Four Benefits of Profits


	Four Benefits of Profits

Rustee

6-8-2008 12:15 AM

207 views

tags:

economics

Rustee says:

Let's end the class warfare and just get rich off of other people getting rich. It's the American way, after all.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/08f33d8b-50eb-4a71-a462-606af15e2add/88A4BFA3-4C94-4CAA-8681-083D87FFE29F/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.theprometheusinstitute.org/politics/taxes/taxes_id-taxes/155-get-em-high-four-benefits-of-corporate-profits" href="http://www.theprometheusinstitute.org/politics/taxes/taxes_id-taxes/155-get-em-high-four-benefits-of-corporate-profits" style="font-size: 11px;">www.theprometheusinstitute.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theprometheusinstitute.org/politics/taxes/taxes_id-taxes/155-get-em-high-four-benefits-of-corporate-profits"><STRONG>1. They encourage entry into the market and create competition (because everyone and his company wants a piece)</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theprometheusinstitute.org/politics/taxes/taxes_id-taxes/155-get-em-high-four-benefits-of-corporate-profits"><P>This elementary piece of common sense is also an economic law that states that high profits, in general, tend to encourage competitive entry into a market. Where profits are made, in other words, competition generally follows. This is a good thing. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theprometheusinstitute.org/politics/taxes/taxes_id-taxes/155-get-em-high-four-benefits-of-corporate-profits"><P class="style2"><STRONG>2. The profitable ones can eat recessions for lunch </STRONG></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theprometheusinstitute.org/politics/taxes/taxes_id-taxes/155-get-em-high-four-benefits-of-corporate-profits">Declining sales for a year don't hurt when you're coming off of a decade of solid profit growth.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theprometheusinstitute.org/politics/taxes/taxes_id-taxes/155-get-em-high-four-benefits-of-corporate-profits"><STRONG>3. Where do you think wages, investment and research come from? A stork? </STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theprometheusinstitute.org/politics/taxes/taxes_id-taxes/155-get-em-high-four-benefits-of-corporate-profits">Every expense that the public would like businesses to freely make - research and development, sustainability, wages, vacation pay, health insurance, graduate school for employees, <EM>ad infinitum</EM> - all require the surplus revenues to support them.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theprometheusinstitute.org/politics/taxes/taxes_id-taxes/155-get-em-high-four-benefits-of-corporate-profits"><STRONG>4. Don't hate, participate</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.theprometheusinstitute.org/politics/taxes/taxes_id-taxes/155-get-em-high-four-benefits-of-corporate-profits">No matter the social value of profits, they will always directly benefit anyone who simply invests in the company who makes them.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/88A4BFA3-4C94-4CAA-8681-083D87FFE29F/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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