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The Magic Cafe Forum Index » » Not very magical, still... » » McDonalds to start paying $15 - $20 minimum wage any day now (16 Likes) Printer Friendly Version

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rockwall
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Lobo, you mean that you don't think all the progressives would start eating at McDonalds to support them for their progressive ways? Surely they won't mind paying a little more for a Big Mac to show support. Heck, maybe even Michelle will make McDonalds her restaurant of choice when she's on vacation!
tommy
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Well Hillary backs $15 per hour minimum wage:


http://thinkprogress.org/world/2015/06/0......-canada/
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.

Tommy
Dannydoyle
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Quote:
On Jun 10, 2015, LobowolfXXX wrote:
Quote:
On Jun 10, 2015, Dannydoyle wrote:
You miss the greater pint. That simply be passed along to the consumer.


If only it were all that easy. There are price points beyond which some people simply won't buy your product. And McDonalds may be a billion dollar company, but franchises and their owners are a different story. don't get me wrong, I agree that prices will be going up, but so will unemployment. At least the value of their dollars won't.


Actually it is that easy. What you state is simply a result of passing that cost along. It is just further down the road is all.
Danny Doyle
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<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
lunatik
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On Jun 10, 2015, The Hermit wrote:
Kiosks and robots demand no wage. $15 an hour is 30K a year. Do we think taking orders is a skilled job? Soon young people will have no starter jobs where they learn the basics of showing up, responsibility, team work, etc. Our economy will not support unskilled and often not bright people earning what a somewhat skilled person does. If your goal is to have a career that consists of putting money in a drawer and burgers in a bag, don't count on it paying or lasting. This is the start to more poor people being unable to enter the workforce because machines will do those jobs. It's going to devastate the very people it's designed to help. But then again, that's what government usually does.


It's going to devastate the illegal immigrants!
"Don't let your Dreams become Fantasies"
The Hermit
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Quote:
On Jun 10, 2015, Dannydoyle wrote:
Quote:
On Jun 10, 2015, LobowolfXXX wrote:
Quote:
On Jun 10, 2015, Dannydoyle wrote:
You miss the greater pint. That simply be passed along to the consumer.


If only it were all that easy. There are price points beyond which some people simply won't buy your product. And McDonalds may be a billion dollar company, but franchises and their owners are a different story. don't get me wrong, I agree that prices will be going up, but so will unemployment. At least the value of their dollars won't.


Actually it is that easy. What you state is simply a result of passing that cost along. It is just further down the road is all.


You assume that whoever that cost is passed to agrees to accept it.
RNK
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Quote:
On Jun 10, 2015, The Hermit wrote:
Kiosks and robots demand no wage. $15 an hour is 30K a year. Do we think taking orders is a skilled job? Soon young people will have no starter jobs where they learn the basics of showing up, responsibility, team work, etc. Our economy will not support unskilled and often not bright people earning what a somewhat skilled person does. If your goal is to have a career that consists of putting money in a drawer and burgers in a bag, don't count on it paying or lasting. This is the start to more poor people being unable to enter the workforce because machines will do those jobs. It's going to devastate the very people it's designed to help. But then again, that's what government usually does.


The Left can't understand this.... They think EVERYONE should be equal, Even if you push buttons on a register.
LobowolfXXX
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It IS easy to raise the prices; it's not easy to recoup all of your added expenses by doing so.
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley.

"...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us."
Mystification
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Here comes $10.00 hamburgers!
Dannydoyle
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Quote:
On Jun 10, 2015, LobowolfXXX wrote:
It IS easy to raise the prices; it's not easy to recoup all of your added expenses by doing so.


