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To: BfloGuy
“It's true that consumers provide the money that supports a business”

Not necessarily so.
Many manufacturing business must forecast and gamble on
production quantity's.
They must inventory raw materials and parts and invest in equipment (which the government taxes) then produce their products and pay
their labor costs (Labor, insurance and taxes) before
their products are even shipped.

Then they must wait sometimes months before their paid
for their goods.

This is a financial gamble
and why it takes capital to do so.

32 posted on 07/15/2012 4:32:15 PM PDT by DaveTesla (You can fool some of the people some of the time......)
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To: DaveTesla
Many manufacturing business must forecast and gamble on production quantity's.

Absolutely correct, sir. I should have included that point.

Every American is free to work for himself. The ones who save their money or have access to borrowed capital because of their reputation actually do it. An important point.

40 posted on 07/16/2012 3:18:53 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: DaveTesla
This is a financial gamble and why it takes capital to do so.

One more point your comment spurs: Production takes place before demand is manifest. There was no demand for an iPhone before Apple thought of it, designed it, and spent tens of millions, probably more, producing it.

The consumers came after the fact. Try to tell that to Obama and expect him to understand.

41 posted on 07/16/2012 3:24:37 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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