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

  1. #381
    Sage
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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Dittohead not!;1064724799]3M
    3 M pays minimum wage? Prove it?


    Of course, if they can get by with paying minimum wages, they're less likely to go overseas.
    I'm sorry, didn't know that businesses were in business to pay for your living expenses? Companies that don't move overseas are small ones in local communities paying, local, state, and Federal taxes along with all the regulations required in those communities.

    and, sure, taxes and regulations are a part of it. Remember, they can dump their effluent in the nearest river? That's a regulation.
    There is a reason that Texas is drawing businesses to the state. Businesses cannot get away from paying Federal Taxes but they can go to states with lower taxes and bring their taxpayers and consumers with them

  2. #382
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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by Dittohead not! View Post
    You see, the problem is this:

    If company A sends its operations to Outer Slobovia, where the prevailing wage is $5 a day for 12 hour days, children can be hired at any age, and effluent can be dumped in the local water supply, then they save money. If Company B doesn't, then they don't save money, and become uncompetitive. Now, Company A produces all of the wigets, and Company B is in bankruptcy. That is all well and good for the bottom line of Company A, except that now no one has any money to buy their widgets.

    Henry Ford figured that out about a hundred years ago. Fortunately for him, he didn't have to compete with the company producing Model T's in Outer Slobovia and selling them cheap.
    Sounds like business. So how are you going to draw them back, because all you've done is cry about it.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country spoke, and The Donald is now POTUS.

  3. #383
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    Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

    Quote Originally Posted by American View Post
    Sounds like business. So how are you going to draw them back, because all you've done is cry about it.
    What I've done is describe the situation as it is.
    Making Russia great again!



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