Well, how about the acknowledgement that McDonald's & Taco Bell are muti-billion, multi-national corporations with hundreds of supply chain operations where hundreds of thousands of dollars in purchases are made every day.
Perhaps their business model isn't very similar to family owned & operated businesses. If you apply McD's business practices to Frank's Diner, Frank is going out of business next week.
Then, youre only options to eat are A)cook for yourself (which you can't do, you Hot Pocket eating piece of shit) or B) McDonald's, Taco Bell & fucking Subway over & over for the rest of your fat ass life
Someone explain to him Denmark is not America. It is a small country with a population of almost 6 million whereas America is large and has a population of 300 million. The wages vary differently from state to state.
America can best be compared to EU countries with the EURO as a currency. There is a reason why they do not have the same minimum wage in the EURO zone. Taxes and regulations vary in those countries just like in America.
You can not have a one size fit all. Some places have a high cost of living whereas others do not. A minimum wage makes sense in California but not Texas or South Carolina. Minimum wage will kill small businesses in small and rural towns where the cost of living in not high.
It's really this simple: A business has a budget for operating expenses vs income. If you can't afford enough employees , you fire those who don't contribute to your profits. Higher wages make your business less cost effective. Nobody forces anyone to work for the agreed upon wages.
Simple: economic law states that if you raise the price of something, people will demand less of that. Labour is no different. Employers will just hire fewer people or cut hours. That quote is likely erroneous or lacking some context. And another thing: voluntary employment contracts are not exploitation. If 2 parties agree to something it means each party is receiving a benefit that is greater than what they traded. Basic contract law.
If you consider a burger flipper can cook hundreds of burgers an hour, I’m surprised it went up $.80. We have a local burger chain called Dicks and starting pay is $17 hour with a full benefit package.
Here's one thing. Where I live the daycare workers (usually college kids) make around $8 to $10/hour. I know because my daughter works at one during school breaks. If minimum wage goes up to $15/hour, the salaries for these workers will go up 50%. How will they make up those costs? Higher daycare prices. Childcare for working parents is already a huge burden, and it will increase. I'm all for my kid making more money, but I can see what will happen in that sector if wages go up that much.
You're not supposed to make a living wage at a fast food job. Unfortunately these kids get shit degrees or stay because their friends and dealer work there.
Run that inflation through every purchase made in a month... just in this food order example add a drink and fries, maybe dessert. Now think about the grocery store, services, transportation, housing/utilities, and entertainment.
Ask this tool why minimum wage isn't $1000/hr. (Bread=$350 loaf) . Purchase power dissolves since it takes more "money" to buy the same thing when inflation and interest is added in a non-value added environment.
Bonus: Credit is the absolute worst because those of us that pay cash have to compete with people that don't have the cash and strap on financial debt chains.
Something like https://www.forbes.com/sites/timworstall/2015/08/12/denmark-does-not-have-a-20-minimum-wage-try-11-70-instead/?sh=533129978146
This, and the fact that the Big Mac Meal average price in the U.S. is $5.99 (https://www.fastfoodmenuprices.com/mcdonalds-prices/) and in Denmark, it's $12.
I.e. @goodpoliticguy is a fucking moron.
My reply would be tell people to fuck off to Denmark to work at maccy d's then
Well, how about the acknowledgement that McDonald's & Taco Bell are muti-billion, multi-national corporations with hundreds of supply chain operations where hundreds of thousands of dollars in purchases are made every day.
Perhaps their business model isn't very similar to family owned & operated businesses. If you apply McD's business practices to Frank's Diner, Frank is going out of business next week.
Then, youre only options to eat are A)cook for yourself (which you can't do, you Hot Pocket eating piece of shit) or B) McDonald's, Taco Bell & fucking Subway over & over for the rest of your fat ass life
That's because a big Mac costs 30 dollars lol
.80c per person adds the fuck up.
80 cents per item ordered really adds up. That is a $2.40 increase on every "value" meal that already costs 8 to 10 bucks depending on where you live
Someone explain to him Denmark is not America. It is a small country with a population of almost 6 million whereas America is large and has a population of 300 million. The wages vary differently from state to state. America can best be compared to EU countries with the EURO as a currency. There is a reason why they do not have the same minimum wage in the EURO zone. Taxes and regulations vary in those countries just like in America. You can not have a one size fit all. Some places have a high cost of living whereas others do not. A minimum wage makes sense in California but not Texas or South Carolina. Minimum wage will kill small businesses in small and rural towns where the cost of living in not high.
It's really this simple: A business has a budget for operating expenses vs income. If you can't afford enough employees , you fire those who don't contribute to your profits. Higher wages make your business less cost effective. Nobody forces anyone to work for the agreed upon wages.
Simple: economic law states that if you raise the price of something, people will demand less of that. Labour is no different. Employers will just hire fewer people or cut hours. That quote is likely erroneous or lacking some context. And another thing: voluntary employment contracts are not exploitation. If 2 parties agree to something it means each party is receiving a benefit that is greater than what they traded. Basic contract law.
Fast food places can fire workers and replace them with robots. They keep a few at $20 an hour and replace the rest with robots.
If you consider a burger flipper can cook hundreds of burgers an hour, I’m surprised it went up $.80. We have a local burger chain called Dicks and starting pay is $17 hour with a full benefit package.
3 employees make 10 dollars an hour => 2 employees making 15
Prices went up because artificial wages went up see how that works it is called, inflation.
In the 1980s in Sweden a meal at McDonald’s was about $18 in USD. At same time in US it was under $4
Why is it some people think that no-skill laborers should be paid high wages with benefits?
puts on old person hat Back in my day starting out with a crappy job was incentive to either go to school or learn a trade.
Here's one thing. Where I live the daycare workers (usually college kids) make around $8 to $10/hour. I know because my daughter works at one during school breaks. If minimum wage goes up to $15/hour, the salaries for these workers will go up 50%. How will they make up those costs? Higher daycare prices. Childcare for working parents is already a huge burden, and it will increase. I'm all for my kid making more money, but I can see what will happen in that sector if wages go up that much.
Fine, make all the multi-billion dollar corps pay $15 (then watch as robots take over) Leave the mom & pops alone.
Bring up how Denmark is 86.3% Danish and how socialism only works in overwhelmingly White countries.
We should be pushing for a scenario where we make $1 an hour and rent is $15 month.
Restoring a sound currency and stopping the money printing would be a step in that direction.
You're not supposed to make a living wage at a fast food job. Unfortunately these kids get shit degrees or stay because their friends and dealer work there.
Run that inflation through every purchase made in a month... just in this food order example add a drink and fries, maybe dessert. Now think about the grocery store, services, transportation, housing/utilities, and entertainment.
Ask this tool why minimum wage isn't $1000/hr. (Bread=$350 loaf) . Purchase power dissolves since it takes more "money" to buy the same thing when inflation and interest is added in a non-value added environment.
Bonus: Credit is the absolute worst because those of us that pay cash have to compete with people that don't have the cash and strap on financial debt chains.