1. Given the profits Burger King makes (so long as they don't over-expand), they can well afford $15/hr.
Prices, including wages, are set by the free market (unless the government intervenes with fascism). Price controls do not work. You do not get to dictate what anyone can afford, except you.
And remember, not everyone who works at a burger joint is a teenager.
So?
Now prices over the years have gone up under the minimum wages of $7 and such, so if Burger King claims that they have to raise prices to compensate for an increased wage minimum, they are lying.
No, they are not. They have other costs to operate besides paying a staff. Burger King is currently in financial trouble.
Once again, corporate greed takes hold.
It had better. Profit is the ONLY thing that keeps a corporation running. Obviously, you consider profit EVIL. You don't even deserve to have a job. I wouldn't hire you. I hire people willing to work. I pay them market wages for the job they do.
2. So you prefer speculation and guess work to historical reality? That doesn't make sense.
You are describing yourself. You have obviously never run a business. Don't feel bad. Most people have no idea what it takes to stay in business.
3. That is pure supposition and conjecture! These same indispensable geniuses you tout gave us all financial debacles and corruptions in the past 25 years.
Nope. The only thing you can blame is the Federal Reserve and Congress printing money as fast as it can.
Examples:
The dot.com crash of 2001 was caused by easy money (printing) and speculation of everyday people in 'companies' that were little more than 20 lines of script code. When the crows came back home to roost, the crash itself occurred.
The housing crash of 2007 was caused by easy money (printing) and speculation of everyday people in flipping houses. They got caught when housing prices dropped, rather than rose, and the crash occurred. The international loans took years to unwind, thanks to government interference.
The crash of 2019 was caused by Democrats shutting down the economy, which destroyed businesses everywhere. The government response, deprived of revenue, was to print tremendous amounts of MORE money to cover their expenses and expansion.
The solution by government in both cases (especially the last) was to print MORE money and give it to government and a few banks that didn't deserve it, but were friends with the government.
If it weren't for gov't bailouts,
Just one. The 2007 crash, where government bailed out some Democrat bankers.
they would have had to hit the bricks with their resumes like everyone else.
And in that case they should have. It would have, however, started a run on U.S. banks everywhere as major institutions failed and went into bankruptcy. It would have shown just how broke the U.S. government really is.
No way on God's green earth could you NOT find replacements for them
For the 2007 crash, that is true. A bank going into receivership would be bought by someone that is more capable at firesale prices.
For the 2001 and 2019 crashes, there are no replacements. Businesses were DESTROYED in the 2019 crash and depression that followed.
(think all those "smaller" financial institutions that the big conglomerates continually try to squeeze out).
They can't. Big institutions can't maneuver nearly as well in the market as some little startups. Sooner or later, those startups come along and shoot the kneecaps off the big company.
Examples: Microsoft against IBM, Linux against Microsoft, Toyota against Ford and GM, Amazon against Barnes and Noble, Amazon against Google, Gab against Twitter. There are many other examples.
The golden parachutes given to all this white collar clowns are of their own design...based on greed and not real life need.
You seem to think all crashes have the same cause. They don't. If anyone is to blame for the last few crashes though, it's the Federal Reserve and Congress, right along with the use of fiat money.
