Exactly, they shure as shit don’t have a problem giving their “food” away now. The truth is most likely that telling their investors that they won’t make so much money will be a devastating financial blow.
In our local fast foods most places are already advertising at least $19 hour for new hires. Is also over $20 for a kids meal and one adult meal “deal”, which takes less than 5-6 minutes to sell me.
I mean, my kid worked at a McD and got so much free food and not the stuff they are about to throw, but he would straight up make himself a quarter pounder combo, and then make me one fresh for free as many times as he wanted. He even would stop by on his off days, walk in and cook himself something and they didn’t care because of how much money they brought in. It was stupid and they should definitely raise the salaries of their employees instead of just showering them with free McD food.
The irony of you asking for smarts to be considered in regards to a mega billion dollar corp, who can more than afford this change for the entire country, let alone just California, is astounding while you are commenting the stupidest crap about “free markets” in relation to this news. It is hilariously pedantic…
There is literally nothing incorrect with the statement “enforced minimum wages go against the free market philosophy” and the statement itself makes no claim one way or the other about their personal views. It’s just pointing out a factually incorrect claim. Ironically enough, your paragraph reply is the hilariously pedantic part
There is a lot wrong with that statement, but one look at your username,tells me I’m not speaking to anyone worth conversating with… pp.boy… pretty on the nose with proud boy huh…
Yeah, that adds up… proud boys think they have something to show off when in reality we all laugh at that member you call a penis but is the size of an enlarged clit… no shame bro…
But anyway, back to the conversation. Use your degree in economics (which you clearly have) to explain exactly how state-enforced minimum wages do not directly conflict with the ideas of lassaiz-faire free market economies. Please, be as specific as possible.
The group said the costs “simply cannot be absorbed by the business model.”
They can do business, just not be as profitable if they can’t pay slave wages. The problem here is in the quote… they don’t want to change the model where the franchisee’s earn a little less and their crews can actually afford rent.
Why the heck should the franchisee be footing the bill? Make corporate McDonald’s pay for it. Surely they’ve made enough money off ice cream machines by now to afford it…
Would you pay $20 for a Big Mac? …though they’ll probably automate the cooking and cashier positions, so they don’t have to pay an employee what I make as a robotics technician.
So it turns out that you are underpaid just like these McDonald’s employees. Unless by robotics technician you mean something like a roomba repairman. Maybe support your fellow laborers when they are fighting for fair wages. It shouldn’t be a competition.
No, I wouldn’t. That’s why they won’t price it at $20. They’re gonna have to figure something else out or just have a complete negative loss in the state. You can try to price gouge people but they’ll likely just go somewhere else. This is some bs thinking through and through
Are you ignorant or what? There’s proof worldwide that paying your workers decent wages doesn’t cost more. Also, imagine what would happen if workers actually had money to spend… Guess where they’d spend.
The guy who owns the franchise my nephew worked at in high school drove an actual Rolls Royce. He owned a few, but goddamn. The guy who owned the franchise I worked at 20 years earlier owned like 3 houses or something and flew planes as a hobby (idk if he owned one).
Excuse me for not giving a shit about a financial blow to people like them.
I live in a small town, McDonald’s is the only “fast food” place here until last week when a Popeye’s chicken opened. That place had been packed every day since they opened. You can get an equivalent meal for two at nearly the price of one meal at McDonald’s.
McDs is one of the longest-lasting and most profitable chains in the world and a bunch of Ayn Rand-slurping assholes insist that they cannot possibly survive without exploitation so WONT YOU THINK OF THE POOR MULTIMILLIONAIRES??!!!
And? Of course it’ll cost them money. They have been hoarding pay increases for years. 8f your business model doesn’t support paying a decent wage, your business model sucks.
That’s what it says, but it’s just marketing. Capitalists don’t actually believe in fair competition. They believe in themselves having all the stuff, not anyone else, by any means necessary.
Yeah, doing some quick math, if the rental wants 3x the rent in income to qualify and you make $40k, you’re at best going to be able to qualify for something that runs ~$1100. That’s a really crappy 1-bedroom in my medium-sized FL city if you’re really lucky.
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