Message from @beyond_gravity
Discord ID: 602153519423815690
So let's say you have 2 small competitor to a McDonald franchisee nearby
The McDonald Franchise makes about $500k in net profit with 10 workers
The 2 small competitors make $100k in net profit with the same amount of workers
Let's enforce a $5/hr pay raise which leads to roughly +$10k/year
The 2 small competitors if they went on their same model
would make no money and begin operating in the reds
The McDonald Franchise however would operate with a $400k in net profit
I suppose that's fine.
The 2 small competitors must jack up their prices.
Raising the cost of goods.
The franchise see that their local competitors are raising prices
and thus does the same
OR
they can just do nothing
and operate at the same price of 2 egg mcmuffin for $4
And eventually the small competitors either lay off workers due to business expenses and putting more pressure on their current workers
to do the same amount of labor
???
I agree with tech
The minimum wage only harms businesses
It should be shit canned as the fucking awful idea it is
Nah it’s communist Ligma
Gee, WhATs LiGmA HAHAhaHahA
I fail to see why people still think communism would work. It goes like this every time, create communist state, everyone loves it because...idfk, fun out of food, everyone fucking does, “oh don’t worry, this will work because that wassnt real communism” repeat
Instead of building a wall at the Mexican border, let’s send all the super liberals to California and wall it off.
@Brigadier Genral Headass.Bc they've never lived in the Soviet Union lol
never been gulaged and sent to a mine to work to death, that be why they act the way they act lol
Too many essays
Por nada
You had better watch your mouth or I'll tell Immigrant Customs and Enforcement on you.
@Techpriest sounds like U just sat ur GCSE Business exam
ie he doesnt know anything
Jou is baie dom
Vietnam implemented a Communistic/Socialistic economy once, it worked
Kinda
Everybody had a job
Everybody got food
Well that really wasn't enough since the assholes in the UN embargoed us and forced us to submit