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No my argument is a reduction in take out does not guarantee an income stream to cover the expenses of operation.
Look at it this way. Reducing take out is similar to placing a specific product on sale. The price reduction is more than likely the result of low demand for the product. Decreasing the price will not automatically increase sales or profits, or it may increase sales but not profits, or accomplish nothing at all.
Basically, reducing price is not a very productive way to increase profit or attract new business. You attract new business and generate profits by a demand for the product or producing a substitute product to satisfy demand.
Reducing price is a way to clear out unwanted product, to make room for other profit making opportuntities. Unforunately race tracks only have one product to offer and cutting price is not the solution.
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A free people ought not only to be armed, but disciplined; to which end a uniform and well-digested plan is requisite; and their safety and interest require that they should promote such manufactories as tend to render them independent of others for essential, particularly military, supplies.
George Washington
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