obvious Child

Where did your $100 million number come from? The sources you provided do not even mention the costs.

Second, just because someone doesn't agree with your view on immigration doesn't mean they are an activist for the other side. Your views on immigration have seriously large flaws as well having gapping holes. One doesn't need to be on the other side of the fence to see that.

Third, what makes you think Calderon is not spending money to create Mexican jobs? Last time I checked, he got through several major reforms to help the economy.

Awesome!

I told you the pant@@itting was going to start. Hopefully they realize they need to put pressure on their government due to the influx of illegals going back home.

Bodhisattva

Competitiveness is about profits.

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obvious Child

No it's not. Costco doesn't make as much as Walmart does. Yet it is a serious competitor to Walmart. Walmart has a higher profit margin then Tesco yet they are both highly competitive. You can actually make little profits and be very competitive. What competitiveness is about is cost.

Bodhisattva

Right. Cost.
More specifically... Lower cost.
Lower cost equates into more customers.
More customers equates into higher sales.
Higher sales equates into profits.

Merriam-Webster defines competition in business as "the effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms."

Competition drives down cost, increases technology and service in the effort to gain consumers that will buy your product over the competitor and this directly results in higher profits for the winning business.

So you have the first step... cost, but you are not integrating it into the bigger picture.

obvious Child

Not necessarily. Lower cost doesn't equate to more customers. Furthermore, some business models want very few customers. They derive their 'value' from being exclusive.

The last part isn't necessarily true. Higher profits don't necessarily come from being more competitive. You may be making less then you did before competition. Airlines for example. They have been making far less since deregulation.

And you don't seem to quite understand that high profits aren't the conclusion.

Bodhisattva

See, now your just trying to be cute.

In most cases, unless the business specifically sets it up so that lower costs with higher quality are not meant to equate to higher sales and higher profit... then lower costs with higher quality will equate to higher sales and higher profit.

If you were being intellectually honest, you would have conceded to my point displaying your error and/or simply acknowledged my point and expanded your original thought to include what you meant to say instead of what you wanted what you did say to mean, when in fact it did not.

Look, you were talking about highly competitive businesses that strive for the highest quality and lowest cost products for the singular effort of attracting the most customers so that they can arrive at the highest profit. Wallmart... Costco... Now you are trying to twist it to fit some other example so that you are still correct. Go ahead. Try.

Competition

Main Entry: com·pe·ti·tion
Pronunciation: \ˌkäm-pə-ˈti-shən\
Function: noun
Etymology: Late Latin competition-, competitio, from Latin competere
Date: 1579
1: the act or process of competing : rivalry: as a: the effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms b: active demand by two or more organisms or kinds of organisms for some environmental resource in short supply
2: a contest between rivals; also : one's competitors <faced tough competition>

competition - Definition from the Merriam-Webster Online Dictionary

It is simply the most common form of economic competition that there is and it is known as budget competition. You are seperating two concepts that are tied together in an effort to do... what?

There is no company nor any product in that world that is not competing against another company or product for people's dollars.
There is no company nor any product in that world that is not out to make a profit either... those that are are known as nonprofit organization and they are exclusively out to help with charities or the environment etc., hence the not for profit label.

So you acknowledge that, "you are not integrating it into the bigger picture" then?

Price elasticity involves a market or good that can either be described as elastic, or inelastic, by describing it's responsiveness to the proportionate change in another quantity and our illegal employees supply the demand vacuum quite nicely in the larger and smaller pictures.

I have used commonly accepted definitions, I studied economics at University, and I deal with these concepts daily as we own our own business. You have barely avoided stepping on your own toes thus far and unless you are able to display this illuminating insight of yours in a clear and concise manner, and in a way that refutes Rogues statements and that does not tie profit with competition in your grand scheme that is everything about profit and competition on a larger scale, well, I am afraid that we might reach an impass.