Posted on 04/01/2024 11:03:21 AM PDT by Red Badger
Cost and wage end up getting into an upward horse race neck and neck.
How much of a subsidy is Greg Flynn getting State and Federal?
- Prices will go higher because gov't is forcing higher costs
- Fewer businesses/outlets because higher prices will lower demand because of inaffordability causing many business/outlets to fail.
The Left succeeds in doing what it always does: cause shortages and impoverishment.
Here’s something else to know: thousands have already been fired and more are to come. I was at my local
McDonald’s last week. They have one of the production lines sealed off now and they’re politely insisting that ordering be done at the kiosk
Instead, data showed wages went up and employment did not fall, said Michael Reich, a labor economics professor at the University of California-Berkeley.
“I was surprised at how little, or how difficult it was to find disemployment effects. If anything, we find positive employment effects,” Reich said.
Wow, what quality research and data. This guys is ready to document the climate “crisis” next.
Soon even our hamburgers will be made in China.
“...that many of the more than 500,000 people who work in fast food restaurants are not teenagers...”
_________________________________
Soon to be, “the more than 200,000 people who work in fast food restaurants.”
The ones that are left.
I have a problem with the idea that a job flipping burgers should support a family of four. It has always been a “starter job”. Some go on to become managers, franchisees, but most move on to more skilled work. Why would a person “arrived” in America have no more skills than that, ie: none? We already have plenty like that. Somehow, bleeding heart liberals feel they can mandate the very turning of the world. Is this the end of the fast food industry, or are people really going to pay the necessary increases in price to eat that garbage?
I maybe wrong, but I foresee an increase in automation and a loss in jobs. But of course our great poilticians couldn’t care less.
$20/hr is $41,600 annually based on a full-time schedule. That’s not going to support anyone in Calipornia.
I guess very soon cheap ass burgers will become a luxury item.
With all the various costs that go into fast food, why is it labor gets all the attention. You never see this “Gound beef goes up 20% to $8.00 many burger places will go out of business”.
The anti-labor chicken hawks are out in force. Many must physically whip their employees.
I live in a small town in Arizona. Low cost of living.
The In-And-Out restaurant pays about $19, minimum. And yet their burgers are about $4.
In general, I’m opposed to high minimum wages. But some establishments can pay a high wage, and still keep prices low, such as In-And-Out.
Before manufacturing was offshored your statement was probably true. ( 30 years ago)
New $20 minimum wage for fast food workers and what’s the minimum wage for everyone else ?
I went to a local sandwich place the other day. I rarely eat out. It was 16 dollars for a sandwich. Everything is worse with the “leadership” of this disgusting chomo and the democrat crooks.
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