losing money hand over fist is not an Nice Accounting Trick

They spent $2mil of the $1mil they took in.
Where did they get the other $mil? They took it from the membership.
You must subscribe to STLs theory that if they take $50 from each memeber, then MA would be very profitable for AMA and Return $32 per member as Profit. Deficit Spending is not a Nice Trick.

If you get $1mil, how much of that should you spend? The answer is not $2mil.
They run in the red cause nobody will hold them accountable for doing so. The more they mismanage the magazine, the more AMA will just give them to run redder. One big happy Muncie Family.