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

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

Then why don't you write Washington about it, instead of complaining about third world countries. It's their business what they do.

Who's blaming third world countries? The blame lies with Washington, as you said, and with corporations that save money by moving operations to those third world countries.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Who's blaming third world countries? The blame lies with Washington, as you said, and with corporations that save money by moving operations to those third world countries.

Saving money is part of good business. What's your issue?
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Saving money is part of good business. What's your issue?

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

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.

Name for me a U.S. Corporation that moves their operations overseas strictly because of wages? Taxes and Regulations are more of a problem than Wages and I know of no major corporation that pays minimum wage in this country and moves their operations overseas.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Name for me a U.S. Corporation that moves their operations overseas strictly because of wages?

3M
Taxes and Regulations are more of a problem than Wages and I know of no major corporation that pays minimum wage in this country and moves their operations overseas.

Of course, if they can get by with paying minimum wages, they're less likely to go overseas.

and, sure, taxes and regulations are a part of it. Remember, they can dump their effluent in the nearest river? That's a regulation.
 
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
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

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

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.
 
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