From: Gruss Gott [mailto:[EMAIL PROTECTED] > Adam wrote: > efficiency strived for, it typically means a higher end cost to the consumer > to create that profit margin. > > "Typically"? Like which industries?
Any, I think, because the same principles apply. The typical way to create a maximum profit margin is to lower costs as much as is feasible (but this hits a point of diminishing returns rather quickly), then raise the price to the maximum allowed by law, pricing point for the target market, or pain point of the purchaser. If you don't do this (basically) in an American corporation, your board of directors are under an obligation to replace you with someone who will. The corporate incentive is profit, driven by the desires of shareholders and the law of the land; government incentive is to hold prices down enough to get someone elected, but high enough so that sufficient pad can be diverted for private gains (mostly illegal) or favorite programs kept on the hush-hush. > I couldn't disagree more. It's the profit motive AND fair and free > markets that drive efficiency, choice, and innovation. > Gov't's role should be solely confined to providing free and fair markets. I wish such a simple and straightforward model were the whole truth, but I don't believe it is. In fact, if it were just America I would agree with you, but when you widen the scope to the world economy then we have to face the reality that they are playing by different rules that give the other guys a prima fascia advantage. > BTW, travel?? Air travel costs have dropped like a rock since > deregulation while choice has skyrocketed. How's AMTRAK doing? And the more this happens, the lower the quality of service, both to the passenger and to the maintenance of the aircraft in Costa Rica, which is where just about every airline outsources its maintenance these days. Amtrak? I don't think I know anyone who has taken a non-municipal train within the past thirty years. I know Whoopi Goldberg doesn't fly, but that's about it. Respectfully, Adam Phillip Churvis President Productivity Enhancement ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Download the latest ColdFusion 8 utilities including Report Builder, plug-ins for Eclipse and Dreamweaver updates. http;//www.adobe.com/cfusion/entitlement/index.cfm?e=labs%5adobecf8%5Fbeta Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:243232 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
