Automation
White Castle can pay $15/hour but it cannot pay the current number of employees $15/hour. (Profit per square foot)
Maybe they could adapt the Taco Bot 3000
is there any business in the world that is needed less than fast food joints?
not only will people run fast the other way from any price hikes, but since they don’t take food stamps, even the people who live off other people’s money and usually don’t care how they spend it, wont be going there either.
there’s two types of people involved. the Marxists, who are doing it on purpose, and the retards who really think people will pay double for a horrible cheeseburger.
That’s what I’m thinking. If min wage goes through the roof expect to see more automation replacing min wage/unskilled workers. At what hourly wage does a burger flipping machine break even? The machine will probably do a better job too.
“Automation”
You are exactly right. They ALL lose their jobs.