Fast Food locations closing down rather than pay employees more

[drebo]

A part-time minimum wage job will NEVER be enough to raise a family on. Ever. It doesn't matter if minimum wage is $1000/hr. It won't be enough.

That's why it's the minimum fucking wage.

Want more money and better standard of living? Get a better job.

If a restaurant is unprofitable because the government made the labor too expensive, then it should be closed. Businesses aren't charities.

 

[drebo]

Min wage in this country is absurd, and those franchises that are closing were only making a profit by underpaying labor.

If they're so underpaid, why don't they go get a better paying job?

Wages (well, non-executive wages) aren't made up out of the blue, you know. Supply and demand dictates wages. A job that everyone can do has much more supply than demand and thus is worth less wages.

How can a person be underpaid if they aren't qualified to do anything else?

Seems to me that these people are paid exactly what they should be. The hundreds of applicants fast food joints with open jobs seem to corroborate that.

 

[TreVader]

If they're so underpaid, why don't they go get a better paying job?

Wages (well, non-executive wages) aren't made up out of the blue, you know. Supply and demand dictates wages. A job that everyone can do has much more supply than demand and thus is worth less wages.

How can a person be underpaid if they aren't qualified to do anything else?

Seems to me that these people are paid exactly what they should be. The hundreds of applicants fast food joints with open jobs seem to corroborate that.

Supply and demand do not directly affect wages in any way. These people do get other jobs, I think it would be hilarious to watch a sitcom of the average member of P&N living on 7$ an hour part time.


It would basically be a show about the homeless.

 

[drebo]

Supply and demand do not directly affect wages in any way.

What the fuck? How fucking stupid are you?

If there's a job that 50 companies need (demand) and only one person can do it (supply), that job is worth a lot.

If there's a job that 50 companies need (demand) and 100,000 people can do it (supply), that job isn't worth anything.

Seems to me that wages are pretty much directly dependent on supply and demand.

 

[TreVader]

What the fuck? How fucking stupid are you?

If there's a job that 50 companies need (demand) and only one person can do it (supply), that job is worth a lot.

If there's a job that 50 companies need (demand) and 100,000 people can do it (supply), that job isn't worth anything.

Seems to me that wages are pretty much directly dependent on supply and demand.

WTF is wrong with you are you really that retarded?


50 companies aren't looking for unskilled labor. Unskilled labor means UNSKILLED. Google it you stupid fuck.

 

[drebo]

WTF is wrong with you are you really that retarded?


50 companies aren't looking for unskilled labor. Unskilled labor means UNSKILLED. Google it you stupid fuck.

Er...what?

What does that have to do with supply and demand in the labor market?

Oh, right. Not a fucking thing.

Unskilled laborers are no different, aside from the fact that ANYONE can do it. Thus, VERY high supply, very low wage.

Do I need to draw you a picture?

 

[TreVader]

Er...what?

What does that have to do with supply and demand in the labor market?

Oh, right. Not a fucking thing.

Unskilled laborers are no different, aside from the fact that ANYONE can do it. Thus, VERY high supply, very low wage.

Do I need to draw you a picture?

I think you would be hard pressed to draw me a picture based on the content of what you write. You don't seem to be able to comprehend the difference between DIRECTLY and INDIRECTLY.

Supply and demand for Big Macs has ZERO effect on wages for workers at McDonalds DIRECTLY. You switched from speaking about demand for the product to suddenly talking about demand for labor.

 

[K1052]

Who cares? Carl's Jr is disgusting.

This.

 

[drebo]

I think you would be hard pressed to draw me a picture based on the content of what you write. You don't seem to be able to comprehend the difference between DIRECTLY and INDIRECTLY.

Supply and demand for Big Macs has ZERO effect on wages for workers at McDonalds DIRECTLY. You switched from speaking about demand for the product to suddenly talking about demand for labor.

Fucking moron, I'm not talking about supply and demand of the product. I'm talking about supply and demand of labor and skills.

Fucking idiot.

 

[glenn1]

raise the minimum wage, offer your employees healthcare.

what we have is the alternative. how's that working out for you

It's working out pretty damn good for me and the overwhelming majority of non-minimum wage people. If anything we need to stop wasting so much time and money for the farce of "education" for the stupid, unmotivated, and unwilling when it's so clearly pointless and get them into those minimum wage jobs after junior high.

 

[Carson Dyle]

It's working out pretty damn good for me and the overwhelming majority of non-minimum wage people. If anything we need to stop wasting so much time and money for the farce of "education" for the stupid, unmotivated, and unwilling when it's so clearly pointless and get them into those minimum wage jobs after junior high.

