https://twitter.com/Brian_Riedl/status/1391086956583530498 it's actually really fucking funny how many people are callin his bullshit
https://twitter.com/Brian_Riedl/status/1391086956583530498 it's actually really fucking funny how many people are callin his bullshit
What kind of business are you running that is viable at $8 worth of revenue per employee? Is the CEO coming down and using his exceptional value creating skills to run the ice cream machine and grills with their 8 arms?
Also love how he brings up the housing argument as it relates to wages for expensive urban centers, yet nothing is questioned in regards to how wage theft plays a significant role in that equation. But that's always the case with neoliberalism - you can just pretend everything is seemingly disparate and existing in a vacuum only when it's convenient for you.
Honestly, where do these people even come from? At this point I don't even see some of them as being human.
i mean it's this guy's job to straight up lie like this and come up with absurd scenarios and people who subscribe to the economist go "yess so true!!"
Real galaxy brain hours, I'm not sure if you could even consider this guy's argument a strawman but I guess that's the closest to what it is.
At least in my area, most of my meals at fast food places are like $7-8 and I don't get a drink 90% of the time.
During rushes, I would guess that the popular fast food places in my area (i.e. everything but burger king lol) pull a car a minute through the drive through. Assuming some of the cars have multiple people, and conservatively estimating $10 per car, that's $600 per hour. That would completely cover six employees over an eight hour shift at $15 per hour, and that's just the drive through for one hour.
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The CEO had an idea so powerful that it turned lead into gold.
The workers are incidental, because you can always find someone to do manual labor at bargain basement prices.
It's just circular logic. "I'm worth it because I'm rich and I'm rich because I'm worth it." As soon as the labor surplus dries up, the CEO will go screeching to the government coffers for a bailout (or screeching to the police/DA's office for a new crop of press-ganged indentured servants). If you dispute any of it, the Libs just scream "Economically Illiterate!" at you.