Re:Private sector lost 33k jobs, badly missing expectations ...
by skipants on Wednesday July 02, 2025 @01:54PM
(#44446779)
If every ex-6-figure worker has to work at Applebee's to make ends meet... then who's eating at Applebee's?
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Re:Private sector lost 33k jobs, badly missing expectations ...
by virgildotcodes on Wednesday July 02, 2025 @02:59PM
(#44447511)
Applebees drops prices to enable their employees to eat at Applebees. Margins fall, wages universally clamped to minimum wage, layoffs hit. Fewer Applebees workers with lower wages means a shrinking demand side of the Applebees ouroboros, resulting in a spiral of Applebees price cuts, revenue drops, layoffs. The end state of humanity is a desolate Applebees parking lot strewn with desiccated human corpses and the last person alive is the largest shareholder of Applebees, inside the store, consuming their own flesh.