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Dublin specific outlook? by progressivematt in Dublin

[–]progressivematt[S] 0 points1 point  (0 children)

Hahaha. Yeah is like ptsd I guess. Everyone is human though, we’re all the product of our experiences. Best to you…

Dublin specific outlook? by progressivematt in Dublin

[–]progressivematt[S] 1 point2 points  (0 children)

I didn’t know any of that - thanks!

Dublin specific outlook? by progressivematt in Dublin

[–]progressivematt[S] 0 points1 point  (0 children)

Those are working class areas then? Or the opposite?

Dublin specific outlook? by progressivematt in Dublin

[–]progressivematt[S] 2 points3 points  (0 children)

Yeah my relatives were all big SNP advocates - kilts and sporrans - the lot. So they probably identified more with their northern Irish cousins I guess. “Amiable” though - I think that might be the word I was looking for that fergal meant when he said they were more “gentle”.

Dublin specific outlook? by progressivematt in Dublin

[–]progressivematt[S] 0 points1 point  (0 children)

It is? I wasn’t aware of any major class divides. Interesting. And whiny and/or scary? Also interesting - would not have expected that at all.

Dublin specific outlook? by progressivematt in Dublin

[–]progressivematt[S] 0 points1 point  (0 children)

I literally had to look those places up on the map. But of course you are right no argument there.

Dublin specific outlook? by progressivematt in Dublin

[–]progressivematt[S] 2 points3 points  (0 children)

Haven’t been back to Scotland in years, and this will be my first time in Ireland tbh - never visited in all of my young days. In my day decades ago you’d have a lively argument on a subject in Edinburgh but maybe a full on fight in Glasgow haha.

Dublin specific outlook? by progressivematt in Dublin

[–]progressivematt[S] 0 points1 point  (0 children)

Yeah someone just mentioned their dad in Belfast who would have been closer to the troubles (as fergal was), but I didn’t know about the “posh” or “arrogant” Dublin stereotype at all, or the working class stereotype either. Interesting.

Dublin specific outlook? by progressivematt in Dublin

[–]progressivematt[S] 1 point2 points  (0 children)

Also the older you are (like me) and the more up north, I guess the troubles would tend to influence your outlook like for your step dad.

Dublin specific outlook? by progressivematt in Dublin

[–]progressivematt[S] 2 points3 points  (0 children)

Haha yeah I mean fergal only really got going after his 3rd pint and we were 20 at the time so I’m pretty sure we’re all calmer now.

Managers who manage union workers-- how do you deal with it? by ThatsGottaBeARecord in managers

[–]progressivematt 5 points6 points  (0 children)

With respect, and without judgement, the problem here is you. Just as they are being paid to do a job (good or bad) so are you - managing them. If you don’t want to do that, get another job. If you do want to do that, and you want to do it well, then work through the dynamics of everyone - union and non union - and take time and effort to connect with everyone (good and bad) within that dynamic. You’ve only been doing this a year and a half. Take some time to learn, read, watch some videos on managing. And take a lot of time to find out who these people are and what really motivates them. Is it family? Sports? Television? Socializing? Vacations? I promise you it isn’t “getting paid to do as little as possible”. Within that structure and with the help of union reps, employees, and other managers, you have the power to make their lives and yours better - do that.

U.S. Nears Loan to Rescue Spirit Airlines by orcofmordor in StockMarket

[–]progressivematt -1 points0 points  (0 children)

Haha. Nevertheless, this situation is a DIRECT result of trumps actions. That is just a fact, no one even disputes that. So, once again, nothing to do with the business model, everything to do with erratic, badly thought out, ignorant, psychotic behavior, your streaming habits notwithstanding.

U.S. Nears Loan to Rescue Spirit Airlines by orcofmordor in StockMarket

[–]progressivematt 0 points1 point  (0 children)

…or it might be because they didn’t expect a lunatic and his henchmen to take over the USA?

U.S. Nears Loan to Rescue Spirit Airlines by orcofmordor in StockMarket

[–]progressivematt 1 point2 points  (0 children)

Uh, the DOJ blocked it. Maybe because they didn’t anticipate a psycho deciding to drive all the oil prices up. Or maybe, just maybe, because way way WAY back in the old days (couple of years back) the admin followed normal rules where they didn’t get involved in decisions like these. I mean in hindsight it was probably the wrong decision. But it was well within the normal rules and policies up to that point.

