After I enlisted and left the area, Dad finally told his old job, with it’s toxic boss who slept her way to the top, to take a flying fuck at a rolling donut and went out to find a new job. Dad was a computer and math whiz. He put his resume out there, and was immediately snapped up by a business right across the border in Washington that supplied grocery stores. It was essentially a massive warehouse. A logistics hub. Dad said that it looked like the hanger for the Millennium Falcon. They supplied grocery stores all over Eastern Washington and Northern Idaho.
Dad, along with several other people, worked to reduce waste and make every dollar that came in count. During year two of his time there, the company threw a party because they had managed to hit the highest profit margin that they had seen in decades.
That profit margin? 1%.
If Commie-la sets her price controls, that company goes out of business. And every single grocery store that they supply can’t get groceries or other sundry goods.
This isn’t some unknown economic theory. People know this. We’ve seen the results in countries like the USSR.
If you wonder why the US Education system seems like it’s deliberately dumbing down its students, that’s because IT IS DOING THAT ON PURPOSE. Because of voters actually knew what price controls would do, they wouldn’t be supporting Commie-la Harris.
Buy more ammo.
2 comments
What’s fascinating about the retail-grocery trade is that despite that razor-thin profit margin, it’s reliably successful. Those companies have mastered retailing’s all-important art: inventory management. They know from constant monitoring of purchases and trends what to keep in stock, when to buy more, and when to make adjustments. So despite that nearly nonexistent profit margin, they go on and on, satisfying both their customers and their stockholders. It’s a specialty little appreciated by those outside that trade.
But the people at the levers of power refuse to grapple with any of that. Indeed, they will the whole subject away. “How do you succeed in a thin-margin / high-turnover business?” is a question they don’t have to answer, because their salaries come from the State. No matter what they say, do, legislate, or regulate, they’ll get paid regularly unless and until they’re ejected from power.
When you don’t know — or need to know — how to do anything of benefit to others, you’re unlikely to respect people who do. The contempt in which power-mongers hold working people is so obvious you could practically mold it into statues. Yet not one of those executives, legislators, regulators, or other assorted clowns could do the least of the jobs the rest of us must master and toil at lifelong.
We don’t need them. Let Frederic Bastiat’s prescription rule:
Please, God, may it be so — and soon!
Author
Too many people in government have never had to sign the front of a paycheck. And we’re paying the consequence for that now.