I agree with you, Sometimes I wonder if the following is what's happening. If there's a 25% profit margin based on conditions for the year then a small guy making $100,000 gross makes $25,000 and gets a job in town. The large guy with say a $400,000 gross gets a $100,000 profit (buys new equip. toys etc like all of us would). Conditions change and there is only a 5% profit the next year. The guy with the $100,000 gross makes $5,000. wonders if it's worth doing and gripes/complains can't afford to fix his 40 year old equip. The large guy gets a $20,000 profit, tightens the belt a bit and borrows from the bank for the year if he has too. Things will be fine again in a year or two when profits are back around 20-30%. I think we often forget that in a business it's all about the profit margin. If the tiny profit margin is off of a large sum it is still enough actual money to live off of. The jealousy and frustration comes in that most of us didn't inherit and will not in a lifetime of working get the equity it takes to live off of a %5 profit margin. That's life....
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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