SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (748104)10/19/2013 11:11:02 PM
From: combjelly  Read Replies (2) of 1572099
 
No, they aren't. But they are a nontrivial percentage.

Sure, teens are common. But they aren't a majority. And yes, a lot are in their 20s. But it is unlikely they are college graduates. So they probably have been in the job market for several years. If they did go to college, that probably isn't the best use of their talents.

Cost of labor is just one of the costs of doing business. If those other costs go up, it is the same for all of their competitors. So raising prices, within reason, has pretty much zero effect. Yes, if a Big Mac suddenly jumps to $20, Mickey D's is likely to see a drop off in business. If they go up by a quarter, people may bitch but they aren't going to change much.

OK, like with your contention that dollars spent by the government are somehow magically different than dollars spent by the private sector, how are labor costs any different than other costs? After all, they impact everyone equally.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News