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Re: No more $5 footlongs at Subway in SF

Posted by SelkirkTMO on Sat Mar 31 20:02:43 2012, in response to Re: No more $5 footlongs at Subway in SF, posted by GP38/R42 Chris on Sat Mar 31 19:45:07 2012.

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Actually, you seem to be getting my point, but you're not connecting it up the same way. It all comes down to the particular owners of a company and their own social contract with their employees. Publicly traded companies are forced by their shareholders to play the game of diminishing returns and what I describe IS happening among those.

Privately held companies are under far less pressure to be brutal like that. And this whole hoohah is coming from the banker mindsets who insist on maximizing their payouts at the expense of the employees. There is nowhere else on this planet where management earns over 300 times what floor workers earn and they're not dropping THEIR paychecks to make product more affordable.

And if you hold to this theory, you really should consider doing the right thing and voluntarily cutting your employer's costs so they can compete better. But then we all know you'll fight to the death to avoid that and therefore what I'm saying here is why shouldn't anyone else?

Try parking in San Fran or renting an apartment. Like Manhattan (outer boroughs don't apply) San Fran is a high cost city. IF you want to live "downtown" ... it's EXACTLY like NYC out there and so shouldn't come as a surprise. But you can always live in Oakland or Heyward or Daly City where this isn't a problem. Those places are like Bronx, Queens, Brooklyn in the SF realm ... therefore, apples and apples ...

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