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| Topic | Lol @ conservatives melting down over college athletes getting paid |
| Anteaterking 11/02/19 12:09:29 PM #55: | Damn_Underscore posted... What are you even talking about? Universities are non-profit. non-profit doesn't mean revenue neutral. My alma matter's athletic department just had a $6.6 million profit last year, even after accounting for all of the accounting tricks that they use to incur more "expenses" or limit profits, such as selling tickets at face value but giving priority based on donations to "the foundation". Esrac posted... It sucks for the consumers and employees, but there is nothing weird about it. I'm not saying it's weird for a company to act that way, I'm saying it's weird for the public to accept that and blame the people passing legislation, rather than blaming the company. As an example, a decade ago I worked at Walmart. Their profits last year were 500 billion dollars. If in response to a minimum wage increase they were like "I guess we're raising the costs of all of our products", your response shouldn't be "**** you lawmakers", it should be "**** you Walmart, you have way more than enough revenue to cover this". --- ... Copied to Clipboard! |
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