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re: I’m convinced Bernie Sanders does not grasp the idea of profit margins
Posted on 5/24/19 at 8:29 pm to HailHailtoMichigan!
Posted on 5/24/19 at 8:29 pm to HailHailtoMichigan!
quote:
He throws out all these huge profit numbers on twitter for Walmart, McDonald’s, etc and neglects to mention these are huge companies that employ millions.
Surely his followers understand how misleading he is.
Also, why does somebody who invests in a business not deserve some of the proceeds?
In Bernie’s world, investors shouldn’t have returns
What you’re describing is more like net profit than profit margin. Profit margins are typically before personnel expenses and such.
So to your point, his followers probably understand profit margins even less.
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