Math isn’t exactly my strong suit, but…
Obama and Biden keep saying that 98% of small businesses don’t make in excess of $250,000, but that cannot POSSIBLY be right, can it? It certainly can’t mean gross receipts.
Let’s say you owned a single McDonald’s franchise open 360 days a year (round number make Weasel happy)…that that would imply a gross daily intake of under $700. Ridiculous! If you ran a shift of five people for eighteen hours at seven bucks an hour, that’s $630 right there, just in wages. Plus materials, utilities, rent, advertising…
So what the fuckity fuck are they talking about?
October 16, 2008 — 12:24 pm
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