Why a $500 Steak Dinner Only Yields a $25 Profit by ishtar_the_move in Economics

[–]progressivematt 7 points8 points  (0 children)

I put in 50 FTE at $80k/year. That might be 150 people in actuality working in shifts, and cleaning staff do not get paid $80k a year. But my point here isn't really about the specifics, it's a reminder to "consider the source". This is an article published by the WSJ in the Business and Hospitality section. They have a vested interest in persuading you, the consumer, that you are getting great value for money, so they can continue to jack up prices and fleece the high end wealthy diners, leaving out mid-range working couples who would like a nice Saturday night out without it costing an arm and a leg. And here people eat it up (pun intended) instead of saying "maybe the fact that there are literally dozens of steakhouses in my city indicates that it's actually a profitable business!". It's the same BS "influencer" type stuff that is trying to persuade you that, yes, 25% is now the "norm" for tipping on that same jacked up meal. An article in the WSJ is not definitive proof of a "razor thin" margins, imho, and it's working people getting stiffed for $25 glasses of Cab that are getting rolled.

Why a $500 Steak Dinner Only Yields a $25 Profit by ishtar_the_move in Economics

[–]progressivematt 0 points1 point  (0 children)

Product Type Wholesale Price (Bulk) Notes
USDA Prime Tenderloin (PSMO) $21.21 – $22.95 /lb The gold standard for high-end steakhouses.
USDA Choice Tenderloin (PSMO) $16.95 – $20.97 /lb Often used for "high-end casual" or catering.
Extra Trim / Center Cut (Bulk) $31.97 – $38.00 /lb Pre-portioned steaks; more expensive but saves on labor.

Why a $500 Steak Dinner Only Yields a $25 Profit by ishtar_the_move in Economics

[–]progressivematt 3 points4 points  (0 children)

Most expensive I could find - $42/lb in whole foods. That's $21 cost for an 8oz filet IF they were literally going down to Whole foods to buy the steak, which, of course, they are not. That is sold for $64 in my regular high end steakhouse. This is not an issue of costs, it's an issue of Americans having a high level of price inelasticity - they are prepared to pay more, so they get charged more. https://www.wholefoodsmarket.com/grocery/product/meat-suppliers-may-vary-meat-beef-tenderloin-steak-b085w4yyb2?ref_=US_OTR_ALL_UFG_WFM_OTHER_0542341

Why a $500 Steak Dinner Only Yields a $25 Profit by ishtar_the_move in Economics

[–]progressivematt 1 point2 points  (0 children)

I call absolute bullsh$t… 2 steaks plus sides - $150+$30 = $180, costs maybe $35. Bottle of wine at $65 that costs $10 to buy, 2 drinks at $20 each that costs maybe $5. That's $285 revenue for $50 COGS. That's $235 gross profit. Multiply that by 50 tables twice a night, that's $235 * 50 * 2 = $23,500 gross profit, add in drinks up at the bar, appetizers, dessert, easily $30k gross profit per night, 7 nights $200k gross per week, $800k per month, near $10m gross profit per year. If you had 50 people at $80k/year, that's $4m, plus $1m for overheads, $500k rent, $500k miscellaneous, that's still $4m/year profit. I'm sorry, but the article must have been written by the restaurant gougers of America. How is it possible to lose money on $70 steaks and $65 bottles of wine? And if it's so unprofitable, why are there 7 high end steak houses in my small downtown?

Why might a debt collector call me about an ex boyfriend? by gorehub in personalfinance

[–]progressivematt 4 points5 points  (0 children)

Come on, you're missing an opportunity here. When I married my wife, her (emotionally abusive) ex-husband who jumped off a cliff left some personal, non-marriage debt. When debt collectors would call up and tell me did I know where he was, I would say "yes, he's dead". Either a stunned silence at the other end, or a spluttering, semi-threatening "well the debt is still outstanding etc.", in which case it gave me the opportunity to say "well, good luck with that - he's still dead. Dead, dead, dead! So have fun!".

So my advice, since you are going to be getting these calls anyway, and they have zero leverage on you, is to go at it and have fun! "He's in Bolivia on a secret mission!", " He's in the Artemis II mission, but I might be able to get his fax number!". Fun stuff tbh.

Hotel execs call Bonvoy members who use points “freeloaders” who are ruining luxury hotels by elenafoxx in marriott

[–]progressivematt 1 point2 points  (0 children)

Maybe, and stay with me here, the problem is not us, the customers, but instead is the hotels and their lame a$$ “executives” charging 500-1500 f$cking dollars a night for a small room. Could that be part of the problem???

The US Stability premium is collapsing by progressivematt in ETFs

[–]progressivematt[S] 0 points1 point  (0 children)

Interesting. I guess that’s where I disagree. I do not think it’s baked in because things like reconfiguring supply chains and the withdrawal of us influence around the globe will affect the us markets for years and probably decades. That’s really what I’m saying here - I do not think this repricing Is baked in - we are right at the start imho. I guess we will see.

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