General Discussion
In reply to the discussion: Dunkin Donut CEO Who Makes $4,887 an Hour Outraged at $15 Minimum Wage [View all]Populist_Prole
(5,364 posts)"If the price of labor increases, a business can just make less employees produce the same output by requiring them to do more work. Happens all the time."
Fails too. Carcasses like Circuit city and K-Mart come to mind as the product gets shittier and shittier.
"Not the sort of outcome a populist prole would want, eh?"
I made no such desire, nor do any other demand-side disciples. Utter fail at a "gotcha"
"Also, you're not taking into consideration expansion of new franchises and locations. If the cost of labor is too high, it can become cost prohibitive to open up a new store and thus you lose out on all of those potential new jobs created at the potential new location"
A labor cost being "too high" is just more your own circular logic argument bullshit that's been thrashed thus far in this thread.