Youre forgetting they get to decide what the excel looks like. Even if it costs them 5$ per person to get 1$ from them, all they need to show is the excel with employee costs going down to call it profit. The expenses paid out to friends and politicians “need to be spent anyway” so it’s not reallt “a loss”.
You should see the P&L of these companies and how they twist themselves into knots making the line go up
Youre forgetting they get to decide what the excel looks like. Even if it costs them 5$ per person to get 1$ from them, all they need to show is the excel with employee costs going down to call it profit. The expenses paid out to friends and politicians “need to be spent anyway” so it’s not reallt “a loss”.
You should see the P&L of these companies and how they twist themselves into knots making the line go up