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Thread: Might be a delay getting your Big Mac today.

  1. #101
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    Re: Might be a delay getting your Big Mac today.

    Quote Originally Posted by MrVicchio View Post
    You are SOO right Deuce, they COULD. And they'd make a profit still. However, at least ONE FF chain wouldn't. And guess where investors would flock? Yeah, where the money is. McD's would lose investors, people would quit buying stock. That would kill the company. But hey, for a short while some burger flipper could make "a living wage". Good plan.
    The health of the business is never figured in to these situations.

    How can a franchise owner double his employees pay without it affecting everything else.

    If the workers made themselves worth twice as much, maybe I could see that, but minimum wage workers are minimum wage workers for a reason.

  2. #102
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    Re: Might be a delay getting your Big Mac today.

    Quote Originally Posted by Deuce View Post
    The point is that the money is there. I'm aware of the nature of franchise fast food.
    There is money everywhere but why should it go to these people if they are not worth that pay?

    The employees don't work for corporate, so why would they pay anything.

    Maybe Wal-Mart should pay the McDonald's employees. Maybe that would work.

  3. #103
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    Re: Might be a delay getting your Big Mac today.

    Quote Originally Posted by Deuce View Post
    By the way: if minimum wage had been indexed to inflation 40 years ago, it would be $10.74.
    Not exactly. Minimum wage in 1973 was $1.60, that is $8.42 with inflation (per Bureau of Labor Statistics). Counting the lower taxes today than in 1973 (12% effective tax versus 16% in 1973) puts the minimum wage in 1973 equivalent to more like $8.00/hour. Still slightly higher than today but still far less than currently is being asked for.

    In the US today 3% of workers actually make minimum wage. The subset of that 3% that actually support a family on minimum wage is less than that (approaching zero). The average minimum wage earner only earns minimum wage for a short period of time. McDonald's and other companies that start unskilled labor at minimum wage do value the employees who show they are capable of doing the job and would rather give an existing employee a raise over bringing in someone new.

    Consequently, the vast majority of people making minimum wage are college age or younger. My guess is that if you were to raise minimum wage to $12.00 you would see that bell curve shift heavily to the right, and you would see a corresponding jump in unemployment rate for people 24 and younger. As MaggieD pointed out, at those wages the employer can start asking for experience.
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

  4. #104
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    Re: Might be a delay getting your Big Mac today.

    Quote Originally Posted by Deuce View Post
    They're a profitable enterprise with plenty of assets. And would still be a profitable enterprise with plenty of assets.

    Your posts would seem to indicate that you don't have any idea at all what is going on in the United States. Why do you think Obama and all the big corporations and the Chamber of Commerce are pushing for amnesty and open borders now?

    It's pretty simple, the first wave of 40 million uneducated Mexicans is tired of living at minimum wage and now they want more money.

    Solution: Import millions more, uneducated minimum-wage Mexicans to replace the dissatisfied ones they have now and keep paying low wages to everyone.

    This is happening right before your eyes and you don't even see it. As soon as amnesty happens, none of those McDonald's workers striking for higher minimum wages aren't going to mean a thing because they'll all be fired and replaced.

    The problems you have are only beginning, it's going to get much much worse. The Mexicans were the first immigrants in American history to never do anything to improve themselves, now they're going to see the results of that sort of dependence. You're only needed here when you're willing to work for free.
    Last edited by Ray410; 12-05-13 at 05:18 PM.

  5. #105
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    Re: Might be a delay getting your Big Mac today.

    Quote Originally Posted by buck View Post
    He makes a good point. In the short term, her friend would do well to quit the job where she is actually obtaining real skills to go to work at McDonalds and make nearly the same salary. It reduces the amount of people that will try harder and succeed. Yes, there are a lot of people that think that way.

    in the long term, when McDonald's is paying 15/hr - and raising their prices.. The place his friend works will have to pay 40/hr to attract good candidates.

    When that happens, McDonald's employees - even at 15/hr, will shortly be "underpaid" and "on strike" again...

    Add to that and, eventually when labor becomes too expensive, technology will take its place. We see it at grocery stores now - with those awful self checkouts. Those were a response to employee wages.
    Why do you think $15/hour at McDonald's would become underpaid?
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  6. #106
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    Re: Might be a delay getting your Big Mac today.

    Quote Originally Posted by Mason66 View Post
    There is money everywhere but why should it go to these people if they are not worth that pay?

    The employees don't work for corporate, so why would they pay anything.

    Maybe Wal-Mart should pay the McDonald's employees. Maybe that would work.
    Who says they aren't worth it?
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  7. #107
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    AlabamaPaul's Avatar
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    Re: Might be a delay getting your Big Mac today.

    Quote Originally Posted by Deuce View Post
    Who says they aren't worth it?
    The marketplace...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  8. #108
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    Re: Might be a delay getting your Big Mac today.

    Quote Originally Posted by jmotivator View Post
    Not exactly. Minimum wage in 1973 was $1.60, that is $8.42 with inflation (per Bureau of Labor Statistics). Counting the lower taxes today than in 1973 (12% effective tax versus 16% in 1973) puts the minimum wage in 1973 equivalent to more like $8.00/hour. Still slightly higher than today but still far less than currently is being asked for.

    In the US today 3% of workers actually make minimum wage. The subset of that 3% that actually support a family on minimum wage is less than that (approaching zero). The average minimum wage earner only earns minimum wage for a short period of time. McDonald's and other companies that start unskilled labor at minimum wage do value the employees who show they are capable of doing the job and would rather give an existing employee a raise over bringing in someone new.

    Consequently, the vast majority of people making minimum wage are college age or younger. My guess is that if you were to raise minimum wage to $12.00 you would see that bell curve shift heavily to the right, and you would see a corresponding jump in unemployment rate for people 24 and younger. As MaggieD pointed out, at those wages the employer can start asking for experience.
    My mistake, that number was 45 years, not 40. (in 1968 the minimum wage was also $1.60)
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  9. #109
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    Re: Might be a delay getting your Big Mac today.

    Quote Originally Posted by AlabamaPaul View Post
    The marketplace...
    If the market place says they deserve minimum wage, and minimum wage is $15/hour, then they deserve $15/hour! Problem solved!
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  10. #110
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    Re: Might be a delay getting your Big Mac today.

    Quote Originally Posted by Deuce View Post
    If the market place says they deserve minimum wage, and minimum wage is $15/hour, then they deserve $15/hour! Problem solved!
    If you let the market determine the "minimum wage", I would agree, but an artificial wage set by government is not a reflection of the marketplace...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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