this post was submitted on 16 Apr 2024
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Data is Beautiful

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A place to share and discuss visual representations of data: Graphs, charts, maps, etc.

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[–] Aux@lemmy.world -1 points 7 months ago (1 children)

The rest of Europe has some strict protectionist policies on food imports to prop up their own agricultural economies. UK is a net importer, so it gets to buy out of both the US and EU agriculture surplus.

Britain was part of EU just recently and still has the same policies for the most part. And being a net importer it means that prices should be higher. And they actually did increase after Brexit.

Fly over to the US and compare prices to Mexico

There's no point comparing two countries so far apart in economical development. The prices in Mexico are lower because Mexican labour is much cheaper. You should compare US to similar countries like Canada or European counterparts.

Some businesses have literally never turned a profit - Lyft, AirBnB, and Reddit

You misunderstand their business model. You are not a consumer of their product, you ARE the product. And their business model is not to turn profit on intercations with you, but to milk venture capital. The side effect is that their actual profit is not treated as profit from tax perspective, so they have free money essentially.

A company with a 10% profit margin in Year 1 that sees the marginal rate fall to 8% in Year 2 can’t necessarily raise prices to increase profits, because increasing prices will cut into sales volume.

A successful management will think in decades, not years. Just like a good investor. There are good years and there are bad years, but the balance sheet must workout in the end. Also businesses has plenty of other ways to increase profits: redundancies, wage stagnation, debt, etc.

All tax revenue must ultimately come from business revenues

A business is a virtual entity. No matter how you twist it, taxes are paid by people. A business can't pay shit, it's just a record in the Company House.

[–] UnderpantsWeevil@lemmy.world -1 points 7 months ago (1 children)

Britain was part of EU just recently and still has the same policies for the most part.

That's not true. In fact, it's a big part of the reason the UK economy has been melting down over the last few years

[–] Aux@lemmy.world -2 points 7 months ago (1 children)

Lol ook. Some random American knows better than a Brit. Ofc.

[–] UnderpantsWeevil@lemmy.world -1 points 7 months ago (1 children)

You don't need to be a Brit to know you've been in recession since February.

[–] Aux@lemmy.world -1 points 7 months ago (1 children)

Lol ook. Do you even follow the context? Or is it too much for an American?

[–] UnderpantsWeevil@lemmy.world -1 points 7 months ago (1 children)

My guy, get some sunshine and touch some grass. Things will turn around. You're finally going to do a pogrom on all the trans-folks in your country aren't you? That's always good for the economy.

[–] Aux@lemmy.world -1 points 7 months ago (1 children)

You insane? Call a doctor maybe...

[–] UnderpantsWeevil@lemmy.world 0 points 7 months ago (1 children)
[–] Aux@lemmy.world 0 points 7 months ago (1 children)
[–] UnderpantsWeevil@lemmy.world -1 points 7 months ago

Doctor says I'm fine, but recommends you touch grass