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$15 minimum wage means layoffs: White Castle exec
CNBC ^ | December 4, 2013 | Drew Sandholm

Posted on 12/04/2013 6:21:51 PM PST by grundle

A top executive at White Castle cooked up a spicy retort on Wednesday to calls by some fast-food workers to raise the minimum wage to $15 a hour from $7.25, arguing such an increase would force the hamburger chain to close nearly half of its locations and lay off thousands of workers.

"To more than double the federally mandated starting wage wouldn't be bad for White Castle, it would be absolutely catastrophic," Jamie Richardson, vice president of White Castle, told CNBC's "Closing Bell" on Wednesday.

Such an increase would force the closure of more than 200 of its 406 locations across the United States, Richardson said, with any remaining locations "glowing embers. They would be dying stars."

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: economics; fastfoodstrike; minimumwage
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To: ConservativeTeen

I think Fox pays Bob Beckel to make stupid, nonsensical comments. Otherwise, there would be no opposing viewpoint.


61 posted on 12/05/2013 6:58:38 AM PST by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: bgill
Austin workers are expected to walk off the job at McDonald’s, Jack in the Box, Burger King, Wendy’s, Wingstop and Popeye’s.

Job fairs will be held at all those properties five minutes after the strike starts...bring your resumes!

62 posted on 12/05/2013 7:01:07 AM PST by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Vince Ferrer
Friend, do that and they will ALWAYS vote for the Dems. Because the Dems will come in and offer some sort of welfare to pay for them, and blame the evil capitalists.

Stop thinking tactics, thing strategy. The most dangerous thing against the conservative movement isn't the liberals, it is the fact that most conservatives think very short term.

63 posted on 12/05/2013 7:10:28 AM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: grundle

I can buy microwavable frozen White Castle burgers which taste about the same as the ones I get at the drive-thru window. They could fire everybody, and install burger vending machines at convenience stores.


64 posted on 12/05/2013 7:13:33 AM PST by PapaBear3625 (You don't notice it's a police state until the police come for you.)
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To: Vince Ferrer
Pile drive the young into poverty so they eat out of trash dumpsters, and until they never, ever vote for a democrat again.

Nah. The government will just give them more free s#!t and convince them to blame the evil corporations and capitalism. The only thing that will get their attention is when they find themselves in the boxcars to the gulag. Then they can blame it all on George Bush.

"... oh, if only Stalin knew then he would stop this injustice...!"

65 posted on 12/05/2013 7:23:30 AM PST by Gritty (You can't fix crazy any more than you can fix stupid. Obamacare was never going to work.-Steve Deace)
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To: cherry
You're too late:

And.....


66 posted on 12/05/2013 7:35:22 AM PST by bgill (This reply was mined before it was posted.)
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To: Busko

Hear, hear!

They don’t show for scheduled work, fire them. If they aren’t scheduled to work but participate in these illegal strikes against their employers, fire them. Should this nonsense continue, automate and eliminate the positions.

Am sick and tired of this union BS being used to destroy the country!


67 posted on 12/05/2013 9:04:08 AM PST by DakotaGator (Weep for the lost Republic! And keep your powder dry!!)
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To: griswold3

“Automation”

You are exactly right. They ALL lose their jobs.


68 posted on 12/05/2013 9:07:17 AM PST by READINABLUESTATE ("If guns cause crime, there must be something wrong with mine." -Ted Nugent)
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To: MamaDearest
Thinks of it this way. You are a kid working for $725 an hour.

Union agitators come in and say they can get you $15.00an hour. You are young and dumb ( if you weren't dumb you would be in college at Momma's expense.)you know little about Unions and that they will eventually get theirs back when they force you into the Union. What would you do?

69 posted on 12/05/2013 9:16:39 AM PST by Venturer (Keep Obama and you aint seen nothing yet.)
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To: driftdiver

In preparation for the firing that will follow—I suggest you scan the employees cars in your parking lot & target those with Obama stickers first!!!


70 posted on 12/05/2013 10:59:08 AM PST by ridesthemiles
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To: Blood of Tyrants

Walk off the job and don’t bother showing up the next day.”””

IF I were running such a company, I would make sure that they understood in writing that any unexcused absences were immediate grounds for discharge. No second chances.


71 posted on 12/05/2013 11:00:31 AM PST by ridesthemiles
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To: ridesthemiles

Honestly I scan for that before hiring. Don’t tell HR ok, shhhh.


72 posted on 12/05/2013 12:06:04 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: grundle

What I can’t understand is why some progressive icon like Soros or Bill Gates doesn’t start an “ethical” fast food franchise and pay the counter employees $15/hr with gold plated benefits.

Wouldn’t all the Democrats flock to a place like that for a $10 burger?


73 posted on 12/05/2013 12:08:20 PM PST by nascarnation (Wish everyone see a "Gay Kwanzaa")
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