st0wandgrow
Well-Known Member
What is the sole purpose of a publicly traded company?
Thanks To 'Fight For $15' Minimum Wage, McDonald's Unveils Job-Replacing Self-Service Kiosks
- Thread starter RickyBobby26
- Start date
Justin-case
Well-Known Member
No objection to wage increases at all, here in Cali I think it's ten or eleven and slated to increase annually till it hits fifteen. No bitterness, a real sweet heart, she's made adjustments to off set some cost but, is still hoping to sell the business. Oh and the burger is already 13$ with side, not far off of twenty. I live in a very rural area too,the main Street has become a ghost town.
Fogdog
Well-Known Member
I don't know what happens when minimum wage increases to the level of an EMT's wages. Of course, EMT's also receive benefits, so the actual salary would be higher. Probably their wages will go up to retain them. I also suspect that few EMT's will opt for flipping burgers without benefits and work for the really inept managers who run those places. But then again, if a few people would rather not work in the higher stress job and find life is better flipping burgers then what's wrong with that?
In my earlier post, I went over the fact that the case for increased inflation or job losses with increases in the minimum wage is a myth. For example, other countries pay much more for minimum wage and their economies are doing just fine. Seattle hasn't seen this effect either.
Using Denmark as an example, 50 cents more for a fast food order so that the establishment can pay a living wage for people preparing food on 40 hours of work is completely worth it.
Fogdog
Well-Known Member
She was making a premium burger if she was selling them for $13. With a side you say? Then she was maybe selling them for $9.50? That's still a lot compared to other burger joints. That McD burger I put up a picture for earlier went for $1.29. In-N-Out's most expensive "Double Double burger" sells for 7.84 as a combo with fries. Competition in the fast food industry is intense. So, I don't know why but your friend's prices were pretty high to begin with.
Rrog
Well-Known Member
Some folks are born smart. Some are not. Some have said that we are divided into two groups - the smart and the poor. Why does being born a little less intelligent mean you have to suffer worse than a pet all your life? Without basic jobs you have three options left for many very descent people:
1- Welfare
2- Prison
3- The Military
The threat of #1 and #2 force people into #3
1- Welfare
2- Prison
3- The Military
The threat of #1 and #2 force people into #3
Flaming Pie
Well-Known Member
Sanitary wipes? They have em at grocery stores.
Justin-case
Well-Known Member
Yes, fresh local and organic ingredients, yummy! Comparable to any city prices though, definitely cheaper drinks. Unfortunately ,I think our county never completely recovered from the recession.
NLXSK1
Well-Known Member
To obtain a good return on its investment for the investors/shareholders.
londonfog
Well-Known Member
I could never pay that price for a McD, Burger King or any joint like that, But if you can make me a quality burger I will pay a nice price. No cheap bullshit.
NLXSK1
Well-Known Member
So you wouldnt even buy the product at the price it is being forced up to...
Classic mindless liberal thinking here...
londonfog
Well-Known Member
I know your lifestyle requires that you eat lots and lots of fast food shit. I try to avoid. My wife is an excellent cook and I can burn in the kitchen as well. I do enjoy a quality burger and do know some local ma and pa diners were I can get it. You enjoy that Bic Mac that you gulp down in your vehicle whilst you try to make a couple of dollars.
UncleBuck
Well-Known Member
st0wandgrow
Well-Known Member
Exactly. They have to grow. Stagnation is not acceptable. Everything else is secondary to them. Nothing stands in the way of growth, and that is a dangerous position.
twostrokenut
Well-Known Member
The results will be the same. You idiots love to point to dumb shit to prove your points. When debunked you move the goal posts.
You have all been pointing to OZ for years on this one and gun control.
You can name all 4 dozen countries you are referencing and I might take a look. Prolly wont though and surely am not going looking for it.
SneekyNinja
Well-Known Member
It's not even just necessarily the companies themselves; unrestricted and aggressive high volume trading can have more subtle negative effects on pension funds and such which cause wide ripples on a more macro scale.
UncleBuck
Well-Known Member
start with denmark.
min wage there is about $20 an hour, as opposed to our $7.25 (2.75 times as much).
their big big mac costs $5.15 to our $4.80 (7% more).
good luck finding something "truthy" to explain that one away, boy.
SneekyNinja
Well-Known Member
Alot of things in Denmark are vastly more expensive tho.
It's difficult to compare a country of such disgusting excess to a far more fiscally conservative and less consumerist country like Denmark.
People there actually give a shit about each other.
Beautiful country, good food, albeit rather cold in winter.
churchhaze
Well-Known Member
Are you saying things are worse off now for the poor now than they were 50 years ago? 100 years ago? 1000 years ago? I'm honestly not sure what you're saying. Technology has improved our quality of life so much that even the poor now are living like kings of the past. The thing about poverty is that it's not "how hard we work" that solves poverty, but "how productive we are". Doing work that machines could easily do is NOT productive at all. It's a waste of human life. Despite all the talk about poverty, we're the fattest country. We don't know real poverty in the US.
Yes, I'm sorry for changing my answer. I was talking hypothetically at first, but realized we were talking about a more concrete topic, mcdonalds workers.
Edit: All I'm trying to say is that people have been claiming that technology would ruin everyone's lives for hundreds of years and look where we are now. It's just fear-mongering. Change is good.
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churchhaze
Well-Known Member
Off topic, I find it funny how liberal channels think I'm a right wing nut, while right wing nuts call me libtard. (there's no table for me in the lunch room)
Fogdog
Well-Known Member
Agree with you about the status of poor people in the US being better than that of the poor throughout much of history. The US isn't tops in today's world for how it treats its poor. We are pretty shitty compared to other industrialized western countries.
That said, tech is a mixed blessing for the poor. Some are displaced from jobs and other's jobs are improved by tech. The condition of the poor along with everybody else in our society is driven by increases in productivity, much of which comes from implementing new tech or better ways of using existing tech. This is not an equal distribution of improving conditions. For the past 50 years or so, the wealthy have seen out sized gains in their condition compared to the lower third of incomes in this country who have declined in social economic status during the same interval. For example, a blue collar worker 50 years ago could raise a family on his salary alone. For most of today's working poor, that is not possible today.
While I agree with you in concept that it's an overall good that people are freed from menial labor by tech, the fact of how people are faring on the lower end of the income distribution say otherwise. This is not to say we should all go back to pulling our own carts. I'm just saying that we haven't been growing equitably for a long time and the differences are starting to crack the society apart. I was hoping to see a shift away from past trends in income disparity but with the advent of Trump's administration I don't think so.