No doubt. And all those downstream consequences happen.
Danny Doyle
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<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
Slim King
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Just watch Seattle ... It's already losing businesses. They are simply moving to where the wages are lower or shutting the doors. When profit levels drop, so do the investors .... Stocks go down and the money moves on.
THE MAN THE SKEPTICS REFUSE TO TEST FOR ONE MILLION DOLLARS.. The Worlds Foremost Authority on Houdini's Life after Death.....
Starrpower
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Quote:
On Jun 10, 2015, Dannydoyle wrote:
You miss the greater pint. That simply be passed along to the consumer.


Yes. So then the very people who are getting paid more now have to pay more for services and products dues to higher wages, thereby negating their raise. Wouldn't that be a zero net gain? And is this inflation?

It seems to me that arbitrarily raising wages accomplishes almost nothing because of what Danny just said. Where does the money come from? Consumers.
acesover
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I have a great idea. Why don't all who feel that those who work at McDonald's and deserve at least $15 an hour start tipping them 20%. It will take care of itself in no time. All prices of burgers stay the same and those who feel the employees are undercharged can see that they are not by tipping. Problem solved. The extra money has to come from somewhere. So why not solve your own problem and start tipping them.

Just keep in mind that the order of burgers, fries and soft drinks that cost you and the hubby and the kids $15 is now going to cost you $18. But at least the guy or girl who served you is getting $15 an hour. So you should be happy.
If I were to agree with you. Then we would both be wrong. As of Apr 5, 2015 10:26 pm I have 880 posts. Used to have over 1,000
Intrepid
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Quote:
On Jun 10, 2015, Starrpower wrote:
Quote:
On Jun 10, 2015, Dannydoyle wrote:
You miss the greater pint. That simply be passed along to the consumer.


Yes. So then the very people who are getting paid more now have to pay more for services and products dues to higher wages, thereby negating their raise. Wouldn't that be a zero net gain? And is this inflation?

It seems to me that arbitrarily raising wages accomplishes almost nothing because of what Danny just said. Where does the money come from? Consumers.

Adding on to the above. All business cost are covered by the cost of the products we buy. If their costs go up, so does the cost of the goods or services they sell. There is no magic ATM machine, and goods don't magically produce themselves.
Bob
Dannydoyle
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Yep guys. True.
Danny Doyle
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<BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell
mastermindreader
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Quote:
On Jun 10, 2015, acesover wrote:
I have a great idea. Why don't all who feel that those who work at McDonald's and deserve at least $15 an hour start tipping them 20%. It will take care of itself in no time. All prices of burgers stay the same and those who feel the employees are undercharged can see that they are not by tipping. Problem solved. The extra money has to come from somewhere. So why not solve your own problem and start tipping them.

Just keep in mind that the order of burgers, fries and soft drinks that cost you and the hubby and the kids $15 is now going to cost you $18. But at least the guy or girl who served you is getting $15 an hour. So you should be happy.


Hey. I have a better idea. Why don't you stick to your conservative values and let McDonald's pay its employees whatever it wants to pay them? It was THEIR IDEA to raise their minimum hourly rate. Are you seriously suggesting that we need more government regulations to tell them that they must pay them less?

The government regulates miniumum wage, but in the case of McDonalds you seem to be suggesting that the maximum wage should be regulated too.

Sounds like you advocate socialism after all. (With exceptions of course- you seem to have no problem with the fact that CEO pay is far more responsible for higher prices than the lowly wages being paid to the peons you so despise.)
ZachDavenport
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I haven't read the whole thread, but if McDonald's can do this then great, but based on my extremely limited knowledge of how money works, the profits will drop too much for it to last.
Reality is a real killjoy.
mastermindreader
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I doubt it Zach. Lots of people support companies who pay their employees a decent wage. Look at the story of Costco vs Walmart.
The Hermit
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Ah the old CEO ploy. We need to get this out of the way. The McDonalds CEO makes 9M or so a year. Most CEO pay is from options that have no value unless he makes the stock/profits go up. It's a 27B company. He gets 9M, his pay isn't even a rounding error. Is he paid more 500 times more than a guy who puts burgers together? Yeah. Because he can run a 27B company. Burger flippers usually can barely do that. When they can run a billion dollar company they get more money. When you do a job that requires no skill, you get no skill pay. Why do liberals think someone is owed a living wage. You are paid based on your economic value to the company/customer. Just like performers, able to do birthday parties? - you get $200, fill an auditorium? $100K to millions. It works the same way in show biz. Why is so and so paid so much, because they sell tickets. I could perform in an auditorium and do an OK job, why can't I get 50K a performance? No will pay $100 a ticket to see me.

