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The Fast Food Biz
By Louis Feldhaus 1st Hour
There once was a man named Burger Man that owned a fast food restaurant. His restaurant was doing well due to the fact that the economy was currently in prosperity.
Due to Burger Man's awesome training, the restaurant's productivity is through the roof. The GDP of the country was high, but his restaurant was even higher than the average GDP per capita.
Because he was doing so well, Burger Man decided to spend his money on a new capital project; new tables! He used the money from his budget surplus at the end of the year
It turned out Burger Man did his math wrong and ended up spending too much money! He ended up with a budget deficit. Looks like Burger Man won't have a very big personal income this year.
Even worse, the economy was quickly heading into a recession. Burger Bob was really worried he would only add to the unemployment rate due to this step in the business cycle.
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