Page 20 of 23 FirstFirst ... 101819202122 ... LastLast
Results 191 to 200 of 221

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

  1. #191
    Noblesse oblige
    Ockham's Avatar
    Join Date
    Oct 2009
    Location
    New Jersey
    Last Seen
    01-27-17 @ 07:23 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    23,909
    Blog Entries
    4

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

    Quote Originally Posted by Deuce View Post
    How is mcdonalds supposed to sell the current number of burgers with a substantially lower workforce?
    Automation?
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  2. #192
    Outer space potato man

    Join Date
    Feb 2010
    Last Seen
    12-16-17 @ 11:29 PM
    Gender
    Lean
    Undisclosed
    Posts
    51,849

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

    Quote Originally Posted by radcen View Post
    Can places like McD's and Walmart still make a profit if they pay $15/hr? Possibly.

    Can everybody else? Phfft! No. Do we sacrifice them and the jobs they currently provide?

    Even if they can, what incentive would investors have to keep their money in said company at a drastically reduced ROI when they could move their money elsewhere and keep the same or close ROI they're getting now?

    People who claim corporations should pay more without raising prices just because they can are demonstrating a serious naivete and lack of understanding of both business and human nature.
    No they aren't. They're outright demonstrating they understand business and human nature. Corporations could treat their employees better, but they choose not to.
    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.

  3. #193
    Outer space potato man

    Join Date
    Feb 2010
    Last Seen
    12-16-17 @ 11:29 PM
    Gender
    Lean
    Undisclosed
    Posts
    51,849

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

    Quote Originally Posted by Ockham View Post
    Automation?
    If they could reduce workforce they'd do it already.
    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.

  4. #194
    Villiage Idiot
    imagep's Avatar
    Join Date
    May 2010
    Location
    Upstate SC
    Last Seen
    Yesterday @ 11:24 PM
    Gender
    Lean
    Independent
    Posts
    23,584

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

    Quote Originally Posted by radcen View Post
    Can places like McD's and Walmart still make a profit if they pay $15/hr? Possibly.

    Can everybody else? Phfft! No....
    Assuming that the pay increase resulted in increased demand, and thus more business sales, and thus more need for employees, and thus more business sales, then most likely few businesses would fail due to an increase in minimum wage.

  5. #195
    Phonetic Mnemonic ©
    radcen's Avatar
    Join Date
    Sep 2011
    Location
    Look to your right... I'm that guy.
    Last Seen
    Today @ 08:23 AM
    Lean
    Centrist
    Posts
    33,438

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

    Quote Originally Posted by imagep View Post
    Assuming that the pay increase resulted in increased demand, and thus more business sales, and thus more need for employees, and thus more business sales, then most likely few businesses would fail due to an increase in minimum wage.
    Your wording is careful. For example, there's "increased minimum wage" and then there's a literal doubling of the MW. Which, specifically, are you speaking?
    If you claim sexual harassment to be wrong, yet you defend anyone on your side for any reason,
    then you are a hypocrite and everything you say on the matter is just babble.

  6. #196
    Sage
    Arbo's Avatar
    Join Date
    Dec 2011
    Location
    Colorado
    Last Seen
    07-12-16 @ 01:32 AM
    Gender
    Lean
    Independent
    Posts
    10,395
    Blog Entries
    2

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

    Quote Originally Posted by HenryChinaski View Post
    http://www.keyetv.com/news/features/...ay-14783.shtml Phew, I'm glad that I bagged my lunch to work.
    Any franchise owner worth anything will fire any that do not show for work. Let these idiots that want more money for a non-skilled job go out and find a job that pays them what they want. And then realize it doesn't exist if your skill set is limited to working at McDs.
    "nah i think the way cons want to turn this into a political issue is funny though" - Philly Boss

  7. #197
    Villiage Idiot
    imagep's Avatar
    Join Date
    May 2010
    Location
    Upstate SC
    Last Seen
    Yesterday @ 11:24 PM
    Gender
    Lean
    Independent
    Posts
    23,584

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

    Quote Originally Posted by radcen View Post
    Your wording is careful. For example, there's "increased minimum wage" and then there's a literal doubling of the MW. Which, specifically, are you speaking?
    I wouldn't recommend doubling minimum wage overnight. That would be foolish, even for people who think it is doable.

    However, I think that we should experiment with it. Maybe raising it 10% per year until the increase starts to either cause an inflation rate that is higher than the feds target rate, or until the increases start to reduce job opportunities. That could happen after the first increase, or maybe never. Who the heck knows? Regardless, eventually we would discover the "economically optimizing minimum wage".

    In theory, it's possible (though not likely), that we could increase minimum wage up to the average productivity per worker (GDP/workers), and thats something around $50/hr. Realistically, there are socioeconomic reasons that everyone shouldn't make the same wage, thus the "economically maximizing" minimum wage is probably far less than that. We really have no clue what it is because we have never done much experimenting with it.

    Based upon actual economic history, it's likely that it could be at least $10.50 an hour, because thats what it was back in the late 1960's. There is also some evidence that it may be as high as $16/hr, like it is in Australia (which has a faster growth rate, lower unemployment, and lower poverty level than the US). I just wouldn't risk our economy with those types of jumps all at once.

  8. #198
    Sage
    Arbo's Avatar
    Join Date
    Dec 2011
    Location
    Colorado
    Last Seen
    07-12-16 @ 01:32 AM
    Gender
    Lean
    Independent
    Posts
    10,395
    Blog Entries
    2

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

    Quote Originally Posted by imagep View Post
    However, I think that we should experiment with it. Maybe raising it 10% per year
    Hmm, an economy that is still in the crapper, so you want to increase everyone's salary 10% across the board (as when you raise the bottom, everything else must rise as well)? I think a basic understanding of economics and the bad place our economy is in, one wouldn't need to actually run such an experiment to figure out what most likely will result.
    "nah i think the way cons want to turn this into a political issue is funny though" - Philly Boss

  9. #199
    Villiage Idiot
    imagep's Avatar
    Join Date
    May 2010
    Location
    Upstate SC
    Last Seen
    Yesterday @ 11:24 PM
    Gender
    Lean
    Independent
    Posts
    23,584

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

    Quote Originally Posted by Arbo View Post
    Hmm, an economy that is still in the crapper, so you want to increase everyone's salary 10% across the board (as when you raise the bottom, everything else must rise as well)? I think a basic understanding of economics and the bad place our economy is in, one wouldn't need to actually run such an experiment to figure out what most likely will result.
    Discoveries are made by experimenting, not by creating hypothisis based upon limited considerations.

    My expectation would be that if we increased minimum wage, that wage increase would translate directly into increased demand, since the poor tend to spend 100% of what they make. Increased demand should result in increased business profits, and increased business expansion, creating more jobs.

    I don't know that everyones income would increase by the same percentage, although I would expect that most lower income workers would receive a noticable pay raise. I have no clue how it would effect Bill Gates or Warren Buffet, although it would be interesting to find out (thus the need for experimentation).

    But that's just my theory. Who the heck knows unless we try it and see.

  10. #200
    Sage

    Join Date
    May 2009
    Location
    USA
    Last Seen
    Today @ 05:46 PM
    Gender
    Lean
    Conservative
    Posts
    9,812

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

    Quote Originally Posted by Deuce View Post
    If they could reduce workforce they'd do it already.
    They have in countries where the cost of labor gets to a point where it is more beneficial to go with automation.

    The desire to do so here, where the workers only make $7 to $8 per hour, just isn't there.

    Get to labor prices like they have in Euro and Aus, they will.

Page 20 of 23 FirstFirst ... 101819202122 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •