Well, we are working our way to 1,000 post and 100 pages and we are still waiting for the link that shows an actual restaurant closing in Seattle due specifically to a law that is going to increase the minimum wage. Did I miss that post and link?
the article is irrelevant. The debate is what it has morphed into at this point. And I am finding that no one really wants to debate facts. Just offer opinion. Address the simple question....why does a pool service company need to hire adults to clean pools? Why is it a failed business model if it does not have to hire adults?
Sorry, but it is easy to find a negative response to all of your questions. The pool company may be able to compliment it's staff with teens, but they will need adult supervision. Sure, you can use teens as helpers, but you would be foolish and irresponsible to send them out unsupervised to private homes. Do you think a person paying for professional service is going to be happy when they come home and see a teen swimming in their pool or entertaining a friend.
The point too is, that most refuse to factor in, are the huge corporate business that can change employees like socks and pay them wages to maximize their profits.
When John Q. Public starts to realize patronizing local small business makes a community prosper , things will get better.
Corporate profits leave the community to pay shareholders.
But, businesses don't close on their own accord? Be it how they managed or operated their business and how trends change.
Really?
I live in a resort and one of the main, if not the main industry happens to be restaurants of every type you can imagine. They close and open every season. Mostly, the same core group of owners that buy and sell their restaurants and even trade with each other. Each year a number of rookies will show up to try and teach everyone how to run a restaurant. Most only last a season. Some close up before the season is over. The real restaurateurs know how to adjust and adapt and continue to make profits. None of the ones I know would ever consider paying employees minimum wage. Quality employees are a must for a successful restaurant. The potential for loss from bad publicity, theft and the lack of quality workmanship is far to great. Successful restaurants in my town use the best employees they can find and are willing to pay a decent wage to get them.
are you actually implying that an establishment with a built in consumer audience is an example of a typical small business in middle America?
You morons really don't get it do you???
In our scenario of real life as the Fed has lowered interest to 0% or somewhere there close, it limits the amount of Bonds bought as a safe haven. AS long as the stock market has the Fed held here the profits will continue, but notice the tone of the Fed chairrman has changed and as such so has inveastor poster.
There is a direct correlation between the Fed interest rate / bond rates and the stock market ..................
When you can reconcile that in your little head .........................
Holla
Well of course, why didn't everyone see the obvious relationship of the Fed, interest rates, bonds and the stock market and how those things determine whether my burger will cost $5.95 or $6.25. In the end, don't we just simply raise the price of the burger when the cost of producing the burger goes up?