Page 12 of 39 FirstFirst ... 2101112131422 ... LastLast
Results 111 to 120 of 383

Thread: McDonald's boss says he's "proud" of wages as thousands of workers call for a rise

  1. #111
    Sage
    clownboy's Avatar
    Join Date
    May 2012
    Location
    Oregon
    Last Seen
    08-17-16 @ 08:31 PM
    Gender
    Lean
    Other
    Posts
    26,087

    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by Nursmate View Post
    No, I don't think you understand how the business cycle works...the point was...the cost of cars were lower while the wages were at a all time high then, whereas now, the labor costs are lower but the price of cars is obscenely inflated. Where is the savings going? It is not passed on to the consumer but we are still buying cars. Using the auto companies as an example, are we better off today with lower labor costs or was the middle class better off back then when they were earning higher wages? It doesn't matter what you think..as one person..but society as a whole is the big picture.
    I doubt very much from what you posted that YOU understand the business cycle. Globalization of the market breaks your explanation. Labor and thus material costs were far less on the foreign market and they were able to provide cars that Americans wanted at a much lower price, as opposed to the large land boats Detroit was pumping out that didn't suit anyone under 6 foot who didn't want to refill their tank every 12 miles.

    Quite a bit of the modern increase in auto pricing is directly due to massively increased regulation.

  2. #112
    Sage

    Join Date
    Dec 2013
    Last Seen
    Today @ 10:09 AM
    Lean
    Undisclosed
    Posts
    23,504

    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by Nicci View Post
    Actually it shows you don't understand how the economy is small towns works. I'm not surprised, when most of the town is based around the IT bubble that burst it takes years before anything recovers. I'm not even sure it has recovered yet in that area.

    It did change, but did not recover for the number of people in the program I was in. I still have friends that do not have a job in their degree of expertise when it comes to IT. That is over 15 yrs after they graduated, and mobility is not always an option for everyone.

    The disparaging comments I've seen on here from people is honestly appalling. People need to take a step back and look at it from out side their own world view.
    I come not only from a small town but a small state. then I lived in another small town. the fact is you have the options I did. move.

  3. #113
    Advisor Nursmate's Avatar
    Join Date
    Feb 2015
    Last Seen
    12-09-16 @ 10:41 PM
    Gender
    Lean
    Centrist
    Posts
    396

    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by ludin View Post
    most mcdonalds I see have 2 people working the register, 2 people working the drive through 4 people in the kitchen at least and a supervisor/manager somewhere.
    the average value meal is what 10 bucks max for a person? less if you get something off their value menu. if I go there mine is usually 5 or 6 bucks. that is lunch breakfast is even cheaper. 5 dollars max for breakfast.

    your numbers are way off. however there is more to it than just payroll which you don't mention.
    there is electric, water, sewage, gas, rent, taxes, payroll taxes, etc ... those places operate on thin margins.

    if you are a franchise then it is even worse because you owe 4% of your receipts back to corporate for franchising fee's.
    on a franchise basis they have about a 6% profit margin total. that pretty much sucks.







    yep they are more expensive because government continue's to push regulations on what goes into cars which makes them more expensive.
    13 an hour starting out is decent pay for someone with no skills doing what they are doing. IE putting windshield wipers on cars.

    yep and there is a ton more technology MPG increases and other demands that go into that car than the 80's as well.
    Regulation is just barf that is spewed by Fox News...we have regulation for a reason..safety being one of them. Regulation must not be hurting Ford Motor Company too bad...the CEO earned 18 million in 2014. Laughing all the way to bank as consumers spent 35K on a pickup truck...LOL

    Ford Reveals 2014 Executive-Compensation Packages - WSJ

  4. #114
    Advisor Nursmate's Avatar
    Join Date
    Feb 2015
    Last Seen
    12-09-16 @ 10:41 PM
    Gender
    Lean
    Centrist
    Posts
    396

    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by clownboy View Post
    I doubt very much from what you posted that YOU understand the business cycle. Globalization of the market breaks your explanation. Labor and thus material costs were far less on the foreign market and they were able to provide cars that Americans wanted at a much lower price, as opposed to the large land boats Detroit was pumping out that didn't suit anyone under 6 foot who didn't want to refill their tank every 12 miles.

    Quite a bit of the modern increase in auto pricing is directly due to massively increased regulation.
    Nope you are not getting the point...is the middle class better off today since jobs were shifted overseas for profit? Are we paying lower prices for cars since they are being built by folks earning 1.00 per hour?

