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Agreed. By the state, I meant the public. Tax money supports his paying people low wages and everyone is supposed to act like he's a captain of industry. Notic
by youdontknowtho 10y ago
Agreed. By the state, I meant the public. Tax money supports his paying people low wages and everyone is supposed to act like he's a captain of industry.
Notice that he didn't talk about his profit margins either. He'll be losing 200K out of what exactly?
- hueving 10y agoWhen someone says a business is operating at a 200k loss, that means it's not making any profits and it's losing money. It's a standard way to talk about a business.
- cmdrfred 10y agoThat often doesn't show the whole picture. Let's say Viacom operated at a 1 billion dollar loss, does that mean the CEO doesn't get paid? We would have to know how this business is structured to know if that figure means anything. 200k loss after the owners 500k salary could be the case here.
- hueving 10y agoOf course the salaries are part of a business's expenses. That still means the company is going to run out of money though. Basic math...