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Dan Price
DanPriceSeattle
There is no connection between the stock market and reality.A thread:1. Airlines spent 96% of free cash flow on stock buybacks for a decade, then cut 90,000 jobs as soon
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You know what would really help me as a small business owner?Universal health care. We spend millions on premiums that enrich insurance companies.Went on Fox to make this case and
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6 years ago today I raised my company's min wage to $70k. Fox News called me a socialist whose employees would be on bread lines.Since then our revenue tripled, we're
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CEO to median worker pay ratioRoss: 1,059 to 1Chipotle: 1,136 to 1GameStop: 1,137 to 1KFC/Pizza Hut/Taco Bell: 1,413 to 1Dick's: 1,487 to 1Gap: 1,558 to 1Coke 1,657 to 1Starbucks: 1,675
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A record number of companies are headed to bankruptcy. Most are doing massive layoffs and may not survive. How are there execs doing? A threadHertz: Gave execs $16M in bonuses,
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How dire are things for small businesses?My company processes credit card payments for small business. In the last week we've lost $425,639 in revenue - just from our small cut
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Bank of America is blocking small businesses from getting COVID loans/grants unless they've borrowed from BofA before. Other banks will follow suit.Why? Banks want to ensure small biz with prior
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