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Rite Aid Corporation Message Board

  • infocanhelp infocanhelp Dec 25, 2012 11:37 AM Flag

    the US GOV'T should take a page out of the RAD financial plan

    RAD, like the US GOV'T, has enormous debt. RAD, however, unlike the US GOV'T, has established a plan moving forward that has reduced unprofitable spending and at the same time increased revenues by training employees so they can provide a rewarding service to customers. RAD has also been able to reduce their debt by refinancing at a lower rate. Sadly, the US GOV'T has only been able to increase their debt by increasing the debt ceiling limit (next increase due 2/13). No matter when or what US GOV'T spending cuts are eventually identified and implemented, there is one thing for certain; all Americans will need to accept the fact that personal funding by the US GOV'T will need to be decreased in the future.

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