Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

brewens

(15,359 posts)

5. Yeah, because better paid people could afford to hang out at your joint and spend a little more.

Reply to Cleita (Reply #2)

Sat Dec 7, 2013, 06:19 PM

Dec 2013

They always claim any increase, taxes or wages, will be passed onto the consumer. Not necessarily. They can't raise prices so much that it will cut demand. They do that and it will backfire on them and they will lose money. Sometimes they just have to eat it!

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

7 replies

= new reply since forum marked as read

Highlight:

Wages go up then prices go up, right? [View all] kentuck Dec 2013 OP

Well fucking duh! Glassunion Dec 2013 #1

Nope. I managed a hamburger joint and saloon once. Cleita Dec 2013 #2

Yeah, because better paid people could afford to hang out at your joint and spend a little more. brewens Dec 2013 #5

Market. You can see that in his salary. mmonk Dec 2013 #3

k&r for exposure. n/t Laelth Dec 2013 #4

What the... Zo Zig Dec 2013 #6

Bingo. 99Forever Dec 2013 #7