The comment is absolutely correct. Small, locally owned, franchises, and family businesses do it too. Back in 2015 or 2016, I sat at a lunch with the leaders of a business advocacy organization, and they were livid that Obama raised the statutory minimum salary to $45k or whatever it was, and how they could no longer pay an immigrant “manager” to work 80+ hour weeks for $31k.

The kicker? They were children of immigrants that did the same, except their parents were lucky to have immigrated back when buying a business/land was much cheaper. Land prices are now far higher for the newer immigrants to ever be able to save enough to get in on the ownership side of the business.