Because someone spent decades building a lot of weapons that are very good at taking out larger weapons.
Because someone spent decades building a lot of weapons that are very good at taking out larger weapons.
I did pull up the link and it only showed the profits from a single corporation that owns Burger King and Popeyes. Brinker who owns Chili’s and Maggianos has a net profit of 2.48%, Denny’s has a net profit of 8.25%, Dine Brands which owns Applebee’s and IHOP has a net profit of 9.03%. And these are established restaurants that have been around a long time.
Ok. Looks like you’re using gross profit while I’m using net profit. And I’m not including franchises like McDonalds or Wendys because most of the profits are from franchise fees and the raw products that their franchisees have to buy at a markup. They also don’t have employees that rely on tips and their portions tend to be smaller than a meal at, say, a Denny’s which does use employees that rely on tips.
Yet, they shouldn’t raise their menu prices because they should have enough money to cover additional wages? With a 5% profit margin? By your reckoning every restaurant in America should be out of business. Yet, you also want our restaurants to follow the European model which serve smaller portions at higher prices. I’ve said this before and I will say it again. The ills of the US corporations can be laid at the feet of the consumer. CEOs get extremely large salaries and bonuses because they’re the scapegoat. Consumers were satisfied with one person taking the blame for a systemic problem that would most likely continue after the poor bastard was fired, but hey at least the company heard you. Small wages for employees? Consumers won’t shop here unless we offer what they want for the cheapest price. Even when certain restaurants offered more transparency for why it costs more consumers complain about having to pay for such things as employee healthcare.
Fifty seven million over 22 years is pretty tame. Especially considering that the National Restaurant Association has forty thousand members. It would have only taken about seventy dollars a year per member to get to that total.
You make it sound like they’re pocketing millions a week, when the typical profit margins for restaurants are less than 5% and max out at 10%.
It always amazes me how business owners are portrayed as greedy monsters instead of the pants pissing cowards they most likely are. If you need to raise the prices of your products to give your employees good wages, do it. And customers need to understand that better paid employees means higher prices.
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Re reading Cryptonomicon by Neal Stephenson
The hurricane probably helped too.
Police officers have the highest suicide rate after Doctors and Dentists. Not sure if it’s because of poor stress management or being constantly in contact with some of the shittiest people to live.
Fascism has little to do with ideology. It’s a refusal to allow any views other than your own to be voiced in your presence.
According to the USDA, again, the majority of food waste is at the household level.
But we are. According to the USDA, food waste makes up 22% of the food industries 26% CO2 emissions. And don’t forget the diseases food waste produces.
The only pants I really object to are jeans. They’re hot and sticky in the summer and cold and stiff in the winter. Slacks are the way to go.
Just wish they made cargo slacks.
Decided to do some research after your questions. Turns out the word was used/coined by the French as a derogatory word for money lenders was co opted by the British later as a derogatory word for anyone involved in manufacturing and other base enterprises. And then some economists in the 80s and 90s tried to redefine it and even wrote that dedinition into some Social Studies and Economy textbooks that I remember reading throughout my life in school.
It’s strange, but I distinctly remember three different school books giving that exact definition. Yet, when I looked up the etymology for the word it said that it started out as a disparaging French word for money lender and was picked up by the British to describe anyone who made money in enterprise.
Let the person who has never improperly disposed of their batteries throw the first stone.
The original definition of capitalism used to be an economy where 90% of businesses and property are privately owned. And while I admit that the meaning of words tend to change over time I think that the meaning of capitalism was deliberately changed so that the Soviet Union doesn’t sound as insane as it was to future generations. L
This was shock and awe tactics at the time. Professional soldiers were trained to accept the casualties dealt out at the start of the battle and keep advancing until the enemy broke and then slaughter them as they attempted to flee. Everyone who makes fun of George Washington for how he conducted his troops conveniently forgets that his army consisted of untrained volunteers who consistently broke when confronted with the British war machine.