  5. #115
    Student Nicci's Avatar
    Join Date
    Nov 2013
    Location
    Seattle
    Last Seen
    03-16-16 @ 05:53 PM
    Lean
    Independent
    Posts
    230

    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by ludin View Post
    I come not only from a small town but a small state. then I lived in another small town. the fact is you have the options I did. move.
    It depends on what you call a small town, under 10K is a small town and they do not offer the wages required to move from them, easily without help.
    "Love is a passion for life shared with another person."

    "How do you know the good memories from the bad, if you only have good ones."

  6. #116
    Sage
    clownboy's Avatar
    Join Date
    May 2012
    Location
    Oregon
    Last Seen
    08-17-16 @ 08:31 PM
    Gender
    Lean
    Other
    Posts
    26,087

    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by Nicci View Post
    Actually it shows you don't understand how the economy is small towns works. I'm not surprised, when most of the town is based around the IT bubble that burst it takes years before anything recovers. I'm not even sure it has recovered yet in that area.

    It did change, but did not recover for the number of people in the program I was in. I still have friends that do not have a job in their degree of expertise when it comes to IT. That is over 15 yrs after they graduated, and mobility is not always an option for everyone.

    The disparaging comments I've seen on here from people is honestly appalling. People need to take a step back and look at it from out side their own world view.
    You seem to think there's a one to one relationship between getting a degree in a field and having a career in that field. Yes, there's a far greater likelihood you will, but it has NEVER, EVER, been a guarantee. You actually have to be able to do the work competently. And in times when the field is going through turmoil, you have to be able to compete with your skillset.

    And yes, mobility in the US is ALWAYS an option. It may not be one you choose to take, but you're not chained to any location. But really, even in the days of the early web, as long as you were close to a hub you didn't need to be mobile.

  7. #117
    Sage
    clownboy's Avatar
    Join Date
    May 2012
    Location
    Oregon
    Last Seen
    08-17-16 @ 08:31 PM
    Gender
    Lean
    Other
    Posts
    26,087

    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by Nicci View Post
    It depends on what you call a small town, under 10K is a small town and they do not offer the wages required to move from them, easily without help.
    Absolute nonsense. I grew up in just such a town, under 3000 people.

  8. #118
    Student Nicci's Avatar
    Join Date
    Nov 2013
    Location
    Seattle
    Last Seen
    03-16-16 @ 05:53 PM
    Lean
    Independent
    Posts
    230

    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by clownboy View Post
    Absolute nonsense. I grew up in just such a town, under 3000 people.
    Someone or company helped you move, small towns don't pay more than minimum wage while in college.
    "Love is a passion for life shared with another person."

    "How do you know the good memories from the bad, if you only have good ones."

  9. #119
    Student Nicci's Avatar
    Join Date
    Nov 2013
    Location
    Seattle
    Last Seen
    03-16-16 @ 05:53 PM
    Lean
    Independent
    Posts
    230

    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by clownboy View Post
    You seem to think there's a one to one relationship between getting a degree in a field and having a career in that field. Yes, there's a far greater likelihood you will, but it has NEVER, EVER, been a guarantee. You actually have to be able to do the work competently. And in times when the field is going through turmoil, you have to be able to compete with your skillset.

    And yes, mobility in the US is ALWAYS an option. It may not be one you choose to take, but you're not chained to any location. But really, even in the days of the early web, as long as you were close to a hub you didn't need to be mobile.
    Mobility is a luxury afforded to people who are able to be paid more than minimum wage, by a significant portion.
    "Love is a passion for life shared with another person."

    "How do you know the good memories from the bad, if you only have good ones."

  10. #120
    Sage
    clownboy's Avatar
    Join Date
    May 2012
    Location
    Oregon
    Last Seen
    08-17-16 @ 08:31 PM
    Gender
    Lean
    Other
    Posts
    26,087

    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by Nursmate View Post
    Nope you are not getting the point...is the middle class better off today since jobs were shifted overseas for profit? Are we paying lower prices for cars since they are being built by folks earning 1.00 per hour?
    YOU aren't getting the point. You are wrong. Those cars you see on the road are built largely by Americans in America. Honda, Toyota, built here, by American labor.

Page 12 of 39 FirstFirst ... 2101112131422 ... 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
  •