Thank God you don't trade for a living. If a owner has gone out of business they are not earning a salary! It's called survivorship bias. Google it! Ricter, let's try this approach. Do you agree that franchise owners are not being given these franchises for free? That there is a cost? And the avg cost give or take is probably 500k. Say 250k on the low and 750k (McDoanlds) on the high end. Would you also agree that one most likely borrow this money from a bank or from the parent corp? Would you also agree that constitutes debt? Would you also agree that margins for fast food restaurants are in the single digits? And that the franchisee has two choices, pay the debt back fast in which his take home will be next to nothing for quite awhile. Or pay the debt back slowly with interest in which he will make this wonderfully magical 50k a year which you think is the american dream in return for having that debt on his books for decades if he can last that long. Are we in agreement on this at least and if not, why not?
Minimum wage, or Living wage
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Thank God you don't trade for a living. If a owner has gone out of business they are not earning a salary! It's called survivorship bias. Google it! Ricter, let's try this approach. Do you agree that franchise owners are not being given these franchises for free? That there is a cost? And the avg cost give or take is probably 500k. Say 250k on the low and 750k (McDoanlds) on the high end. Would you also agree that one most likely borrow this money from a bank or from the parent corp? Would you also agree that constitutes debt? Would you also agree that margins for fast food restaurants are in the single digits? And that the franchisee has two choices, pay the debt back fast in which his take home will be next to nothing for quite awhile. Or pay the debt back slowly with interest in which he will make this wonderfully magical 50k a year which you think is the american dream in return for having that debt on his books for decades if he can last that long. Are we in agreement on this at least and if not, why not?
If they're out of business then they're not running zombie shops. Anyway, I did look at the SBA statistics for fast food franchises, and the contract renewal rate is not too bad.
No, if they are out of business then they are not making 50k a year. Ricter is it really so hard for you to agree to simple concepts. You don't have the character to concede anything I just posted? Instead of attempting to have an intelligent dialogue you rather play childish games. How old are you? If you have kids or did have kids, would you want them to behave the way you do? I'm just trying to have an intelligent dialogue here. I actually go out of my to post numbers, economic theory and even concede that yes, raising wages in certain circumstances does have a positive effect but there are many moving parts and the math is more complicated then the simplified little world you like to portray. I guess if you tell me you are 19 years old I have to give you a pass and move on. But if you are actually over 30 how do you explain the immaturity?
Do your due diligence, look at the franchisor's location research carefully, and go for it, you're probably going to do alright (you may fail, of course).
You could say the same thing about trading. So do you trade? Due your due diligence, research your trades carefully and go for it, you're probably going to do alright. (probably 90% failure rate of course).
You just reminded me, shouldn't you want me to be a trader, on the other side of your trades?
Since the ACA was passed full-time employment has steadily risen and part-time steadily fallen. http://www.advisorperspectives.com/dshort/updates/Full-Time-vs-Part-Time-Employment.php
Using econometric regression analysis we can test for employment in countries that already had healthcare subsidies and look at the change in employment. I think what you will find with statistical significance is that those countries saw the same steady rise in employment after the recovery of the 2008 credit crisis.
Which is just fine, since the big claim by righties was that the ACA would be a job killer. Maybe it's not a job creator, but it's sure not a job killer. So, the right were wrong again.
Precisely. The Analysis of BLS data I posted a link to concludes the same thing as you suggest would be found by your proposed test with regard to the influence of Obamacare.