Of course trying to explain the difference between profit margins and gross income to a liberal is tantamount to trying to explain quantum physics to a poodle.
"Had the Rep killed the proposal to have these people testify then the resulting cacophony of wails from the left that Rep are in the pockets of BIG BUSINESS would have gone on for months and months."
So what? Pandering to ignorance is better than sticking up for free market principles?
"Bringing the execs in to have them explain their profit margins are not only reasonable compared to other industries but are considerably lower then many, is not a bad idea"
Nope. Not a bad idea at all. If we lived under a facist regime.
Good point.
I'm anxious to hear oil company execs point out the difference between their "excessive" profit margins of around 12%, and say, Microsoft's recently-announced 34%.