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Thread: FACT CHECK: Health insurer profits not so fat

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    Re: FACT CHECK: Health insurer profits not so fat

    Quote Originally Posted by PeteEU View Post
    Yes it can come in one end and go out the other end. Increased revenue does not automatic mean "better times".
    No, it doesn't, although decreased revenues is a guarantee of, "not so good times".



    But that has nothing to do with increased revenue. Time and time again, we see companies with increased revenue and profit lay off people. Laid off people do not go out and spend more.

    Plus increased revenue does not mean increased profit.
    Where do you get that from?...

    1. I've never seen a prosperous company lay people off. If a company is producing more goods and services, they're going to need all their employees to handle the increase in business volume.

    2. The only way that increased revenue won't mean inreased profit, is if there is some sorta catastrophic shortfall that wasn't foreseen, or, the company was orginized in such a way to not make money, to begin with.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: FACT CHECK: Health insurer profits not so fat

    Quote Originally Posted by winston53660 View Post
    Oh yeah I agree a positive cash flow is definitely needed but with out credit availability the economy will stagnate.
    No, it will not stagnate.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: FACT CHECK: Health insurer profits not so fat

    Quote Originally Posted by winston53660 View Post
    Oh yeah I agree a positive cash flow is definitely needed but with out credit availability the economy will stagnate.
    Exactly. One of the reasons Africa is poor and remains poor is the total lack of credit for business and ordinary people (relatively speaking). In fact the UN and others have promoted "mirco credit" to poor local farmers and especially women who then have used the money to start very successful local business. Once the credit was available then the local economy grew and people became richer. Without it, it was the same old same old.
    PeteEU

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    Re: FACT CHECK: Health insurer profits not so fat

    Quote Originally Posted by Goldenboy219 View Post
    Answer a quick question: Why is it when a large business has a neutral cash flow, and their credit availability diminishes, the firm will most likely lay off employees?
    I'm not talking about companies that break even, or show a loss. You're talking about two different animals.
    Quote Originally Posted by Top Cat View Post
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    Re: FACT CHECK: Health insurer profits not so fat

    Quote Originally Posted by Goldenboy219 View Post
    BULL****!!!!!!!!!

    Future income expectations is the main determinant in purchasing decisions. Otherwise, what is the point of credit if you already have the cash in hand?
    I'm not talking a company. I'm talking about private citizens.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: FACT CHECK: Health insurer profits not so fat

    Quote Originally Posted by apdst View Post
    No, it will not stagnate.
    With out credit business will refuse to invest in new technologies, labor, take risks.

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    Re: FACT CHECK: Health insurer profits not so fat

    Quote Originally Posted by apdst View Post
    I'm not talking a company. I'm talking about private citizens.
    And with out credit people will not invest in big ticket items.

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    Re: FACT CHECK: Health insurer profits not so fat

    Quote Originally Posted by apdst View Post
    No, it doesn't, although decreased revenues is a guarantee of, "not so good times".
    Not necessarily. Say for instance a major component production has a positive supply shock, where the cost has diminished accordingly. Due to the competitive nature of firms, a decrease in price is necessary.

    1. I've never seen a prosperous company lay people off. If a company is producing more goods and services, they're going to need all their employees to handle the increase in business volume.
    I witnessed it last year. When credit availability froze, a whole slew of prosperous firms were forced to either reduce variable costs, or sell assets to pay for fixed costs.

    2. The only way that increased revenue won't mean inreased profit, is if there is some sorta catastrophic shortfall that wasn't foreseen, or, the company was orginized in such a way to not make money, to begin with.
    Or.... If the respective firms level of production created diminished marginal returns from labor, i.e. the cost increased relative to the output.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: FACT CHECK: Health insurer profits not so fat

    Quote Originally Posted by apdst View Post
    I'm not talking a company. I'm talking about private citizens.
    As am i. If a family loses its primary source of income, and all they have to purchase necessities is their credit card, i highly doubt they are going to starve because they dont have the money that month....
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: FACT CHECK: Health insurer profits not so fat

    Quote Originally Posted by apdst View Post
    I'm not talking about companies that break even, or show a loss. You're talking about two different animals.
    No, lets assume the demand for a firms product does not decrease, although their credit availability does. They will have to reduce variable costs in some fashion.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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