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Nov 2 2019 02:40pm
Quote (ofthevoid @ Nov 3 2019 07:38am)
Profit is the bottom the line. Trump's bottom line has decreased substantially as president. To claim his bottom line increased is literally the opposite of reality. It doesn't matter that he got someone to go to his hotel or resorts that's revenue, what matters is the net.

If i own 3 stores and the bottom line dropped by 50% it's irrelevant that i made a money this one week or on this one item. What matters is the overall, that's how literally everything is measured in the business world.

If the bottom line is negative it's not called profit, it's called a loss. Thor showcasing how garbage southern states education is once again.


So if i have an uninsured house and am a senator taking heavy bribes and my uninsured house burns down i never profited from my role as a senator?
What planet do you live on?
We are discussing earth right now.
Profiting from a role means that role made you money, your other business interests have NOTHING to do with it.
Trumps lies about his net worth alone cost him a fortune in "net worth" this would happen even if he was making money hand over fist from his presidency.

This post was edited by Plaguefear on Nov 2 2019 02:42pm
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Nov 2 2019 02:46pm
Quote (Plaguefear @ Nov 2 2019 04:40pm)
So if i have an uninsured house and am a senator taking heavy bribes and my uninsured house burns down i never profited from my role as a senator?
What planet do you live on?
We are discussing earth right now.
Profiting from a role means that role made you money, your other business interests have NOTHING to do with it.
Trumps lies about his net worth alone cost him a fortune in "net worth" this would happen even if he was making money hand over fist from his presidency.


Before role he was worth x+1.4 billion
During role he is worth x

>He profited from the role

math deniers/10
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Nov 2 2019 02:47pm
Quote (ofthevoid @ 2 Nov 2019 16:46)
Before role he was worth x+1.4 billion
During role he is worth x

>He profited from the role

math deniers/10

plaguefear blames the 'rich and corporations' for problems then brags that he is rich and worked for an oil cartel. unreliable narrator and not surprised he is denying math.
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Nov 2 2019 02:52pm
Quote (ofthevoid @ Nov 2 2019 03:38pm)
Profit is the bottom the line. Trump's bottom line has decreased substantially as president. To claim his bottom line increased is literally the opposite of reality. It doesn't matter that he got someone to go to his hotel or resorts that's revenue, what matters is the net.

If i own 3 stores and the bottom line dropped by 50% it's irrelevant that i made a money this one week or on this one item. What matters is the overall, that's how literally everything is measured in the business world.

If the bottom line is negative it's not called profit, it's called a loss. Thor showcasing how garbage southern states education is once again.


You are trying to make your point by taking a super restrictive definition of profit.

If I make a $10 profit on business A but take a $20 loss on business B then overall I made a loss, but that doesn't change the fact that I made a $10 profit on business A.

Trump has not made a profit if you sum up all his businesses, however he has made a profit in certain businesses by leveraging his position as president.

Go ask any economist if a financial gain in a business stops being a profit because you own a second business that lost more. They'll give you a funny look and explain exactly what I just did.





profit - a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. (notice this doesn't say net financial gain as a sum of all ventures)

This post was edited by Thor123422 on Nov 2 2019 02:53pm
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Nov 2 2019 02:57pm
Quote (Thor123422 @ Nov 3 2019 07:52am)
You are trying to make your point by taking a super restrictive definition of profit.

If I make a $10 profit on business A but take a $20 loss on business B then overall I made a loss, but that doesn't change the fact that I made a $10 profit on business A.

Trump has not made a profit if you sum up all his businesses, however he has made a profit in certain businesses by leveraging his position as president.

Go ask any economist if a financial gain in a business stops being a profit because you own a second business that lost more. They'll give you a funny look and explain exactly what I just did.





profit - a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. (notice this doesn't say net financial gain as a sum of all ventures)


The right understand this perfectly well, if you had brought up his bankruptcies then you would be getting this same explanation.
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Nov 2 2019 02:57pm
Quote (Thor123422 @ Nov 2 2019 04:52pm)
You are trying to make your point by taking a super restrictive definition of profit.

If I make a $10 profit on business A but take a $20 loss on business B then overall I made a loss, but that doesn't change the fact that I made a $10 profit on business A.

Trump has not made a profit if you sum up all his businesses, however he has made a profit in certain businesses by leveraging his position as president.

Go ask any economist if a financial gain in a business stops being a profit because you own a second business that lost more. They'll give you a funny look and explain exactly what I just did.





profit - a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. (notice this doesn't say net financial gain as a sum of all ventures)


You making 10 dollar is revenue. At the end of the accounting period you would record 10 dollars in revenue and -20 as some loss/cost/liability. Assuming no taxes or whatever else you net income(all the way at the bottom) would be -10 not 10.

You literally don't understand simple accounting and math m8 and are making a fool of yourself.
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Nov 2 2019 02:58pm
Quote (ofthevoid @ 2 Nov 2019 21:38)
Profit is the bottom the line. Trump's bottom line has decreased substantially as president. To claim his bottom line increased is literally the opposite of reality. It doesn't matter that he got someone to go to his hotel or resorts that's revenue, what matters is the net.

If i own 3 stores and the bottom line dropped by 50% it's irrelevant that i made a money this one week or on this one item. What matters is the overall, that's how literally everything is measured in the business world.

If the bottom line is negative it's not called profit, it's called a loss. Thor showcasing how garbage southern states education is once again.


that's a bs 'argument'. the claim was not 'he increased his net worth as president', but that he uses the presidency to personally profit from it. the first one would actually NOT be necessarily immoral or illegal, if the second one didn't apply.
actively seeking out avenues to generate profit from the presidency while holding office, however, using its unique circumstances to benefit your private businesses (which is the actual charge here), is the immoral / illegal part.

the speculations about his overall net worth (your definitive claim in that regard is bs anyway, since we don't have any proof because trump, despite his countless promises, did not release his taxes) are entirely irrelevant. it's a red herring to deflect from those conduct violations - and in typical trump fashion, that herring is the size of a sperm whale carcass that has been rotting on the beach for weeks and is about to explode - that's how egregious his claims about his alleged losses due to his presidency are...
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Nov 2 2019 03:05pm
Quote (ofthevoid @ Nov 2 2019 03:57pm)
You making 10 dollar is revenue. At the end of the accounting period you would record 10 dollars in revenue and -20 as some loss/cost/liability. Assuming no taxes or whatever else you net income(all the way at the bottom) would be -10 not 10.

You literally don't understand simple accounting and math m8 and are making a fool of yourself.


If you look at it on a total level yes, but you can look at individual ventures and businesses to get a better picture. You can make a financial gain in excess of cost in one business and not in another. In which case you would say "in venture A I made a profit of $10 and in venture B I made a loss of $20"

When your only defense is playing with definitions its really pathetic.
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Nov 2 2019 03:06pm
Half of trumps "losses" are him literally lying about how much he had.
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Nov 2 2019 03:09pm
Quote (Thor123422 @ Nov 2 2019 05:05pm)
If you look at it on a total level yes, but you can look at individual ventures and businesses to get a better picture. You can make a financial gain in excess of cost in one business and not in another. In which case you would say "in venture A I made a profit of $10 and in venture B I made a loss of $20"

When your only defense is playing with definitions its really pathetic.


We are talking about a sum of all parts. If you want to be dishonest and segment his enterprises and only point to the ones where he made a profit that's fine. But that's dishonest and tells an incomplete story considering on the aggregate he didn't make money.

I don't need a defense to destroy extremely basic anti math opinions. A third grader would be able to school you here.
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