Re: what is economics for anyways????????

On Thu, 30 Jul 2026 12:09:16 -0400, Wilson <[email protected]>
wrote:

>On 7/30/2026 12:05 PM, Julian wrote:
>> On 30/07/2026 17:00, Wilson wrote:
>>> On 7/30/2026 11:25 AM, Noah Sombrero wrote:
>>>> On Thu, 30 Jul 2026 10:19:33 -0400, Wilson <[email protected]>
>>>> wrote:
>>>>> On 7/29/2026 10:24 PM, Noah Sombrero wrote:
>>>>>> On Wed, 29 Jul 2026 18:05:52 -0700, dart200
>>>>>> <[email protected]> wrote:
>>>>>>> On 7/29/26 2:16 PM, Wilson wrote:
>>>>>>>>
>>>>>>>> The public sector has an awful record of efficiency. Public grocery
>>>>>>>> stores for example, and that's gotta be one of the simplest 
>>>>>>>> things in
>>>>>>>> the world to run.
>>>>>>>
>>>>>>> the us military runs public grocery stores just fine actually
>>>>>>
>>>>>> As long as they are not required to make a profit, they do fine, and
>>>>>> are sterling examples of efficiency.
>>>>>
>>>>> Military commissaries are required by law to sell at cost plus 5%.
>>>>>
>>>>> They aren't allowed to make money by law.
>>>>
>>>> Is that a surprise?
>>>>
>>>>> "Efficient".
>>>>
>>>> You define efficient in terms of profit for execs.  The other way is
>>>> to define it in terms of good deals for customers.
>>>
>>> The best way to measure retail efficiency is the overall cost of 
>>> operations as a percentage of retail sales compared to other stores 
>>> selling similar things.
>>>
>>> Excessive profit for executives isn't an indicator of higher efficiency.
>> 
>> It is an indicator to investors that it is time to move on.
>
>Yes. Looting the company isn't a sign of great things ahead for the 
>business.

Looting the company, is like for motel workers when management won't
supply pens for the front desk.  Clerks should provide their own.  No,
high profit for execs depends on reduce costs so profit can increase.
So no pens.
-- 
Noah Sombrero mustachioed villain
Don't get political with me young man
or I'll tie you to a railroad track and
<<<talk>>> to <<<YOOooooo>>>
Who dares to talk to El Sombrero?
dares: Ned
does not dare: Julian  shrinks in horror and warns others away