Ruhle blasts dollar General for increasing prices because they can

 

With a degree in international business from Lehigh
One would think Ruhle had some knowledge of how businesses need profits to failures deny
After many years of peddling hedge funds and over financials trained to pour
The importance of cost of goods in determining profit she could not ignore
Or maybe to become a “journalist” she needed bias and flushed that knowledge down the drain
How else can her attack on Dollar Store for raising its prices explain
If cost of goods rise gross profit margins falls unless costs are reduced or  passed on
That businesses should do that if they have the power on her does not dawn
Profits that increase are a valued thing
Enables expansion and paying off debt and higher wages to the table bring
Like a true leftist she must think that profits are the root of all evils
When siphoned out by taxes from private sector she is most gleeful
As a public company with a stock prices to earnings link
And bonuses at executive levels linked to stock prices rising not in a sink
If earnings can be maintained by passing off some of the costs of doing business to increase
That benefits shareholders, workers, officers and the communities and the taxman as revenues do not cease

 Time for her to return to her economic roots
And to policies, regulations and taxes that suppress economic growth give them the boot
© November 25, 2021 The Alaskanpoet