Originally Posted by
hemaybedid
This has become like discussing religion or politics. More likely influenced by the latter on your parts. On my part, I stand by my opinions based on my understanding of basic economics. And ZDUB, I'm not joking!
My opinions are based on a historical perspective of reality. What you're describing would be great for short-term profits. But, I can assure you, destroying your customer base by stabbing them in the back and undercutting them is that worst way to improve profits in the long-term. You know the economic policies the left tends to favor. It's more in-line with my thoughts, and based on a historical perspective of reality. Without posting anything political on this forum, just check this out if you want to understand where my opinions come from:
http://www.nytimes.com/2008/08/31/business/31view.html
-Article by Alan S. Binder: professor of economics and public affairs at Princeton and formal vice chairman of the Federal Reserve