The Mudcat Café TM
Thread #99746   Message #2034031
Posted By: Dickey
24-Apr-07 - 12:38 AM
Thread Name: BS: Poverty in the USA
Subject: RE: BS: Poverty in the USA
Picture this hypothetical scenario:

Bobert is building a spec home. He has some operating money from real estate deals and good credit from a history of borrowing and paying back on time. He gets the best prices from the suppliers. He has efficient, seasoned employees. He has the best tools and vehicles due to his efficient management. The house is going up fast and Bobert stands to make a good profit.

Another contractor is building a house nearby for a customer. He had to bid on the job so he is the lowest bidder. He is a less experienced contractor with bottom of the barrel, absent on Monday employees, no operating money, poor credit, gets gouged by the suppliers and creditors because of a poor history of paying due to circumstances beyond his control. He operates from draw to draw, hopscotching from job to job.

Contractor #2 will make little or no profit from building the house. He sees Bobert doing good and hates him because he is "rich" compared to him, making much more profit. He bumps into Bobert down at the Home Depot and tells him "Why don't you rich builders share you profits with us poor builders?" I read in the Washington post how all you rich guys are crooks because you are getting breaks that us common people don't get like from the bank and all. You have it fixed so you make all the money that we should be making.

So what does Bobert say to contractor #2?