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Originally Posted by craigiri
That's just silly when the stock market tripled during those 8 years. You are simply interpreting what fits your already fixed world view...IMHO.
I'm sure you will next claim that all your clients just love the tariff and trade wars and made great expansion plans set in stone based on...chaos.
Give me a break. Capitalism lovers clubs....must include Madoff and lots of other people who do it all for fun.
While the competition in business can be fun at the end of the day they do it for money. Some may do a bit of it for ego (not because of Capitalism Religion), but they usually end up on the wrong side of the balance sheet.
Way before any of the current BS I talked to many people who built up their businesses quite large - and then, when they learned the drill, intentionally downsized them. Smart people. One guy was a great drywall tradesman who worked with one friend. Next thing he had 52 employees. When I talked to him again he was so happy that he was back to just 2.
I had that happen myself to a degree because successful business and people tend to automatically grow. I had a mom and pop shop...next thing you know, I had two. Then I have a importing business I bought (related) and then even a manufacturing biz or two (also related).
Then I did some basic math and figured that I could do almost as well getting back down to one Mom and Pop store...and it ended up being true! In fact, the less I worked the more I made.
Your clients are acting like snowflakes if some words grabbed by partisans and amplified out of context are enough to make them change their plans. Period.
On the other hand, these tariff and trade wars have been a REAL PITA to real businesses. Not just anecdotes.
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Bolded for absurdity
You keep proving you don't know much about business or economics. According to you someone who has a plethora of people working for them and making money for them is a bad thing? lol The idea is to hire people to make money for you.
Lets see I can work with 1 person and make X or I can run a business with multiple workers who all make money for me and make 3X. Gee which is the better scenario?
Overwhelmingly the plan people in business have is to make money yet you make it about downsizing because of the "many" people you've talked too? Make something else up.