if they are going to get 15$ a hr my wages will almost double then as a trucker since its a lot harder job and requirements are tough and driving 11hrs a day at times and chaining up in snow storms etc, isn't like the same as sitting behind a counter taking orders. so this result will really spike inflation overall and then the robots will replace our jobs we have now. its a loose loose situation as in see it. they should be protesting to stop any immigration into the us now since they are being undermine by mass workers from overseas http://www.foxnews.com/us/2017/09/04/fast-food-workers-strike-for-15-minimum-wage.html
so if the wages don't go up they will go on welfare and foodstamps etc so do we start a war to get them off the streets and on the front line with north korea and iran.. or is there other jobs for them too do, doesn't look good for them here http://www.theepochtimes.com/n3/2291134-u-s-employers-created-156000-jobs-in-august/ and if they get the 15$ a hr wage, inflation will spike interest rates strangling the economy off its a frecken catch 22 scenario
Fine, so Mickey Dees will pay them $15 an hour and double the price of Big Macs. Then none of their homeys will go there anymore and they'll be unemployed again, complaining there are no jobs. If they want to make $15 an hour, let them learn proper English, dress respectably, and earn a better job.
And this was the story of how every teenager and college student lost their job and how McDonald's cashiers were replaced by robots. The End.
There is nothing wrong with working at McDonald's though. I had a friend who was a total slacker in high school and after graduation he started working at McDonald's. He worked himself up to quite a high position and then started working at a bank. He then took some sort of evening-course and now has a marketing job at an aspiring bank. Had there been a 15$ minimum wage, he would have never made it this far.
We have a Wendy's and a Burger King right across the road from Golden Corral. For the price of a burger, fries and a drink at either one of those fast foot places, I can go across the road and get an all you can eat buffet. Who needs burgers and fries? People who go to these fast food joints need to rethink their eating habits. $15.00 an hour will surely increase prices some. Forget fast food, pay the same or less and eat a good meal at the Golden Corral. These folks could be very well pricing themselves out of a job. If not that, then automation and robotics. McDonalds has already went to kiosks to order food in some of their places.
I dunno I'm pretty conservative and the minimum wage needs to go up. You have any idea how much profit a McDonald's makes? Net? Yeah Yall making this a racial thing all involved. I'm looking at inflation, cost of living.. Food, rent, clothes, these things have gone up drastically since the last minimum wage hike. Like 30%? Big fast food business loves it. They pay people crap.. Who then go on welfare that I pay for! So in reality I am paying for not just the food but to pay their workers salaries too! Far right opinions are almost annoying as the Antifa Leftist loving Progressives. It's ridiculous how wealth distribution has driven out the middle class and left us with mooching freeloaders on one hand and elitist money grubbin in 1% ers on the other. Nothing conservatives have offered or said I have seen changes this trend. None of the dumb opinions in this thread naysaying minimum wage to $15 owns a McDonald's so you like paying for these people's food stamps and other subsidized crap? Look the Right don't wanna raise the minimum wage but also dont want people on welfare.. Now if your answer is.. Go get an education and get a salary job? Who is going to take my order at McDonald's? Illegals? No... Can't be them because the right wants to deport them... Endless circle of stupidity. I say raise minimum wage to $15 bucks. Yes this will effect small businesses but its time to stop being hypocrites. We paying MORE in taxes to take care of these people because no one can support a family on minimum wage or let's be honest even 10 bux an hour.. Get real.
Yea like 2.4% profit margin only like 10% of the stores are cooperation owned , the rest are owned by small business. The average profit margin for the whole industry is just 2.4%, according to Capital IQ, and that's down from 3.2% in 2009, which is when the recession ended. Here are the latest annual profits and margins for the 10 largest publicly held dining chains: McDonald's. 2012 profit: $5.5 billion; profit margin: 19.8%.Aug 29, 2013 Fast-Food Chains Aren't as Rich as Protesters Think - Yahoo Finance
This is the mess you get when you interfere with the free market.. Minimum wage = interference Welfare = interference Fine spot you have yourself in now.. If you had neither then Mcdonalds wouldn't exist or would be forced to pay a decent wage to attract employees..
