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It is impossible to argue against less consumer spending is better for the economy when it entails a portion from the 1%. Even if the 1% would benefit from an increase in consumer spending the concept requires an understanding of a construct which is beyond some peoples intelligence level. Therefore, it is better to lower the difficulty of learning to a more simplistic level. Why do West and East economies out perform mid West and Southern states with greater overall contributions to the federal government? This is still difficult, but maybe a light or two may shine.
The point was supposed to be that everyone is worth AT LEAST $10.10. Hence, MINIMUM. Good to know you'd no longer think of going above and beyond and rewarding people above that...
Also, the inflationary impact of minimum wage increases is grossly overstated all over this forum. It would be "minimal" (ha. ha.). But seriously, minimum wage increases would only inflate the demand curve very slightly, thus providing those at the new minimum wage with a substantial, inflation-adjusted increase in spending power.
Precisely. All the people who claim that increasing the minimum wage would increase costs proportionally seem to forget that the wages paid to the minimum wage workers are not the only thing driving cost. Plenty of studies have been done that prove the inflationary effect is minimal, though that rarely matters since much of the resistance to minimum wage increases is based upon a mix of bad economic understanding or just wanting to stick it to the "lazy poor people" who work those jobs.
Precisely. All the people who claim that increasing the minimum wage would increase costs proportionally seem to forget that the wages paid to the minimum wage workers are not the only thing driving cost. Plenty of studies have been done that prove the inflationary effect is minimal, though that rarely matters since much of the resistance to minimum wage increases is based upon a mix of bad economic understanding or just wanting to stick it to the "lazy poor people" who work those jobs.
I believe labor cost are about a quarter of a MCD expenses and currently not all employees make min wage. A 40% increase in a quarter of your expenses(mind you the actual increase would be less than that) would at most impact your total expenses 10% overall
Mcdonalds make tons of money from business deals such as franchising, real estates, and investments. They can afford giving every worker free healthcare and still make a profit.
We're at a point where big business is so far ahead of worker wages in the past decade. It's gonna be a zero sums game at some point when everything cost so much and nobody can afford anything anymore.
When was the last time you actually tipped a McD, Walmart, or grocery clerk worker? I've never tipped them and I don't know anybody that has.
When was the last time you received service at McD, Walmart, or the grocery store that was stellar enough to deserve a tip?
Quote:
Originally Posted by vision33r
Mcdonalds make tons of money from business deals such as franchising, real estates, and investments. They can afford giving every worker free healthcare and still make a profit.
We're at a point where big business is so far ahead of worker wages in the past decade. It's gonna be a zero sums game at some point when everything cost so much and nobody can afford anything anymore.
As usual when someone starts bashing McDonald's, you are leaving out the fact that the majority of McDonald's restaurants are not owned by McDonald's. They are franchises, and the franchisee is responsible for things like healthcare and wages.
There will be even fewer "tip jars" as more fast food places go automated. Panera Bread is pushing out new self-ordering kiosks over the next two years. Or you can order via your smart phone and just pick up your order.
You may be able to tip the person who gives you your order.
When was the last time you received service at McD, Walmart, or the grocery store that was stellar enough to deserve a tip?
As usual when someone starts bashing McDonald's, you are leaving out the fact that the majority of McDonald's restaurants are not owned by McDonald's. They are franchises, and the franchisee is responsible for things like healthcare and wages.
I think MCD only owns/operates around 15% of its stores
I'm a 15% tipper, add 5% if service is great, deduct 5% if I run out of water, $10 for delivery, $5 for baggers, and two bucks for carry-out.
Honestly the people I tipped made great pay for the short amount of time I interacted with them.
But to heck with all that. From now on it's the amount of time that my service request took times 10.10.
I will do my best to get you your minimum wage, sure you would have done a lot better under the old system, but this is more fair, and it'll save me money so I can afford to pay more for all the other things that'll cost more when min wage eventually hits 10.10.
Oh, and I'll be sure to put that tip on my card so you have to claim it on your taxes, no more under reporting
id prefer the operator of the business determine the salaries and not put that responsibility on me. id like to drop all tipping.
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