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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (15925)	4/1/2010 7:52:19 PM
From: RetiredNow	3 Recommendations Read Replies (1) \| Respond to of 42652

Tim, you still don't get it. So I'll make this exceedingly simple for you with a metaphor. I'm a good CEO. Under my stewardship, I've managed to increase profits at our company steadily over the last 8 years. As I step down, Wall Street analysts and our CFO are forecasting 10 year profits of $5 billion. Then my successor takes over. He makes a series of bad decisions, allow spending to get out of control, engages in two costly price wars with competitors, decreases R&D which decimates our future product pipeline, and overall has ran the company into the ground. By the end of his 8 years of tenure, the stock price has plummeted and Wall Street analysts and the CFO are forecasting $5 billion in losses over the next 10 years. Some are recommending bankruptcy. So the question is, what is the net damage the last CEO did to the company? Answer: $5 billion projected profits to $5 billion project losses means a $10 billion swing in company fortunes. The actions of the last CEO could have realized the profits by executing properly, but he made a series of bad decisions and maybe some bad luck played a part and that resulted in a $10 billion swing. I really can't believe that you are so math challenged as to not understand this simple concept. I suspect instead that you are simply choosing to interpret the data a different way to fit your own opinions.