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No McDonalds Today
Topic Started: Apr 5 2013, 10:46 PM (1,727 Views)
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Truthie
Apr 7 2013, 11:32 AM
My question to you, Snidely? What would be the impact of an immediate increase in the minimum wage, to what you and Z seem to consider a living wage, of $15?
Paying 4 more dollars for a combo meal is worth it, if those people behind the counter are making 15 dollars an hour.
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Deleted User
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Truthie
Apr 7 2013, 11:32 AM
My question to you, Snidely? What would be the impact of an immediate increase in the minimum wage, to what you and Z seem to consider a living wage, of $15?
http://www.glassdoor.com/Hourly-Pay/In-N-Out-Burger-Hourly-Pay-E14276.htm


In N Out pays above minimum wage, and their prices aren't too high.
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Snidely Whiplash
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By immediate, if we're talking within a year, there might be some layoffs in the immediate short term. However I expect increased expanded economic activity because consumer spending will increase. Companies will ultimately benefit from having more people spending money on products. This will lead to more hiring to meet demand.

Also, what happens often is the so called rising tide that lifts all boats can have a positive upward effect on salaries for those making above the minimum wage. I personally experienced this decades ago when the minimum wage increased in MA.

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reddgirl64

Snidely Whiplash
Apr 7 2013, 12:50 AM
So it's reasonable to assume truthie and red advocate for the elimination of the minimum wage by logical extension.
No. Look at this issue from a different POV,

The wage goes to $15, which I'm for raising, maybe not $15, but at least, $10.

At $15, this will allow businesses to hire the best 'medium' qualified candidate. Why would they chose a teenager, or someone who has no job skills? Wouldn't you chose, someone with experience, age, dependable, and wiser? You are giving business owners the ability to lock out the less experienced, young people, and new grads..The business owner has all of the power, he will only become MORE selective...

Another view, two of my brothers are small business owners (less than 20 employees). At this time, none get's minimum wage, but they pay based off experience and need. He has to have an accountant, lawyer, financial advisors, etc......but he should not have to forced to pay a basic wage to someone with no experience, just because he needs a clerk?

I got my PHR certification. That certification starts me at a minimum of $80 thou a year. Minimum! We then negotiate based off experience, hours, benefits, etc....

At some point, the questions must be, those that want to earn, must acquire a skill. We do have the 'working poor', living paycheck to paycheck, and I'm open to hear, what can make this 'group' struggles lighter. But those who are not skilled, but want to demand, or get the same pay as others, just because.......


NO!
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VoiceofReason

Snidely Whiplash
Apr 8 2013, 12:18 AM
By immediate, if we're talking within a year, there might be some layoffs in the immediate short term. However I expect increased expanded economic activity because consumer spending will increase. Companies will ultimately benefit from having more people spending money on products. This will lead to more hiring to meet demand.

Also, what happens often is the so called rising tide that lifts all boats can have a positive upward effect on salaries for those making above the minimum wage. I personally experienced this decades ago when the minimum wage increased in MA.

Consumer spending will not increase. Demand will go down. The dollar per transaction will go up, but with reduced transactions, you'll see fast food restaurants closing. Another knee to America's economic groin.
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Deleted User
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Truthie
Apr 8 2013, 10:57 AM
Snidely Whiplash
Apr 8 2013, 12:18 AM
By immediate, if we're talking within a year, there might be some layoffs in the immediate short term. However I expect increased expanded economic activity because consumer spending will increase. Companies will ultimately benefit from having more people spending money on products. This will lead to more hiring to meet demand.

Also, what happens often is the so called rising tide that lifts all boats can have a positive upward effect on salaries for those making above the minimum wage. I personally experienced this decades ago when the minimum wage increased in MA.

Consumer spending will not increase. Demand will go down. The dollar per transaction will go up, but with reduced transactions, you'll see fast food restaurants closing. Another knee to America's economic groin.
No, what would happen is that the standards for these workers will go up.

Since they're getting paid more, they are going to be expected to do their jobs better. That means the food might actually look as advertised on the menus. Fast food companies might cut back on the money they spend on ads. TV ads, newspaper ads, magazine ads might go the way of the dodo bird.

In N Out commercials are rare. The company also pays their workers a decent wage for working in fast food.

McDonalds spends a lot of their money on ads. If they cut back on their ads, they could probably pay their workers much better.
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VoiceofReason

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No, what would happen is that the standards for these workers will go up.


No? What the heck you mean, no? ;)

Dee, there are many perspectives from which one could look at this. I'm looking from the customers perspective at this time, because its the customer who will decide whether they want to suddenly pay more for a McDonalds meal. Fast food chains have already seen a slowdown simply due to folks having less disposable income.

If prices suddenly increase, sales will drop dramatically. When sales go down, what happens? Layoffs. After layoffs, closures. After businesses start to close in an area, you see the death of the neighborhood.
Edited by VoiceofReason, Apr 8 2013, 12:12 PM.
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Deleted User
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Truthie
Apr 8 2013, 12:12 PM
Quote:
 
No, what would happen is that the standards for these workers will go up.


No? What the heck you mean, no? ;)

Dee, there are many perspectives from which one could look at this. I'm looking from the customers perspective at this time, because its the customer who will decide whether they want to suddenly pay more for a McDonalds meal. Fast food chains have already seen a slowdown simply due to folks having less disposable income.

If prices suddenly increase, sales will drop dramatically. When sales go down, what happens? Layoffs. After layoffs, closures. After businesses start to close in an area, you see the death of the neighborhood.
McDonals could cut back on their ads. We already know McDonalds exist, therefore it isn't needed for McDonalds to spend millions if not billions on TV ad space.
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VoiceofReason

Dee
Apr 8 2013, 12:16 PM
Truthie
Apr 8 2013, 12:12 PM
Quote:
 
No, what would happen is that the standards for these workers will go up.


No? What the heck you mean, no? ;)

Dee, there are many perspectives from which one could look at this. I'm looking from the customers perspective at this time, because its the customer who will decide whether they want to suddenly pay more for a McDonalds meal. Fast food chains have already seen a slowdown simply due to folks having less disposable income.

If prices suddenly increase, sales will drop dramatically. When sales go down, what happens? Layoffs. After layoffs, closures. After businesses start to close in an area, you see the death of the neighborhood.
McDonals could cut back on their ads. We already know McDonalds exist, therefore it isn't needed for McDonalds to spend millions if not billions on TV ad space.
I agree with you on that.
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negroplease

Dee
Apr 7 2013, 11:39 AM
Truthie
Apr 7 2013, 11:32 AM
My question to you, Snidely? What would be the impact of an immediate increase in the minimum wage, to what you and Z seem to consider a living wage, of $15?
Paying 4 more dollars for a combo meal is worth it, if those people behind the counter are making 15 dollars an hour.
Nah.

I dont even eat that shit now.

Def wouldnt pay four more dollars for it.
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