"We have seen an ongoing theme from Barack Obama of general cluelessness on private industry, and especially on profit. For Obama, profit is part of 'overhead,' or 'taken off the top.' "
"Profits are not taken off the top but are what’s left at the bottom, after expenses get paid — and expenses are the 'overhead,' which includes items like salaries, supplies, rent, and so on."
"By the way, that’s why it’s called 'the bottom line,' because that’s where people find the profits in a ledger. Profits come last."
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