Selling socialism to socialists is good business. But, I wonder how hard their accountants and tax attorneys work at "tax avoidance"?
Let's face it both parties are socialist
One wants to tax the Rich the other the future
But but but how can that be? Trump said the NYT was failing.
Ya ever notice that people who support socialism have no idea what socialism is?
I remember reading how cel phones were a product of socialism.. Really.. From a socialist who claimed that without socialism, we would not have cel phones. Apparently, according to those who think that way, anytime people get together to produce something, that is "Socialism". But, it's really just an economic model that defines HOW people interact, and Socialism has a different, and by all measures flawed , approach than capitalism, which is largely responsible for the cel phone and it's improvements.
A lot of them think that anything paid for with tax dollars is a result of socialism. Even after you have explained to them why that's not true. So, what they really support is other people paying their bills.
And then you have people who think higher stock price automagically means the company is doing great.. And this is on a trading forum fer cryin out loud.
You just can't look at exchanges like these as anything more than entertainment.
NYT profitability since 2006.
https://www.macrotrends.net/stocks/charts/NYT/new-york-times/gross-profit