“I guess if they cant afford the arbitrary regulations imposed by the behemoth in DC, the free market has spoken?”
I’m sorry I thought we were talking about a specific group of workers. Namely some MickyDs employees in NYC who were trying to get a pay bump from the $8.50 an hour they’re making now.
No other arbitrary regulations were mentioned. I said that if the company couldn’t afford to pay their workers and still stay open then the free market principle had spoken.
They can raise their prices or they can close but labor is a legitimate business expense.
Maybe they can save money on their deliveries by telling whoever they get their fuel from that they can only pay 2 dollars a gallon for fuel.
and they are paying their workers
if they can’t afford to have these workers quit because new ones with their high level of irreplaceable skills won’t work for what they pay then, yes, pay would have to go up and they might employ one less worker too.