Wednesday, May 24, 2006

Democrat Media Starting To Understand Capitalism?

We can only hope. This headline may be a good first step.

Report: Labor costs threaten small firms

The body of the article is obvious for anyone who has ever run a business but apparently it's something new to democrats.

NEW YORK, May 24 (UPI) -- Labor costs pose as great a risk to operating margins at smaller U.S. companies as do the prices of commodities like gasoline, a survey has found.

A study by Satya Pradhuman, chief small cap strategist for Merrill Lynch Global Securities Research & Economics Group found that around 26 percent of respondents believe labor costs constitute the greatest threat to operating margins.

No kidding, labor costs run around 35% for most small companies. I'm not sure gasoline or any other "commodity" would even register 1%.

No wonder democrats hate the freedom and liberty that Capitalism brings to people. They have no understanding of it whatsoever.

1 Comments:

Anonymous Anonymous said...

You are correct in your assessment. lee

May 26, 2006 11:28 AM  

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