Nowhere_X_Anywhere t1_ja50enj wrote
Reply to comment by surmisez in the cannon mountain tram needs repairs and Sununu proposes replacing the tram with a gondola to cut costs by comefromawayfan2022
Wow you just don't seem to understand the concept of investments and returns do you.
It is a NH investment that has been paying out profits to the NH general fund for years. If you and other taxpayers are upset that Cannon generates profits that go to covering the state's annual budget than let NH resident pass holders get the profits in the form of a dividend, or discount on their passes.
It is an intentionally sarcastic suggestion, but I see you got lost way back at how general business entities operate so I'm sorry for you there.
Educate yourself then post comments online. All will be better for it.
surmisez t1_ja56fuz wrote
If, and that's a big if, the government is actually running a business that turns a profit, I'd be beyond surprised. Governments do not know how to run a business, which is why they always run at a deficit. If the so-called government business puts forth that it's making a profit, an audit will reveal that its a sucking black hole, pretending to make money.
Businesses, for your information, have to run on general accounting principles, that means cash or accrual methods. It also means double entry accounting. Just because a business takes in large sums of money does nor mean that it's financially healthy, nor stable.
The government tends to forget to include the expenses involved in their schemes, instead showing that something is very profitable when in point of fact it stinks on ice.
Nowhere_X_Anywhere t1_ja5adsa wrote
Cool so you have an opinion on a specific issue that isn't based in the facts of the specific topic. You also won't do any research because it might challenge your opinion that, by your own admission, isn't rooted in specific facts.
You are basically just humble bragging about putting effort into remaining ignorant and don't even seem to realize it.
Nowhere_X_Anywhere t1_ja5agzq wrote
Cool so you have an opinion on a specific issue that isn't based in the facts of the specific topic. You also won't do any research because it might challenge your opinion that, by your own admission, isn't rooted in specific facts.
You are basically just humble bragging about putting effort into remaining ignorant and don't even seem to realize it.
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