All Hank, all the time.

[Mmmm, Burger (C.J.)]

Originally posted by taxwonk
The jobs would be economically viable at a market-clearing wage or the businesses would shut down. What that means is that you would see less mom & pop taquerias and the McDonalds franchisees would have to buy a new Cadillac or Lexus every five years instead of every three years.

The unions also figured they could make a buck by restricting labor supply to increase wages. That worked.