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Two-Thirds of America's Biggest Retailers Are Worried About Flat Wages

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Obdicut (Now with 2% less brain)10/16/2014 10:12:55 am PDT

re: #15 Rightwingconspirator

Given the obvious lack of wisdom in short term policies that favor quarterly profits over long term stability and real growth, why would they not?

Are you indulging in parody? Shareholders overwhelming have proven, over the past decades, to favor quarterly profits. There’s a lot of reasons for this, but one of the main things is that stock tend to be owned at a remove, through various funds, groups, etc. The only purpose that stock has is to make money for the fund: if they can cash it out, make money, and they reinvest, why wouldn’t they?

This is not speculation or anything, this is incredibly observably verifiable. If you want to read more on it: