|
Your argument has been that these companies cannot afford to hire people at higher wages without raising prices. I'm simply pointing out that it's not the case.
A company like Ethan Allen is so profitable that they are not just putting out special cash dividends, but using their excess cash to juice the stock price at its high point. Two things you don't do if you're concerned about sustainability and profitability (like you said).
It's just debunked propaganda by people making 6 and 7-figure incomes who are upset that people won't work their garbage jobs for garbage pay. Like I said, there's no "labor shortage" in high-end executive positions for a reason.
|