Reply to thread

Message

<blockquote data-quote="GuyinBrown" data-source="post: 251097" data-attributes="member: 9444">I agree that 4.2 billion is a large number but you need to keep things in perspective. Again, I don&#039;t claim 47 Billion is an entirely accurate number, but I&#039;m fairly certain that was close to the total revenue UPS had last year. Of that 47 Billion, 4.2 Billion was profit... the amount they had left after they took care of all their obligations. That&#039;s a lot of money. More than any of us will ever see in 5 lifetimes no doubt. But as a percentage, it&#039;s really not that much. Let&#039;s say you made $470 dollars last week. After you take care of all your costs for the week, tax, food, gas, rent, misc expenses, you find that you have $428 in expenses and you&#039;re left with $42. Doesn&#039;t seem like much, now does it? Can you get by? Sure. All your expenses are paid for that week. But what if something unexpected comes up? What if your hot water tank goes bad and you have to replace it? Will $42 cover that? What if you want to buy a new car? You&#039;re either adding an expense that will cut into your $42 a week or your going to have to save up for quite a while to pay it off free and clear. Point is, yeah $4 Billion is a hell of a lot of money, but when your financial obligations are $43 billion... it really isn&#039;t. You need to get over the monetary number and look at the percentages.</blockquote>

[QUOTE="GuyinBrown, post: 251097, member: 9444"] I agree that 4.2 billion is a large number but you need to keep things in perspective. Again, I don't claim 47 Billion is an entirely accurate number, but I'm fairly certain that was close to the total revenue UPS had last year. Of that 47 Billion, 4.2 Billion was profit... the amount they had left after they took care of all their obligations. That's a lot of money. More than any of us will ever see in 5 lifetimes no doubt. But as a percentage, it's really not that much. Let's say you made $470 dollars last week. After you take care of all your costs for the week, tax, food, gas, rent, misc expenses, you find that you have $428 in expenses and you're left with $42. Doesn't seem like much, now does it? Can you get by? Sure. All your expenses are paid for that week. But what if something unexpected comes up? What if your hot water tank goes bad and you have to replace it? Will $42 cover that? What if you want to buy a new car? You're either adding an expense that will cut into your $42 a week or your going to have to save up for quite a while to pay it off free and clear. Point is, yeah $4 Billion is a hell of a lot of money, but when your financial obligations are $43 billion... it really isn't. You need to get over the monetary number and look at the percentages. [/QUOTE]

Verification