More Obamacare layoffs

Discussion in 'Politics' started by Clubber Lang, Nov 11, 2012.

  1. You know if they could get 15-20 cents more per order they would already be doing it.
     
    #151     Nov 13, 2012
  2. +1

    Most here don't understand this.
     
    #152     Nov 13, 2012
  3. Max E.

    Max E.

    And where does that 15-20 cents per order come from? Wages are declining under Obama, while food costs are inflating, Where does the consumer come up with 15-20 cents? It sounds trivial but multiply it by every single business, this is typical keynesian fallacy where you can just up the cost by 15-20 cents per order, and it doesnt matter.....

    And btw the one whose getting hit by this isnt shattner its the individual owners, who mostly do not have the money to absorb a 10% hike in their food prices.
     
    #153     Nov 13, 2012
  4. Max E.

    Max E.

    This is one of the points of beeen trying to get across, but thanks, this sums it up., well said.
     
    #154     Nov 13, 2012
  5. Nobodys not going to order a pizza over 25 cents
     
    #155     Nov 13, 2012
  6. Max E.

    Max E.

    It has nothing to do with the Pizza individually, sure consumers could afford to pay for just the 1 pizza, if that was the only price that was going up due to obamacare,

    Now think about a 15-20 percent increase in the cost of every good sold, now where do you think the money comes from, given the fact that there is a limited amount of money amongst consumers in the system.
     
    #156     Nov 13, 2012
  7. You've never worked in or owned a restaurant have you? Your math doesn't factor in the slow periods restaurants have. You do not need 10% extra across the board to handle a 10% rise in costs. The inverse is true. The existing staff would be able to easily handle a 10% increase in menu prices because that will likely put a damper on customer volume.

    Herman Rennick Cane out :cool:
     
    #157     Nov 13, 2012
  8. Here is an exercise for you, quit making shit up and pulling numbers out of your ass.
     
    #158     Nov 13, 2012
  9. Max E.

    Max E.

    I was alluding to a 10% added cost, without passing it along to the consumer. If you decide to keep things the same you still need to sell 10% more to make up for the cost.

    If you pass the 10% cost along to the consumer, provided you were priced at equillibrium, you will take an equal hit in terms of goods sold, i.e. 10% loss in sales, which in the case you described means they could drop a bunch of workers, and their size, but they would see less profit.

    Do you really think that Pizza guys dont know their equillibrium price points?
     
    #159     Nov 13, 2012
  10. Max E.

    Max E.

    You are the least intelligent person i have ever come across on this site, why dont you go light your neighbors house on fire, to stimulate the economy so we can pay for Obamacare.
     
    #160     Nov 13, 2012