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

  1. #201
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    Re: Might be a delay getting your Big Mac today.

    So we can all be ready for it...when is this devastating and powerful strike supposed to take place?

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

    Quote Originally Posted by VanceMack View Post
    So we can all be ready for it...when is this devastating and powerful strike supposed to take place?
    It was on Thanksgiving day. They are planning on doing it again on Christmas.

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

    Quote Originally Posted by imagep View Post
    It was on Thanksgiving day. They are planning on doing it again on Christmas.
    Poor planning there! Someone needs a better coordinator.

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

    Quote Originally Posted by imagep View Post
    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.
    Good post. Very thoughtful.

    I'm certainly not against raising the MW, but this $15/hr thing seems poorly thought out to me. It's pie-in-the-sky fantasy without regard for the domino effect it would cause. (Presuming doing it all at once)
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    Re: Might be a delay getting your Big Mac today.

    Quote Originally Posted by Deuce View Post
    They could eat the cost of raising wages to $15/hour and still make billions in profit. Somehow. I think they'd live.
    It would be interesting to crunch the numbers on this. How many employees does Micky have? How many hours a year do they work? Multiply that by $7.00 subsidy per hour and there goes all the profit I bet and possibly even more.

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

    Quote Originally Posted by sawyerloggingon View Post
    It would be interesting to crunch the numbers on this. How many employees does Micky have? How many hours a year do they work? Multiply that by $7.00 subsidy per hour and there goes all the profit I bet and possibly even more.
    Not to mention, but a ton of McDonald's are franchises...so they are privately owned.
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    Re: Might be a delay getting your Big Mac today.

    Quote Originally Posted by TheGirlNextDoor View Post
    Not to mention, but a ton of McDonald's are franchises...so they are privately owned.
    Yeah we discussed that but Deuce seems to think Micky central should subsidize the franchises to the tune of 7 bucks an hour per employee with their "exorbitant" profits. I bet if you crunched the numbers on this their would be no profit at all and possibly would even bankrupt the company.

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

    Quote Originally Posted by sawyerloggingon View Post
    Yeah we discussed that but Deuce seems to think Micky central should subsidize the franchises to the tune of 7 bucks an hour per employee with their "exorbitant" profits. I bet if you crunched the numbers on this their would be no profit at all and possibly would even bankrupt the company.
    They will simply turn to Robo burger.

    The most expensive part of that flimsy burger from your local fast food joint isn't what you put in your mouth; it's the human hands that put it together. But this robotic burger-maker that preps, grills, and assembles your Royale with Cheese—automatically—may soon replace human line cooks altogether while saving the fast food industry billions.

    This Robo-Griller Can Flip 360 Burgers an Hour
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    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.
    Technology is an always changing and updating thing. That's like saying if we could colonize Mars we'd have done it already...
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed 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.


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

    Most McDonalds and other FF restaurants have endless lines of applicants.

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