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838
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7 mo. ago

  • That's a common misconception. Doubling the wages for workers basically never causes costs to double.

    This can be seen in markets where the minimum wage is 100% higher than other areas. Fast food also has a high percentage of expenses going to payroll, but a Big Mac isn't twice as expensive in areas where the minimum wage is $15/h vs $7.50/h

    Labor costs for produce accounts for up to 50% of the costs for stuff like lettuce, but it's closer to 30% for many other staple crops.

    Again, if your industry can't survive without basically slave labor, then it doesn't deserve to survive.

  • I think this is a legitimate route our medical community needs to take. Stupid people are instantly turned off by the word vaccine because of bullshit associations with the word.

    Like how idiots hated Obamacare but loved the ACA.

    Vaccines just need a re-brand. Something like, "Brawndo, it's got what T-cells need!"