Oh... I just realised. Fast food-restaurants can get around this new law by only hiring women. Because, you know. Wage gap. (Lolz)
Academically speaking, I am an "economic imbecile" - I've never taken one single hour of economy class and the only schooling I have in the field is that one and only day(!) the teacher in high school talked about supply and demand. Despite this lack of knowledge, I am smart enough to understand that minimum wages kills not only jobs for the unskilled, but also enterprise and customer satisfaction. I mean how hard can it be to understand? If government legislates that every waiter/cashier has to be paid 15$/hour, restaurants have to look for ways to cut cost. They will also have to raise prices as the price of production has increased. But, obviously, they cannot raise their prices too much and will have to fire a few employees to handle the new market-environment. Perhaps they will have to raise requirements too, meaning only brain-surgeons can mop the floors at KFC. For actual restaurants, that have waiters who serve the customer at the table, the conditions created by a 15$-minimum wage, it will potentially mean that the customer will have to serve themselves. Since that is part of the experience that the customer demands, cheaper restaurants will be fewer. And only the wealthiest of people, who can afford a 5 star restaurant will be able to dine.
I never did either, I learned all I needed to learn about economics , business, profit margins , labor cost...when I was 7 years old running a lemonade stand.
The best part of it all is that minimum-wage-advocaters tend to be high tax-supporters. So, if 16 year old Stacy working at Wendy's finally get that raise to 15$, she'll make 7$ at the end of the month anyways.
Maybe I should of been smarter, hired Cindy, Debbie down the street to serve.. and opened up earlier to serve the paper boy crowd..damn I could of made a killing
Labor costs don't contribute much to inflation, despite all the spastic whining. Wages in fast food here in Texas are still at $7.50 an hour, and yet the price of a crappy burger and fries with a drink is around $7 at a minimum for basically a biscuit sized bun, hardly any garnishes, and a few fries, not even a real meal's worth of food. If you want what used to be an average burger and homemade style fries and drink from 'the good old days', they're now considered 'gourmet' burgers and a burger basket for two will run close to $30. At McDonald's, at $15 an hour you might pay maybe 10 to 18 cents more for a cheap ass $2 order, and the percentage of labor costs go down dramatically the higher the cost of the order gets. In other news, the restaurant business has dumped into the toilet lately, and it ain't because of any wage increases, because there haven't been any. Keeping wages at about 30% of the inflation rate tends to suck disposable incomes into the toilet, and nobody can afford 'fast food' anymore, at any price. Businesses have already benefited from massive reductions in labor costs, so their whining is just a lot of lying and stupidity, and so is believing them when they make those silly claims.
Robots are already going to replace many workers so what have they got to lose? This will be good for labor organizing since when enough people get fed up with working conditions and pay, they'll take action. I say good for them and wish them all the best.
Wow So they are actually LITERALLY threatening to abuse the government system if they don't get their way? Sets a scary precedence considering barely half of the country is employed.
The price of Big Mac's will not double as much as you wish it would. The average price of a Big Mac will most likely increase a measly .22 per order.
Haha I love the fantasy dreamers here. They'll never completely eliminate the workforce; someone has to be there to step in when the robots malfunction or breakdown and deal with other issues that may come up.
Maaate!!! You should come work in Aus. Not only is our minimum wage nearly $19 an hour but we get a minimum 4 weeks annual leave 1 week sick leave (accrued annually) and long service leave
If they fire a few employees they won't be able to function efficiently and it'll effect their ability to produce the product to what people expect. The best thing they can do is increase prices modestly and a reduced profit which will allow them to stay in business. You'll likely never see that scenario occur; most people will want table side service as opposed to self service since others might take your food or potentially doctor it by mistakenly touch it.
That's funny I just googled a job board real quick on your claim, it provided false. This job post says $9 bucks an hour at McDonald's in Texas. Crew Person-Blanco/1604 McDonald's Franchisee - San Antonio, TX 78232 $9 an hour https://www.indeed.com/m/viewjob?jk....com/m/jobs?q=McDonald%27s&l=Texas+&from=home .