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Old 09-28-2016, 11:15 AM   #3457
VladtheImpaler
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Join Date: Jun 2008
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****, so stupid. If the McDonald's burger becomes too expensive (relative to a certain long-established price point that an economist can figure out for you based on historic prices/consumption rates), a certain number of people (the higher the price, the more people) will stop going to McD's and will BBQ their own burgers. Same with lawn cutting. Say I pay $40 for lawn maintenance. If the price goes up to $55 (or whatever, based on the aforementioned price/consumption ratios), I will get off my lazy ass and cut my own lawn. All those "living wage" earning burger artists and lawn jockeys will have no jobs now because a certain number of consumers will be priced out of the market. To see what happens then, look at France. Locke is right. Everyone who disagrees with him is wrong.
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Vlad the Impaler

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