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Indeed, it's very easy for outsiders to just declare "you should pay more" without knowing anything about a business' finances or revenue.
by BitwiseFool 5y ago
Indeed, it's very easy for outsiders to just declare "you should pay more" without knowing anything about a business' finances or revenue.
- JohnWhigham 5y agoThis back-and-forth has been getting very common regarding American businesses in recent years though. Without a doubt it's because the rest of the developing world are now having their middle class booms, and American purchasing power is being eroded. And given the avarice of corporations and the negligence of our federal government, it won't be getting better.
- Balgair 5y agoForgive my misunderstandings, but if the business can't make ends meet with their labor and income costs, then it sounds to me like that is not a sustainable business in the market they are in. Granted, if enough of these shops then go under, the supply of jobs will decrease, and then the wages will drop (and many other market effects). Capitalism isn't even close to a perfect system for allocating these resources, but it does seem to be one of the best we have found thus far.