Re: Synopsis of forces and events leading to '48-'50 styling
Posted by Mahoning63 On 2020/3/24 9:17:02
Thanks Dave, very informative. Greatly appreciate the time and effort that you and Mr. Balfour spent pulling this together.
Will take some time to unpack and like Tim said, will need to take into account the things that effect direct comparison between years. Inflation is one. The other big drivers are corporate tax rates and defense profits. The tax rates jumped way up for Contours and gouged profits. Defense work hurt profits during production setup, helped once on line and at capacity.
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