I agree with you, Sometimes I wonder if the following is what's happening. If there's a 25% profit margin based on conditions for the year then a small guy making $100,000 gross makes $25,000 and gets a job in town. The large guy with say a $400,000 gross gets a $100,000 profit (buys new equip. toys etc like all of us would). Conditions change and there is only a 5% profit the next year. The guy with the $100,000 gross makes $5,000. wonders if it's worth doing and gripes/complains can't afford to fix his 40 year old equip. The large guy gets a $20,000 profit, tightens the belt a bit and borrows from the bank for the year if he has too. Things will be fine again in a year or two when profits are back around 20-30%. I think we often forget that in a business it's all about the profit margin. If the tiny profit margin is off of a large sum it is still enough actual money to live off of. The jealousy and frustration comes in that most of us didn't inherit and will not in a lifetime of working get the equity it takes to live off of a %5 profit margin. That's life....
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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