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Old 03-28-2014, 11:22 PM
 
Location: SoCal
5,722 posts, read 4,533,198 times
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Good news, but isn't Connecticut pretty expensive?
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Old 03-28-2014, 11:24 PM
 
Location: Las Vegas,Nevada
9,282 posts, read 5,767,643 times
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Quote:
Originally Posted by Futurist110 View Post
Good news, but isn't Connecticut pretty expensive?
Remember Leftist don't care about facts or results, just emotions.

Last edited by gunlover; 03-28-2014 at 11:36 PM..
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Old 03-28-2014, 11:34 PM
 
Location: Brooklyn, NY $$$
6,836 posts, read 12,859,070 times
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Originally Posted by OICU812 View Post
How is a person supposed to raise a family on $10 an hour?
Who would even think about a family at that wage?
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Old 03-28-2014, 11:34 PM
 
Location: NJ
18,677 posts, read 17,072,530 times
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Quote:
Originally Posted by Futurist110 View Post
Good news, but isn't Connecticut pretty expensive?
VERY expensive. I am from Ct. Try ordinary homes often well over 500k, hotel rates about 150% the average for all US per Smith Travel Research (most quoted media source), restaurants up there run me 150-200% comparable quality restaurants in Nashville metro.
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Old 03-28-2014, 11:36 PM
 
Location: Portland, Oregon
46,053 posts, read 29,533,646 times
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Quote:
Originally Posted by gunlover View Post
Remember Leftist don't care about fact, just emotions.
I am pretty sure most liberals are aware that Connecticut is an expensive state, not sure what that has to do with emotions. Could you explain this post in better detail because I am not following your claim.
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Old 03-28-2014, 11:39 PM
 
Location: Las Vegas,Nevada
9,282 posts, read 5,767,643 times
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Originally Posted by urbanlife78 View Post
I am pretty sure most liberals are aware that Connecticut is an expensive state, not sure what that has to do with emotions. Could you explain this post in better detail because I am not following your claim.
They think the raise the wage will make things better, that is never the case, your are going to mechanization of labor at a faster rate..
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Old 03-28-2014, 11:56 PM
 
Location: Portland, Oregon
46,053 posts, read 29,533,646 times
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Originally Posted by gunlover View Post
They think the raise the wage will make things better, that is never the case, your are going to mechanization of labor at a faster rate..
So giving raises is a bad thing? Do you turn down a raise when your boss gives you one because you don't want a machine to do your job? Technology is going to increase at the rate it has always increased at, minimum wage increases aren't going to have any effect on that.
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Old 03-29-2014, 12:01 AM
 
Location: NJ
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Originally Posted by urbanlife78 View Post
So giving raises is a bad thing? Do you turn down a raise when your boss gives you one because you don't want a machine to do your job? Technology is going to increase at the rate it has always increased at, minimum wage increases aren't going to have any effect on that.
Raises speed up the process, as corps invest based on ROI , measured in payback years. It comes down to amount invested/labor savings = ROI years. When a denominator is raised w/o the numerator raised, the answer is reduced. A lower amount of payback years increases the chance something gets automated.

Our 120k packout robots replaced a like amount of labor annually.1 year payback. If we could only cut 50k, the payback being > 2 years, would have meant the capital request would be denied.

Now, eventually the robots we pay 120k for now will cost 50k, so in the latter equation, we'd do it at that time anyway. But raising the cost of the human makes the alternative a more attractive option than before. Self-serve checkouts, kiosks, Applebee's 100,000 tablets, robots will keep getting CHEAPER, as humans cost more. A self-created train wreck.
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Old 03-29-2014, 12:12 AM
 
Location: Portland, Oregon
46,053 posts, read 29,533,646 times
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Quote:
Originally Posted by bobtn View Post
Raises speed up the process, as corps invest based on ROI , measured in payback years. It comes down to amount invested/labor savings = ROI years. When a denominator is raised w/o the numerator raised, the answer is reduced. A lower amount of payback years increases the chance something gets automated.

Our 120k packout robots replaced a like amount of labor annually.1 year payback. If we could only cut 50k, the payback being > 2 years, would have meant the capital request would be denied.

Now, eventually the robots we pay 120k for now will cost 50k, so in the latter equation, we'd do it at that time anyway. But raising the cost of the human makes the alternative a more attractive option than before. Self-serve checkouts, kiosks, Applebee's 100,000 tablets, robots will keep getting CHEAPER, as humans cost more. A self-created train wreck.
No it doesn't technology advances speed up the process. A computer is no longer $100K and the size of a room, it is now a few hundred dollars and the size of a smart phone. Applebee's doesn't pay servers that much to begin with and in many states they pay them below minimum wage, but even with the tablets, there are still servers to bring people their food and drinks....though I have seen tablet service before at airports and it makes a restaurant feel cheap and lazy. When I go out to eat, I prefer a well trained server over a tablet.
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Old 03-29-2014, 12:15 AM
 
Location: NJ
18,677 posts, read 17,072,530 times
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Originally Posted by urbanlife78 View Post
No it doesn't technology advances speed up the process. A computer is no longer $100K and the size of a room, it is now a few hundred dollars and the size of a smart phone. Applebee's doesn't pay servers that much to begin with and in many states they pay them below minimum wage, but even with the tablets, there are still servers to bring people their food and drinks....though I have seen tablet service before at airports and it makes a restaurant feel cheap and lazy. When I go out to eat, I prefer a well trained server over a tablet.
Applebees will no doubt cut heads, and while the jobs do not pay much, anything is more than nothing.
The other chains will also install tablets. At the end of the day, this will cut the quantity employed in restaurants by at least one third.
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