Glock Forum - GlockTalk banner

1 - 20 of 116 Posts

·
Horselover Fat
Joined
·
34,908 Posts
Discussion Starter · #1 ·
With a history going back to 1881, the Michigan Maple Block Co. has long been a reliable fixture in the small northern town of Petoskey.

On its website, the family-owned company boasts of having invented the laminated butcher block and that its products grace the Getty Museum in Los Angeles and the Waldorf-Astoria in New York. And yet by early July it will be shutting its Petoskey factory and cutting loose all 56 workers at one of the few year-round businesses in the Lake Michigan tourist town.

The economic carnage caused by the coronavirus outbreak has torn through Michigan Maple’s already slim profit margins and made it impossible to continue as a viable business, company President Ann Dau Conway said in a letter to staff. “My family has operated Michigan Maple Block through many adverse economic time periods including two world wars, the Great Depression, and multiple recessions. I am saddened that the mounting challenges the business faces today have compelled us to close the Company,” she wrote.

....... In an American economy negotiating a downturn that is already being likened to the 1930s Great Depression, with data on May 8 expected to show more than 20 million Americans lost their jobs in April, the story of Michigan Maple and its 56 workers is easy to ignore. It should, though, be a warning for those trying to figure if and when the U.S. economy can stage a full recovery from an induced coma......

https://www.bloomberg.com/news/arti...irus-layoffs-are-turning-permanent-around-u-s
 

·
Banned
Joined
·
547 Posts
Unemployed folks make cheap laborers.
This always works perfectly for giant monopolies.
This is what all this COVID-19 scare and panic about: to destroy small businesses, to remove competitors, to lower salaries, to raise prices.
Worldwide.
 

·
Registered
Joined
·
11,125 Posts
Couple that with the re-organizations that are going on, with the ones that are left, it won't be good.
But the BLS will fix it.
 

·
Registered
Joined
·
8,844 Posts
This is what all this COVID-19 scare and panic about: to destroy small businesses, to remove competitors, to lower salaries, to raise prices.
Yeah, gas is getting extremely expensive these days.

If someone said that you were full of hot air, how would you prove them wrong? Who exactly wants to destroy small businesses? Capitalists or anti-capitalists? Did Sam Walton rise from the grave? Give us some names and some proof of your dark conspiracy please.

I can only shake my head and laugh at the endless parade of doom and gloom, Chicken Little and conspiracy threads on GT. We seriously need a sticky listing the dozens of them each week.
 

·
Registered
Joined
·
12,697 Posts
I would say they are using this as an excuse for poor management. I went to their website and they do not sell anything on it only direct you to eBay with no listings. Found their stuff on Amazon and the price is absurd. I would like something like that but not for $94 for a stupid cutting board.
 

·
Registered
Joined
·
2,010 Posts
Unemployed folks make cheap laborers.
This always works perfectly for giant monopolies.
This is what all this COVID-19 scare and panic about: to destroy small businesses, to remove competitors, to lower salaries, to raise prices.
Worldwide.
It's almost like Ross Perot was a prophet.
 

·
Registered
Joined
·
25,913 Posts
I will go way out on a limb --

Any business that was well managed and has a product or service that is wanted & needed should be able to survive this covid-19 situation.

But even if they can't - reorganization under bankruptcy will allow them a second chance

The only exception would be a very new company - one just starting up - they are as good as dead.

If you have been in business 20 years and actually had a viable company, efficiently making stuff people want to buy - and are not up to your eyeballs in debt - no reason you can't manage through this.
 

·
Sarcasm Inc.
Joined
·
16,491 Posts
Amazon keeps getting bigger, I'm waiting for it to collapse from getting to big to fast
 

·
Registered
Joined
·
5,341 Posts
Coming attractions, perhaps?
unemployment.jpg

"Who exactly wants to destroy small businesses?" How about democrats, leftists, marxists, communists, statists, socialists, progressives, antifa, green party. BTW, what is compulsory closing if not implicit destruction? What is the arbitrary distinction between "essential" and "non-essential" business if not an effort to destroy some unworthy business?
 

