Fastest Way To Wreck a Company ...

[MU82]

And I'll bring up Ballmer.  The best thing that ever happened to Microsoft in the last two decades was Ballmer buying Clippers and leaving Microsoft.  Getting him out of there made them relevant again.

Ballmer did not leave Microsoft to buy the Clippers.

He was nudged out the door in Feb 2014, after years of lackluster performance. The lackluster performance had nothing to do with him buying the Clippers, who weren't even on the market until after Donald Sterling made his fateful racist remarks in April 2014 and was forced to sell.

But yes, it did end up being fortuitous for Microsoft, as his successor, Satya Nadella, is a genius who realized that the cloud was the future.

It might end up being fortuitious for the Clippers, too. They were perennial underachievers -- and often laughingstocks -- under Sterling. They are legit NBA title contenders this season, as Ballmer brought in both Leonard and George.

Oh ...

And AAPL is almost $200 higher now than it was when you were telling us to run from it in the $90s.

[4everwarriors]

Crean sucks

[rocket surgeon]

Wages certainly aren't up any significant amount.

so how much is a significant enough amount for you?  when was the last time they even went up a "significant amount"?  you'd be complaining if they were hanging you with a new rope

[TSmith34, Inc.]

Oh, you people with your facts and data and information! Heisy is not interested! He has a political axe to grind so he'd like you to focus on that please.

He wants you to understand that a Democratic hedge fund manager is terrible, TERRIBLE, TERRIBLE, so please just focus on that part of the presentation and don't dig too much into the actual facts.

[The Sultan]

so how much is a significant enough amount for you?  when was the last time they even went up a "significant amount"?  you'd be complaining if they were hanging you with a new rope

Wages, when adjusted for inflation, by some measures finally reached pre-2008 levels earlier this year.  It's been a very slow recovery.

[MUfan12]

So is this why Mark A won't pry the wallet open to find the Crew an arm?

[Cheeks]

Wages, when adjusted for inflation, by some measures finally reached pre-2008 levels earlier this year.  It's been a very slow recovery.

Inflation has been low, wage growth has to be put in perspective.  Tech has also replaced some jobs, etc.

[The Sultan]

Inflation has been low, wage growth has to be put in perspective.  Tech has also replaced some jobs, etc.

Inflation has been low.  But over the past ten years, the CPI has gone up 20%.  If wages have largely just risen to 2008 levels, that means everything is relatively more expensive. 

[rocket surgeon]

Inflation has been low.  But over the past ten years, the CPI has gone up 20%.  If wages have largely just risen to 2008 levels, that means everything is relatively more expensive.

So raising the minimum wage wasn't good enough?  Might as well just pay everyone $50/ hour...that ought to do it, no what the...might as well make it $100...ya wanna know when everything was stagnant and stayed stagnant at best was thru 2016.  Any movement up now, as it has, is going to be gradual, but it's the first appreciable move up in a while

[Heisenberg]

Oh, you people with your facts and data and information! Heisy is not interested! He has a political axe to grind so he'd like you to focus on that please.

He wants you to understand that a Democratic hedge fund manager is terrible, TERRIBLE, TERRIBLE, so please just focus on that part of the presentation and don't dig too much into the actual facts.

So much billionaire love here.  Must be a republican convention.

You are all invited to my wine cave.

[TSmith34, Inc.]

So raising the minimum wage wasn't good enough?  Might as well just pay everyone $50/ hour...that ought to do it, no what the...might as well make it $100...ya wanna know when everything was stagnant and stayed stagnant at best was thru 2016.  Any movement up now, as it has, is going to be gradual, but it's the first appreciable move up in a while

???  The Federal minimum wage hasn't changed since 2009.  WTF are you talking about?

[The Sultan]

So raising the minimum wage wasn't good enough?  Might as well just pay everyone $50/ hour...that ought to do it, no what the...might as well make it $100...ya wanna know when everything was stagnant and stayed stagnant at best was thru 2016.  Any movement up now, as it has, is going to be gradual, but it's the first appreciable move up in a while

I don't think I have mentioned anything about minimum wage. I have simply mentioned that wages haven't kept up with inflation.

[The Sultan]

So much billionaire love here.  Must be a republican convention.

You are all invited to my wine cave.

Probably should have just stayed away and taken the L.

[rocket surgeon]

???  The Federal minimum wage hasn't changed since 2009.  WTF are you talking about?

you view everything thru the federal gov't?  if they didn't do it, it didn't happen??  scary!  thank God the feds haven't touched it!

[dgies9156]

Allegis Group, owned by Baltimore Ravens owner Steve Biscotti, has seen its revenues grow 113 percent over the past decade.

Wasn't Allegis the name for United Airlines' holding company in the 1980s, when United owned the airline, Westin Hotels and Hertz? I think so.

[jonny09]

Allegis Group is a privately held staffing firm.  Mostly goes under the name Aerotek. 

[jesmu84]

I don't think I have mentioned anything about minimum wage. I have simply mentioned that wages haven't kept up with inflation.

*Some* wages haven't kept up. While others have soared. See workers vs execs

[TSmith34, Inc.]

you view everything thru the federal gov't?  if they didn't do it, it didn't happen??  scary!  thank God the feds haven't touched it!

Fail

[The Sultan]

you view everything thru the federal gov't?  if they didn't do it, it didn't happen??  scary!  thank God the feds haven't touched it!

It should have been indexed to cost of living from day one. 

[dgies9156]

Inflation has been low.  But over the past ten years, the CPI has gone up 20%.  If wages have largely just risen to 2008 levels, that means everything is relatively more expensive.

Brother Fluffy, you obviously weren't alive in the 1960s and 1970s. We'd of killed for this kind of inflation back then.

[The Sultan]

Brother Fluffy, you obviously weren't alive in the 1960s and 1970s. We'd of killed for this kind of inflation back then.

I was alive and understand completely what you are talking about.  But that's not really relevant to my point at all. 

[Cheeks]

???  The Federal minimum wage hasn't changed since 2009.  WTF are you talking about?

I see more Seattle restaurants announced closure in WSJ article this past week....tough economic times up there?

[Cheeks]

you view everything thru the federal gov't?  if they didn't do it, it didn't happen??  scary!  thank God the feds haven't touched it!

Article today from Axios, wages up highest in 10 years


https://www.axios.com/wage-increases-workers-2019-high-low-skill-5208fb9f-20c2-486a-b572-fc20737546f3.html

[The Sultan]

Article today from Axios, wages up highest in 10 years


https://www.axios.com/wage-increases-workers-2019-high-low-skill-5208fb9f-20c2-486a-b572-fc20737546f3.html

Not what the article says.

[TSmith34, Inc.]

I see more Seattle restaurants announced closure in WSJ article this past week....tough economic times up there?

Restaurants sometimes close?  Stunning!