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Carrollton-based company issues layoff warning for 459 Dallas employees

Discussion in 'Current Events' started by DonGlock26, Nov 12, 2012.

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  1. raytri

    raytri Well-Known Member

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    Weak, you are.
     
    raytri, Nov 12, 2012
    #26
  2. Lee S

    Lee S Moderator Staff Member Past Donor

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    Thank you Yoda.
     
    Lee S, Nov 12, 2012
    #27
  3. Jonsa

    Jonsa Well-Known Member Past Donor

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    none. It says right in the darn quote that it was due to a client cancelling a contract.
    If it was politically motivated, you'd think they'd lie like that idiot papa john.
     
    Jonsa, Nov 12, 2012
    #28
  4. sec

    sec Well-Known Member

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    this is where your textbooks fail you. Your assumption of decreased labor would mean a decrease in profits. In order for that assumption to work then all goods and services would need to deliver the same bottom line contribution and all employees would be profit centers vs cost centers.

    You want to float past where it becomes cost effective to outsource IT, payroll, billing and more. As you drive up the cost off all labor you quickly determine which positions absolutely must be performed in house.

    You then also re-evaluate all markets and product lines. Perhaps you cut back on trade shows and advertising and thus there goes a marketing person and a manager or the owner takes on the additional duty. Or, a particular market or even product is no longer attractive due to increased costs and you kill that product or market and the staff right along with it. So maybe your top line decreases but your bottom line remains unchanged.

    So your textbook assumption, when put against real-world scenario falls on its face.

    That is why those in academia do not start businesses. Oh, they will pontificate about how to do it ................theoretically.
     
    sec, Nov 12, 2012
    #29
  5. Serfin' USA

    Serfin' USA Well-Known Member

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    Man, "Obama and the Dems" seem to have a lot of power over the economy.

    For a party of people who stress the fact that the government can't really create job growth, there is an awful lot of emphasis on a perceived job killing ability by government.

    Seriously folks, if it works one way, why not the other?

    Make up your minds about this stuff. Either the government can't really change things, or it can.
     
    Serfin' USA, Nov 12, 2012
    #30
  6. Hard-Driver

    Hard-Driver Well-Known Member Past Donor

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    Your right... but of course there is no proof the Obama is the reason this company lost the contract and laid off workers either.
     
    Hard-Driver, Nov 12, 2012
    #31
  7. Lee S

    Lee S Moderator Staff Member Past Donor

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    Please, a little bit of sense would be useful here. There is very little the government can and should do to create jobs. They can take money or credit out of the private sector to create public sector jobs, but as often as not, that is a zero sum gain. However, as anyone who is in business will tell you, the government absolutely can have policies which retard economic growth, which discourages hiring, which dries up credit, which discourage investment, and kills innovation. Furthermore, the government can create an adverserial climate which has a pschological effect on business owners which creates a recessionary reaction. I would hope this is obvious to you.

    And the Obama Administration has enacted policies which have taken what little credit is available out of the private sector and given it to the public sector through the failed stimulus program. They have also made credit non-existent or close to it for small businesses through the Dodd Frank Act. The laughably named Affordable Care Act created uncertainty which was a disincentive for hiring and it is proving to be a powerful incentive to reduce staff or at least reduce workers maximum number of hours to 29 hours a week. And finally, the adverserial relationship between Obama and small businesses is undeniable.

    So it should be obvious that the Obama Administration can do very little to create job growth, that is our job, but it certainly is doing quiote a bit to hurt job growth.
     
    Lee S, Nov 13, 2012
    #32
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