Here is your answer (as if you didn't know already):
"Many firms are relying on cuts to boost profits
Wall Street considers cost cuts and price increases as acceptable strategies for boosting profits. But they are something of a quick fix - eventually, companies run out of employees to cut and risk losing customers by hiking prices.
That's when they move to Mexico or China.
And they GOT THEIR $$$$, too!!!!
Some on Wall Street feel that tools like cost cutting and moderate price increases are exactly what CEOs need to weather an economic downturn. And so far, it appears to be working...."
And here is that bowl of shit you requested, Americans.
So is that how P&G made their loot?
"P&G posts sales increase of 10%
Procter & Gamble Co.the world's largest consumer-products company, posted fourth-quarter profit that rose more than analysts estimated and said earnings may increase as higher prices and the dollar's decline boost revenue."
Meanwhile, that MADE YOU POORER, American.
So how does that ass-fucking by corporate feel?
