O it gets better. They calculated that retail outlets make $66/hour per worker in profit by dividing *gross* margin by # of nonsupervisory workers. So they ignored all non-COGs expenses and then ignored a huge chunk of the employee base and workload.
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It's a genuine contest between startups and socialists about who can misunderstand economics worse.
End of conversation
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He should put all his savings into department store stocks. Might as well get some of that gravy!
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