“We’re not looking to take a $4 shirt and sell it for 50 bucks. We need to be competitive.”
many facetted subject for sure - I sincerely wish/desire that everyone get their piece of the pie and that their piece of pie is big enough to satisfy their needs (assuming that they have a measurable meaningful contribution). Secondly, I wish that everyone receiving their appropriately sized portion of the pie would then be satisfied and not ask for more…then I would take the remaining pie for myself!
The problem comes from the making of pies in order to satisfy pie demand. European pies (also called “tartes”) are currently sinking in value due to too much greek yogurt. The Chinese have been avoiding making more of their own pies because the global market for china-produced pies is high as long as they don’t cost too much, but lately they’ve developed a taste for good 'ol Apple pie and have decided that they’re going to leverage their increasing population of potential pie purchasers to get the US to make LOTS more pies in order to devalue the American pie market.
Based on a story I heard this morning, on the drive into work, China (and India) has also dedicated a large set of resources to acquiring the US pie making technology by any means as it is so much easier to steal a product than to develop a product.
It’s always nice when the guvment finally starts to catch up with general common sense. Probably just means China stole pies from the wrong group of “influence investors”. I’ll wait and see where it goes.
I don’t see a lot about laws and taxes in here. Excise tax is lower than most places. Real estate is limited, which plays a big factor. There are tons of bars in DC, so I don’t think it’s any harder to get zoning and a liquor license than any other city.
I think the biggest takeaway here is that DC is damn expensive. And moreso, a place like San Fran has a high cost of living but beer aficionados know what the product should cost. DC is full of trend followers so anything that becomes suddenly popular is going to skyrocket in price. Clueless consumers get what they deserve.
Then they were threatened with the possibility of being blacklisted from the cake and pie market so decided to have their cake and eat it too. And like it.