Today's PSA: (because, apparently, this is shocking to people). It's OK for corporations to make less money. It's OK for shareholders to receive less value.

No, they don't have to raise prices on their consumers. No, they don't have to cut wages or benefits. They're choosing to.

If your perpetually ascending profit model only works because you exploit your labor, then your profit model deserves no sympathy, fretting, or hand-wringing.

You can, and should, make less profit.

@Manigarm Similarly, the business model of "Only 10% year-over-year growth?? The company must be failing! Expect massive layoffs" is completely toxic.

It's okay to hold the line, or grow just with inflation.

@thedoh It's a completely bonkers re-definition of "success."