George Will celebrates a great American institution: McDonald’s. Here’s a key paragraph:
McDonald’s exemplifies the role of small businesses in Americans’
upward mobility. The company is largely a confederation of small
businesses: 85 percent of its U.S. restaurants — average annual sales,
$2.2 million — are owned by franchisees. McDonald’s has made more
millionaires, and especially black and Hispanic millionaires, than any
other economic entity ever, anywhere.
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