I'll give this one more shot before the game and enjoying my weekend. Can
you point us to where on the Profit and Loss Statement that $800B in theoretical revenue loss shows up to calculate your net loss(deficit)? Even using that point, if your spending goes up over that period more than your deficit went up, you can't very well claim it's not a spending driven problem, just because your revenue increase didn't cover the entirety of the spending increase.
While it shouldn't be lost on anyone that you don't want to focus on the actual (not theoretical) spending increases vs what was forecast, let's put it another way. If your business revenue falls short of your projections, despite exceeding them in that last quarter, but your G&A expenses went up 40%, putting you in the actual red for the year, let us know how it goes when you tell the board it's all the fault of sales and marketing for not hitting your revenue budget figures, not the failure to control the expenditures side, and that they would understand if they just understood budgeting to know this actual loss is just a semantic point.
Again, you can argue a theoretical deficit would've been less if not for the tax cuts, and you may even be right, but that's irrelevant when discussing the actual deficit and what created that. [Post edited by Hoodafan at 10/16/2021 10:03AM]
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In response to this post by BocaHoo91)
Posted: 10/16/2021 at 09:54AM