President Trump: The NEW one and only politics thread

My decision to use that word did not unfold ex nihilo.

 

Your boner for Latin could use a rest, too.

 

et tu?

Edit: OK, I'll stop ... for awhile.

 

ER doctor, on the health care thing ...

 

You're really comparing tomatoes and TVs there ... holding costs, cost of having too much, cost of having too little, different retail footprints ... I know this guy who's kind of an expert on it ...

Grocery stores earn more than 1% overall ... if they didn't, there wouldn't be any of them.

 

"The average profit margin for grocery stores is 1.3 percent” says Jeff Cohen, a grocery industry analyst with IBIS World. “It’s a very competitive industry; so, as a result, grocery stores can only slightly mark up the prices for their products”

 

Pretty heavily unionized industry too, isn't it?

 

White House staffers asking Canada for help on reining in Trump? Believable.

White House advisors called Ottawa to urge Trudeau to help talk Trump down from scrapping NAFTA

 

Do you mean cashiers and stockers or all the way to Teamsters delivering goods produced by unionized factory workers?

 

Didn't get to watch much of it. Saw the clip of Yates virtually kicking Cornyn in the nuts, which was good. Looks as if Ted Cruz got schooled as well.

And seems as if the republicans had no interest in asking anything at all about Russia. Shocking.

Since Trump is shitting himself on Twitter, I'm guessing it overall it wasn't a great day for the White House.

 

This week in #FakeNews:

 

Correct. But profit margin and overall return -- say, return on invested capital -- aren't the same thing. Kroger, for example, returns around 9, 10%.

Consider this thought experiment: Suppose you rent a spot for a table in the mall for $100 a day. Somehow or another, every day you're able to convince 1,000 people to sell you $100 bills for $99. On the other side of the table, you're able to sell those $100 bills to other people for $100. Your profit margin is less than 1%, but you're making $900 a day (and depending on when you have to pay the rent, your return on investment could be damn-near infinite).