What percentage of a US made car price...are the actual car components ? And how many components could be eliminated such that one could still move from A to B ? ........................................................................................... How many people like Paulson are basically infiltrated in government and corporate life....and are expecting their chips to be paid in full? ........................................................................................... Eliminate the "chipsters"....and replace the 2 party "chipster" government with localized township governments.....If it is not replaced....then Iceland...here we come...."No more "Paulson's" (chipsters)...... http://www.nakedcapitalism.com/2008/11/first-casualty-of-crisis-iceland.html ............................................................................................. What part of a patient's actual medical visit's cost....is the cost of the actual visit....and its physical requirements? If the government imposed insurance issues were removed....then what would the cost be ? And what would the cost be ....if the number of doctors available increased 4X ? ............................................................................................... What percentage of the price of a house are actually the physical house components ? What percentage of the price of the components are actually the physical components ? What percentage of the price of a house floats around the economy in terms of dependent legal paper....which other than being a legal agreement....has nothing to do with the actual physical value of the house ? .................................................................................................. How much of a common stocks valuation is "ripped out" by its employees....what percentage of this "rip out"....is attributed towards management people ? ............................................................................................. Common stock is non interest...non obligatory debt..... Common stock is the best tool for creating wealth and its distribution on the face of the earth.....It has "we can do this" written all over it "....rather than gotta pay this banks interest in our face every month which basically would stop innovation cold in its tracks..... ................................................................................................ Everyone knows how this list goes on..... ...................................................................... Time to get back to basics........it is never too late to do this........
People in business know these numbers, the customers don't. There might be an uproar if you received an itemized reciept for a ski lift ticket and find 75% may be insurance expense, or the timeless step ladder, nothing innovative here yet another product where the bulk of the price is insurance costs. What do you suppose it would cost to bring to market a balloon, that you blew up with free air and the cost of the balloon was a penny?
Depends on the distance and dangers on the way to the happy place where they sell them...... ...................................................................................... What is obvious is that there are a lot of parts to a price....a lot of which are not broken out and disclosed.... Which brings out the interesting point you make ...about even if I give one a break down of the costs....so what if the buyer does not like the percentage of some items......what are they going to do about it.... In legal terms ...it is called disclosure.....which may lead the way to possible...conflicts of interest....and the list continues.... The point being is that the cost of a lot of items can go down a great deal....and the product can still be made available.... Insurance can attribute perhaps most of its costs to legal largesse....one of the deadliest diseases in the costs of many products....just as you suggest..... Then comes the question....why not eliminate legal largesse....? Put it this way......there is a lot of efficiency to be had in most prices..... Reduction in legal largesse....and full disclosure.....would go a long way...... A lot of the paper value on items related to legal papers dependent on mortgage values is the core reason that financial firms are failing this day at this moment ......Values that are above and beyond the actuals....and had they been disclosed properly....may have been cut off at the pass..... Oh well....better luck next time....