And both sides have put forward immigration reform. I not calling at pols, they're mostly all bought and paid for. I'm calling out the bases of a party. Automation isn't going to solve the demographic trajectory we're on. We need to figure something out before we're Japan.
Fair enough. Then I'd like to point out that I didn't call out opposition to price fixing, rather I called out opposition to simply paying unskilled labor higher wages.
you're right. I assumed you were equating people against this min wage were against unskilled workers earning higher wages. my bad
And the net profit was 6 billion, mush was due to leasing fees that the corp charges the franchisee. Did you know the average franchisee owner makes about 150-200k per year. Seems like increasing the wage at locations like that could really crush the owner.
Unlikely. They’ll just raise prices. And I’m pretty certain they’ve already been paying wages close to that in all the major metros in the state and making it work.
No, you miss the point. If you aren't going to be a cheap food purveyor, you don't have the excuse to pay slave wages.
I dont really agree with that, but ultimately I'm just pointing out the fact that you cant really argue that its a huge amount of money given the cost of living. Also the odds that a FF worker is going to get regularly scheduled 40 hours+ a week is pretty low, so extrapolating $20 hour/40 hrs a week is pretty optimistic best-case scenario.
Why shouldn't it? Seems kind of absurd to expect that having an entry level job should mean being unable to afford shelter (which would also mean being unable to afford other expenses to sustain life).
You're didn't quite understand my point. There should be a strong correlation between where someone sits on the income scale and what they spend on housing. If you have a below average income, you should be looking for below average housing cost - not average. It's also very common that people on lower incomes live in multi wage earner households - whether that's dual income family, or taking on roommates. Or young people still living at home. Sure, it would be great if everyone could afford everything, but that's not realistic. Raising entry level wages simply drives cost inflation.
Do you have a link for that? If true, that is a horrible return on investment, especially considering what a total PIA running a restaurant is.
It's a small business killer. When the economy is strong, this happens organically. When the economy is strong there is no need for government overreach. When there is a surplus of jobs available, it forces small businesses to pay great employees more in order to keep them. A surplus of jobs creates competition. McDonald's is typically a first job for a teenager living at home. First-time employees who may not be worth $10 an hour. If they are, they will get a raise organically for being great at their jobs. If you want to force the small business owner into paying $20 an hour, you are going to see kiosks. That's already a fact all around the country. Now you have taken that entry-level job away from the teenager looking for their first job.
Anytime we have a thread on here about improved wages (longshoreman, teachers, auto workers, fast food employees) there are conservatives who hate the idea of better wages for others and use 7 degrees of separation to theorize how our whole society will unravel if MCDs cashier makes a few dollars more an hour. It's funny human nature that people think everyone else is overpaid and they are underpaid.
There already are Kiosks in Charlotte. Mine doesnt take counter orders unless you are very old and frail looking. Otherwise they roll their eyes and point to the kiosk.
I get what you mean. Not saying it's wrong per se, but I'd offer that in affluent locales, even below average is extremely high and perhaps/likely unaffordable (at least w/o public assistance) because the range that comprises the average is likely very small, which is why there is such a problem. Agree, it's not realistic that everyone can afford everything, but this isn't just everything. We're talking an essential need to sustain life (the other, obviously being food).
From what I have read, McDonalds actively seeks owners/operators who will have more than one location. I can't tell what that breakdown may be. I know a guy who owned multiple Wendy's locations in my area. He seemed pretty rich - even had a young Russian girlfriend. I'm not sure what percentage of his money may have come from his Wendy's locations versus other sources. They went downhill when he sold his locations, so I gathered he was doing something right on the management side.
A recent McDonald's ad I saw said that 1 in 8 Americans are now, or have worked at a McDonald's at some point in their lives. That seems pretty high to me, but I worked there in high school.