves more each time he opens his mouth how stupid he is.

NOW-—Whoever wrote & approved that speech has proven their worth in spades.

A complete compound of idiots.


57 posted on 03/02/2022 8:40:50 AM PST by ridesthemiles
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To: Tench_Coxe

Active workers in USA today are approx 18% of total.

Biden wants other 88% to be unionized.

THAT will certainly NOT drive down costs...only add more to wages & benefits.


58 posted on 03/02/2022 8:42:02 AM PST by ridesthemiles
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To: Tench_Coxe

One thing is true. Wages are not what’s driving inflation. If Freepers want to on all of the current economic woes on the lower blue collar workers (100,000,000 of them ) then you can all FOAD.


59 posted on 03/02/2022 8:43:15 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: Tench_Coxe

An import tariff is a tax on FOREIGN manufacturing workers and US consumers. Don’t but then don’t pay. A tariff is optional.


60 posted on 03/02/2022 8:45:07 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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