(no subject)

[digitaldiscipline]

If you support the modern GOP you really should read this article. You probably won't, but you should. bit.ly/pv6LYw

Comments

[hellsop.livejournal.com]

Here's a figure I use to visualize a 'small business' making a million dollars a year net. (It's a small point in the overall article, but matches something I was thinking about over the weekend anyway.)

A million a year net probably means about ten million a year in gross revenues. There's pyramid scams and things that have higher margins, but 10% is a nice round number. (For comparison, grocery stores, restaurants, convenience stores, the kinds of things that actually provide a LOT of jobs for their size, usually end up with margins around 1.5%-3%.) In order to make that gross revenue of $10,000,000 per year, to net the $1,000,000, that business has to have sales of $25,000-$30,000 PER DAY. If that were a gas station, that would be 1000 customers per day, enough to keep four pumps occupied *around the clock*. A line of customers at the oil-change place ALL THE TIME. A restaurant doing that kind of business would be going through 500 lbs of burger patties and a half a ton of french fries per day. You know those guys that have a Chevy dealership, a Ford/Mercury dealership, a Jeep/Chrysler/Subaru dealership, a Honda dealership, and a Toyota/Kia dealership, scattered all over a metro area? THAT'S what the bottom end of "small business" we're talking about.

[angledge.livejournal.com]

Thank you for putting this into terms I can actually visualize.

[angledge.livejournal.com]

I sent that link to my dad (he of the numerous & irritating email forwards). I hope he reads it.

[etcet.livejournal.com]

My dad sees my LJ posts on google buzz, and said basically "yeah, we need to get rid of all the assholes," which is at least a point on which we can agree (he's been drifting further right as I skew leftward)