Or the recent cheap-shots that AV8OR uses in his/her posts. Too bad you're obsessed with something that isn't true... But don't let me slow down your march toward cheapness.
residenttroll wrote: Profits of a small business in Conifer surges from the start of 2009 to mid-2010, reports the High Timber Times. Local business owner, Looney Jerk says, "my profits were $ 1000 in 2009. This year I am going to make $1620 or 5% profit." When asked how see was able to surge in profits, Looney Jerk said, "I laid off half of my staff." "Yes, I am doing more with less. But my profits surged 62%."
When asked about her 2011 plans, she commented, "I don't plan to rehire my staff, my medical insurance rose by 25%." She commented, "If my profits stay the same in 2011, I will see a 25% less profits because of health insurance which I don't mind, I support Obamacare." When asked if her total health insurance costs only went up $ 405 per year? She commented, "No my insurance costs will cost another $ 120 per month."
John Smith, Professor of Business Administration at University of Hard Knocks noted, "Looney Jerk will see minimal profits in 2011 unless she grows her business. The 25% increase in health care costs represent 88% of her profit margin and increases her annual expenses by $1440. Smith pointed out, "to replace the $ 1440 in profits, Looney Jerk will need to grow her business by an additional $ 30,000 per year, or a 100% increase, at a 5% profit margin." John Smith further noted, "increase costs of energy, insurance, and costs of good are expected to rise over the next several months which will further erode the profit margins."
Good one RT. much more entertaining than Looney Toons posts!
You forgot the part about her hiring a temp accountant from India to file all the additional 1099s she is going to have for her business. I think Achmed might know someone needing work.
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
Profit, or loss, is the product of accounting. Nothing more, nothing less. I worked for a man in Evergreen for many, many years and the conduits by which his profits could be manipulated to lessen his tax burden were truly a wonder to behold. Pay a bill early, and your profits for the period go down. Wait to pay that bill until the start of the next term and the profits, along with the tax bill, go up. How much profit the business earned depended upon what he wished to pay in taxes or what he wished to show the bankers when he wanted to purchase a new piece of equipment. If you lay off a number of employees and the revenues remain the same, the profit goes up. If your revenues also go up despite the number of employees you have laid off, your profits go up even more.
The funny thing about the wizards of Wall Street is that they know how to make money regardless of whether the market is going up in value or down in value. Soros made million by crashing the value of the British Sterling and instantly drastically devaluing the life savings of many Britons. His profits were most certainly up after that, but it would be a difficult thing to say that the profits were healthy for the nation as a whole.