·
Registered
Joined
·
8,523 Posts
Unemployed folks make cheap laborers.
This always works perfectly for giant monopolies.
This is what all this COVID-19 scare and panic about: to destroy small businesses, to remove competitors, to lower salaries, to raise prices.
Worldwide.
Are you stating that large companies perpetuated the scare to destroy small business and lower salaries?
 
  • Like
Reactions: Rizzo

·
Horselover Fat
Joined
·
34,908 Posts
Discussion Starter · #12 ·
It’s time for Pollyanna to take off those rose-colored glasses. Last time unemployment broke over 20%, we had a Great Depression. They’re predicting for April 16%-18%. Of course we’ll fight and claw our way back, but it won’t happen overnight! Prepare for a rough couple of years ahead.
 

·
Registered
Joined
·
1,190 Posts
Yeah, gas is getting extremely expensive these days.
If someone said that you were full of hot air, how would you prove them wrong? Who exactly wants to destroy small businesses? Capitalists or anti-capitalists? Did Sam Walton rise from the grave? Give us some names and some proof of your dark conspiracy please.
I can only shake my head and laugh at the endless parade of doom and gloom, Chicken Little and conspiracy threads on GT. We seriously need a sticky listing the dozens of them each week.
Uh... gas is up 35 cents a gallon just the past week here.

IV
 

·
Registered
Joined
·
1,190 Posts
I will go way out on a limb --
Any business that was well managed and has a product or service that is wanted & needed should be able to survive this covid-19 situation.
But even if they can't - reorganization under bankruptcy will allow them a second chance
The only exception would be a very new company - one just starting up - they are as good as dead.
If you have been in business 20 years and actually had a viable company, efficiently making stuff people want to buy - and are not up to your eyeballs in debt - no reason you can't manage through this.
I'm that guy... over twenty years in business. No debt... and orders to be filled.

So what's the problem? My supply chain. The industrial sewing companies that supply for me are all too busy sewing masks and PPE gowns. I've been a customer for over 14 years with one of them and I can't twist his arm into sewing one order for me.

I've got the orders.... but no product to send out.

IV
 

·
Banned
Joined
·
547 Posts

·
Registered
Joined
·
6,326 Posts
Yeah, gas is getting extremely expensive these days.

If someone said that you were full of hot air, how would you prove them wrong? Who exactly wants to destroy small businesses? Capitalists or anti-capitalists? Did Sam Walton rise from the grave? Give us some names and some proof of your dark conspiracy please.

I can only shake my head and laugh at the endless parade of doom and gloom, Chicken Little and conspiracy threads on GT. We seriously need a sticky listing the dozens of them each week.

It's the oxymoron of the "Incompetent Evil Genius ".

In the real world you could be one or the other, but in Conspiracyland you get to be both.
 

·
Registered
Joined
·
25,913 Posts
I'm that guy... over twenty years in business. No debt... and orders to be filled.

So what's the problem? My supply chain. The industrial sewing companies that supply for me are all too busy sewing masks and PPE gowns. I've been a customer for over 14 years with one of them and I can't twist his arm into sewing one order for me.

I've got the orders.... but no product to send out.

IV
So will your survive this without bankruptcy?
 

·
Banned
Joined
·
547 Posts
The gas prices are low only because of the dramatically low demand on it due to the collapse of thousands of small businesses and massive unemployment.
 

·
Registered
Joined
·
8,523 Posts
how does that work?

Large companies want to put small companies out of business so,
people lose jobs,
large companies can employ them at lower wages.

You also said that the large companies can now raise prices.

Who's left to buy their product?

All business, large and small, benefit from a vibrant middle class.
 
1 - 20 of 116 Posts
Top