Comments on: In Mitt Romney’s World

By: ayayaboy

ayayaboy — Fri, 19 Oct 2012 23:27:00 +0000

Romnesia is a pre-existing condition and is covered by Obamacare. Romnesia disease is a wandering-flipflopping disease that makes the Republican nominee to lie and change positions always without shame. The symptoms of Romnesia are lying about your beliefs; denying Tea Party; call 47% victims and loaders; never lived middle class life; and achieved 47th position out of 50 in job creation in Massachussetts.

By: Ruby JacksonBrown

Ruby JacksonBrown — Thu, 27 Sep 2012 18:40:00 +0000

a bunch of fool!!

By: Ruby JacksonBrown

Ruby JacksonBrown — Thu, 27 Sep 2012 18:37:00 +0000

a bunch of fool!!

By: montanabill

montanabill — Tue, 25 Sep 2012 22:13:00 +0000

I wish you were right, but the statistics say otherwise. The correlation between those coming off unemployment comp and the rise of SSDI is too coincidental, as is the shear volume.

By: jackiejan

jackiejan — Mon, 24 Sep 2012 02:31:00 +0000

The sad part is, that is Mitt. He does not realize what he does or says.
When in Florida earlier this year, he was talking to a group of laid off people that had work and lost their jobs. They were losing their homes and worried about feeding their families. He was so CRUDE AND RUDE.
He told them, right now he did not have a job either.
No clue, no idea, selfish, self centered.
AND YES ARROGANT

By: CAThinker

CAThinker — Fri, 21 Sep 2012 13:51:00 +0000

Bravo! Well said.

By: robert

robert — Fri, 21 Sep 2012 02:50:00 +0000

Mitt Romney is going down slow. My only concern in this is that we will see his public defeat and take it as an automatic win for the President. We should accentuate the vote to ensure that Romney/Ryan is thrown into the ash-bin of history, and to make them an example to the Republicans/Tea Party that America is fed up with their arrogance, smugness, and greed. November 6th should mark a progressive turn in America for Americans.

By: montanabill

montanabill — Fri, 21 Sep 2012 01:04:00 +0000

If my competitors don’t make the same margins I do, they will not have the resources to compete except on price. That will inevitably translate into a lower quality product and less marketing capability. If anyone with a lower price could win the market, IBM, Apple, Microsoft, Mercedes, just to name a few, would not dominate their markets.

I do tell my customers, because I want them to be well aware of some of the hidden taxes they are paying.

By: wayne

wayne — Fri, 21 Sep 2012 00:53:00 +0000

And I thought Herbert ( crash of 29 ) Hoover, and Gorge ( reed my Jr, ) Bush were lousy excuses for Presidents.

By: johninPCFL

johninPCFL — Thu, 20 Sep 2012 23:44:00 +0000

“it will that much sooner that they are no longer a competitor” – or you will be gone due to decreasing demand for your higher priced product.

Your tunnel vision makes a point very tough to demonstrate. So, are Latkas made in the US? No? OK then.

So an increase in the VAT on a Latka doesn’t necessarily translate into a higher price for a Latka. Since an increase in the price of a Latka puts the dealer at a disadvantage selling Latkas, the dealership will eat the VAT cost increase and look for other ways to boost his sales, i.e. TBA (tires, batteries, accessories). Why do that now instead of before? The Latka importer doesn’t handle tires, so the dealership now looks at adding the overhead to handle TBA from other supply chains (ordering, warehousing, transport, training, etc.) to make up for the income loss on the Latka.

The point is, while you may be happy to pass any cost increases on to your customers immediately, most others don’t. You are right about commodity pricing. They do have the choice of modifying the content, volume, labor practices, etc. I design, build, and sell high voltage power supplies. My costs are variable, my selling price is not. Contracts are long-term with minimal adjustment riders built in. I have the choice of accepting a margin hit when my basis prices change or not being in this business. Most high-tech businesses run the same way. Did the price of an iPhone jump up when Hon-Hai gave their workforce a pay raise or when Samsung increased the price of the display 50%? Hmm…seems like Apple has negotiated with Hon-Hai a long-term fixed price contract with cost change riders included.

Good luck and be well.