All business is the same. CEO pay is never a reason the little people are not paid enough. They're not worth it. period. You're paid your worth to the company. Don't feel worthy? Go somewhere else that wants your special skill. I assume everyone on this board is paid exactly how they feel they should or maybe we need a minimum wage for magicians.

Mcdon'alds hires 1M people each year because they have 150% turnover with employees because people use it as a starter job or seasonal. The workforce is about 700K. That kind of turnover is huge and costly. More reason for robots/kiosks. When all this shakes out, poor people will have no place to start work. Only skilled people will have jobs.





Quote:
On Jun 11, 2015, mastermindreader wrote:
Quote:
On Jun 10, 2015, acesover wrote:
I have a great idea. Why don't all who feel that those who work at McDonald's and deserve at least $15 an hour start tipping them 20%. It will take care of itself in no time. All prices of burgers stay the same and those who feel the employees are undercharged can see that they are not by tipping. Problem solved. The extra money has to come from somewhere. So why not solve your own problem and start tipping them.

Just keep in mind that the order of burgers, fries and soft drinks that cost you and the hubby and the kids $15 is now going to cost you $18. But at least the guy or girl who served you is getting $15 an hour. So you should be happy.


Hey. I have a better idea. Why don't you stick to your conservative values and let McDonald's pay its employees whatever it wants to pay them? It was THEIR IDEA to raise their minimum hourly rate. Are you seriously suggesting that we need more government regulations to tell them that they must pay them less?

The government regulates miniumum wage, but in the case of McDonalds you seem to be suggesting that the maximum wage should be regulated too.

Sounds like you advocate socialism after all. (With exceptions of course- you seem to have no problem with the fact that CEO pay is far more responsible for higher prices than the lowly wages being paid to the peons you so despise.)
The Hermit
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[quote]On Jun 10, 2015, acesover wrote:
I have a great idea. Why don't all who feel that those who work at McDonald's and deserve at least $15 an hour start tipping them 20%. It will take care of itself in no time. All prices of burgers stay the same and those who feel the employees are undercharged can see that they are not by tipping. Problem solved. The extra money has to come from somewhere. So why not solve your own problem and start tipping them.

Just keep in mind that the order of burgers, fries and soft drinks that cost you and the hubby and the kids $15 is now going to cost you $18. But at least the guy or girl who served you is getting $15 an hour. So you should be happy. [/quote

Good idea. The problem is that this is an ideological fight. It's got nothing to do with helping people, it's an agenda. If you want to help people, you don't mandate businesses out of business. It's kind of like how we had 15M people without insurance. For 15Billion, we could give them all insurance and leave everybody else alone. Nope, gotta increase everybody's insurance through a costly and overhead crazy program. If everybody insured was assessed a $50 a year for an insurance pool, we could have avoided Obamacare. Want to fix the minimum wage? Set up a governement that encourages business and get more jobs going. Wages will increase.
Intrepid
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Quote:
On Jun 11, 2015, mastermindreader wrote:
you seem to have no problem with the fact that CEO pay is far more responsible for higher prices than the lowly wages being paid to the peons you so despise.

How did you arrive at the conclusion that CEO pay creates higher prices? My gut instinct is that the opposite is happening. That certain corporate leaders earn those high salaries because they have proven themselves effective at delivering products or services to consumers that are of a better value. It is us the consumers that reward or punish companies based on the purchasing choises we make every day.
Bob
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