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.


Anonymous Anonymous said...

You are correct in your assessment. lee

May 26, 2006 11:28 AM  

Post a Comment

<< Home