A Quote by Jamie Johnson
Ironically, for the mega-rich, recession brings with it the ability to live well at a lower cost and with less of a hassle.
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It is well documented that brands that increase advertising during a recession, when competitors are cutting back, can improve market share and return on investment at lower cost than during good economic times.
Contrary to the rhetoric emanating from the American left, the 'rich' are currently paying a lot more than 'their fair share.' It is only a handful of mega-rich, those whose entire incomes are derived from dividends and capital gains, rather than salaries or business profits, who have the ability to pay lower tax rates than some members of the middle class. The left knows this but continues to build their 'freeloading millionaire' straw man because it makes good politics.
Lower interest rates are usually considered good for stocks because they lower the cost of borrowing and make bonds a less attractive alternative investment.
A recession is very bad for publicly traded companies, but it's the best time for startups. When you have massive layoffs, there's more competition for available jobs, which means that an entrepreneur can hire freelancers at a lower cost.
Funerals cost so much money, and are likely to be an additional source of stress in this recession - it's sad that we don't have a more humane, less commercialized way to approach burial.
I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.
At first it was the incomes of corporations, then of rich citizens, then of well-provided widows and opulent workers, and finally the wealth of housemaids and the tips of waitresses. This is all in line with the ability to pay doctrine. The poor, simply because there are more of them, have more ability to pay than the rich.
Unfortunately, in a recession, the people who suffer the most aren't the rich, but the wanna-be rich and the poor.
We need to lower the cost of healthcare and prescription drugs instead of making it easier for insurance companies to charge more for less inclusive coverage.
Without patience, we will learn less in life. We will see less. We will feel less. We will hear less. Ironically, rush and more usually mean less.
The community of developers whose work you see on the Web, who probably don't know what ADO or UML or JPA even stand for, deploy better systems at less cost in less time at lower risk than we see in the Enterprise. This is true even when you factor in the greater flexibility and velocity of startups.
Two roads diverged in a wood, I took the one less travelled I'm patient so that's one less hassle If I dream it, I can live it I've seen the light with vivid imagery I need to write with fits of energy But it's hard tryin' to get where I'm goin' Without a hint or an omen It's too late to turn around Perseverance, gotta learn it now But I'm stubborn how Am I supposed to survive this rollercoaster hurtlin' to the ground?
There are times when a market such as housing, transportation or the stock or mortgage market keep rising and people with capital want to join in this growth. Soon the markets become overheated, partly because of the abundance of investment money and speculation. This is when the government should raise interest rates and increase the cost of borrowed money. Governments are shy about doing this because it could cause the very recession. Yet this is the best time to do this so that the inevitable recession never reaches the magnitude of the recent Great Recession.
I will not rest until seniors get the cost-of-living adjustments they have earned and we lower the cost of prescription drugs.
I don't dream to be like mega crazy rich.
Factory farming came about from a moral race to the bottom, with corporations vying against each other to produce more and bigger animals with less care at lower cost.
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