Fast-food restaurants are hit hardest as customers cut back-food restaurants are hit hardest as customers cut back

[Prairie Gates]

12. We raised labor costs; the owners thought they would just pass that on 100% to consumers

Consumers say no.

So, the owners can decide to take a slight haircut on the massive profits they were making at the lower labor costs, or take a big loss by being abandoned by consumers.

I know it's hard for the uber-capitalists among us to understand this, but sometimes owners have to take less profit to keep the business in good standing and growing. It would not be hard to understand if you were not screwy eyed hypnotized by capitalist nonsense.