I wonder what percentage of people on food stamps are in red states
And here is a letter in today's WSJ:
Uproar Over Profit? Why?
November 1, 2005; Page A17
Am I missing something? The Oct. 28 Journal reported oil company profits of 10% to 12% of sales and everyone is in an uproar ("Backlash Spreads as Profits Surge at Oil Companies," page one), and Congress appears determined to interfere (again) in the market system. But on the same day, you reported that Microsoft's quarterly profit was 32% of sales ("Microsoft's Earnings Climb by 24%").
It would seem that a capital-intensive business like the petroleum industry warrants a decent profit that will encourage additional investment to solve our energy semi crisis.
Glen Holzhausen
Fallbrook, Calif.
http://online.wsj.com/article/SB113081335288184946.html?mod=todays_us_opinion (subscription)