You have an inflated “market rate” from government subsidize ubi during the pandemic. That’s not a market rate when government intervenes to rapidly increase it.

If that was the case, we would see literally every single restaurant go out of business except for very high end ones. Average people can’t and won’t spend $50/plate for dinner.

So yes, if you’re in favor of government intervention taxing people to provide a basic standard of living to people, you can kiss lots of your small businesses goodbye. And let the large mega corporations thrive with less competition. This is a wonderful idea.

Holy fuck does this reek of “I’m in high school and wear a Fidel Castro shirt to school because I’m an intellectual”.