Comments for Franchise Fantasies and the "Financial Crisis" at http://www.cepr.net , comment 1 to 5 out of 5 comments http://www.cepr.net Mon, 20 May 2013 02:44:56 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/blogs/beat-the-press/franchise-fantasies-and-the-qfinancial-crisisq#comment-1470 The incentive for the franchisor is to open as many locations as possible, as that is how they get paid. In the era of low cost credit, they vastly overexpanded their franchises as well as the franchises of their competitors on every available street corner. This is just another overexpansion situation. Most neighborhoods are full of franchises of all types, many of which were only marginally profitable during good economic times. The cheap money policies that allowed mass expansion of franchises is gone. - FoonTheElder Mon, 12 Jul 2010 06:52:49 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/franchise-fantasies-and-the-qfinancial-crisisq#comment-1465 Pizza is bad, worse than Dominos. If you feel like waiting over an hour for a delivery - then get the WRONG order - then eat pizza that tastes like cardboard you'll love Marco's! The staff is the worst group of teenagers with no sense of customer service. Just another chain.?>/i> Michelle 7/12/2010 [url]http://maps.google.com/maps?hl=en&as_q=pizza&as_epq=Warner+Robins,+ga&as_oq=&as_eq=&num=10&lr=&as_filetype=&as_sitesearch=&as_qdr=all&as_rights=&as_occt=any&cr=&as_nlo=&as_nhi=&safe=images&um=1&ie=UTF-8&q=pizza+"Warner+Robins,+ga"&fb=1&gl=us&hq=pizza+&hnear=Warner+Robins,+GA&view=text&ei=sAc7TPCtDcP_lgfzrPTTBw&sa=X&oi=local_group&ct=more-results&resnum=1&ved=0CCkQtwMwAA[/url] - Ellen1910 Mon, 12 Jul 2010 02:24:44 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/franchise-fantasies-and-the-qfinancial-crisisq#comment-1458 If you saw the latest deficit scare story in the WaPo today: http://www.washingtonpost.com/wp-dyn/content/article/2010/07/11/AR2010071101956.html This time they are using quotes from Alan Simpson and others on the deficit commission. Obama was asking for this kind of a story to happen... doesn't help him in the slightest, assuming he really does understand that the debt isn't the problem and shouldn't be the focus right now. - Brett Sun, 11 Jul 2010 13:18:16 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/franchise-fantasies-and-the-qfinancial-crisisq#comment-1449 Your argument assumes that big corporations act rationally. It also doesn't take into account that franchise hodlers often know more about local economic conditions than corporate executives from elsewhere. I suspect there are elements of bankster misconduct in addition to the bad economy. - libhomo Sat, 10 Jul 2010 15:15:28 +0100 http://www.cepr.net/index.php/blogs/beat-the-press/franchise-fantasies-and-the-qfinancial-crisisq#comment-1440 Any teabagger economist knows that the reason franchises can't get loans is the same reason the unemployed refuse to take jobs, and the same reason consumers save rather than spend. Taxes. Debt. Ricardian Equivalence. The coming crash from inflation and insolvency is as real for teabaggers as the 9-11 conspiracy is for Truthers. It's the Obama Shock Doctrine. Big government, big debt and big taxes are killing business from the supply side. It's not from a lack of demand, because demand must come from supply and not the other way around. Losing $16T in wealth has nothing to do with it. If a balloon is pulled below the surface of the water, no matter how far, when released it always floats back to the same level above the water. It's Catch-22. The franchise is a supply source that creates demand that is suppressed by government intervention. Same for large corporations who cut back on expansion of their own retail outlets. It has nothing to with expectations of low demand and everything to do with avoidance of crippling government intervention. If big government would just get out of the way, the economy that's trying so hard just below the surface to break free from socialist chains of tax and spend regulation could emerge and save us all from the coming Great Second Depression. Read Econ 101 you buncha commies. If it was your money you wouldn't lend it or spend it either, you'd save it like the big corporations do which are flush with cash. Thanks to stupid liberals, we'll all have to drive further for a Big Mac because they'll be thinned out and spread apart out after the cut backs. - izzatzo Sat, 10 Jul 2010 07:52:27 +0100