Junior High???? Are you crazy? Any 8 year old can flip burgers or pick lettuce.

 

[zanejohnson]

It's working out pretty damn good for me and the overwhelming majority of non-minimum wage people. If anything we need to stop wasting so much time and money for the farce of "education" for the stupid, unmotivated, and unwilling when it's so clearly pointless and get them into those minimum wage jobs after junior high.

i own a small business, i have one employee. i pay for his insurance, IN FULL., i pay him a liveable wage (he's a single guy in his early 20's, with an apartment, i make SURE he doesn't struggle, because if he struggles, he's not able to work to his full potential, which is what i expect...therefore..i struggle...understand?

we work side by side. and because of that, and because he knows i care about him an value him as an employee and dont want him to leave, i offer him incentive not to. it's really that simple. you gotta give a little to get a little.... some weeks are slow, and he might actually have more spending money than me some weeks, but i'm not about to cut his pay, or his hours, or his incentives to stay.... that's what being a honest job creator is really about.

 

[Double Trouble]

Min wage in this country is absurd, and those franchises that are closing were only making a profit by underpaying labor.

I've always found this notion of fair wage or underpaying labor interesting. Can you define for me what the 'right' rate is that the workers should be getting paid for that job, and how you came up with that number? How should the hourly rate that someone gets paid be determined?

 

[JEDIYoda]

Fucking moron, I'm not talking about supply and demand of the product. I'm talking about supply and demand of labor and skills.

Fucking idiot.

you got that right!!

 

[MongGrel]

If it costs more to run the business than it takes in will happen all the time.

I live in the land of restaurants going out of business if they have no profits, you're either viable or you're going to shut down.

 

[Fern]

In areas with high minimum wages there will just be much fewer restaurants (and jobs) and the prices will be higher. But there will still be some fast food burger joints.

But this sort of thing will have a rippling effect throughout the economy. Obviously fewer workers at the fast food restaurant, but also reduced demand for raw materials, fewer truck drivers to deliver, buildings sitting empty, less in real estate and sales tax for the city/county etc.

Fern

 

[Victorian Gray]

In areas with high minimum wages there will just be much fewer restaurants (and jobs) and the prices will be higher. But there will still be some fast food burger joints.

But this sort of thing will have a rippling effect throughout the economy. Obviously fewer workers at the fast food restaurant, but also reduced demand for raw materials, fewer truck drivers to deliver, buildings sitting empty, less in real estate and sales tax for the city/county etc.

Fern

It's funny. We've been hearing pretty much the same arguments ever since the minimum wage first came into being. Even funnier, the economy has managed to deal with every increase in minimum wage since. Who'd a thunk it...

 

[who?]

In an ideal market infinite competition drives prices down to production cost which makes margins tiny if they exist at all.

 

[TreVader]

Fucking moron, I'm not talking about supply and demand of the product. I'm talking about supply and demand of labor and skills.

Fucking idiot.

Read your original post you fucking imbecile.


Seriously I'm done w you it's not even worth my time to explain written English.

 

[cabri]

It's funny. We've been hearing pretty much the same arguments ever since the minimum wage first came into being. Even funnier, the economy has managed to deal with every increase in minimum wage since. Who'd a thunk it...

Does the economy handling an increase minimum wage also handle the lost jobs that the OP identifies as a result of the wage increase?

When a company lets go a part time worker; most times, that worker is not recorded in the system as a lost job. Nor is the reason for the worker being let go..

When a company folds due to wage increases, why would such show up in the labor stats.

 

[cubby1223]

It's funny. We've been hearing pretty much the same arguments ever since the minimum wage first came into being. Even funnier, the economy has managed to deal with every increase in minimum wage since. Who'd a thunk it...

In the past, limited technology and communications have helped shield us from the low-wage worker competition across the globe.

 

[BoberFett]

Bummer, I guess Dave is going to have to find a new line of work.

 

[ivwshane]

In areas with high minimum wages there will just be much fewer restaurants (and jobs) and the prices will be higher. But there will still be some fast food burger joints.

But this sort of thing will have a rippling effect throughout the economy. Obviously fewer workers at the fast food restaurant, but also reduced demand for raw materials, fewer truck drivers to deliver, buildings sitting empty, less in real estate and sales tax for the city/county etc.

Fern

Did you pull that out of your ass? Study after study shows the impact of raising minimum wage to be minimal. The worst case studies have shown an increase if unemployment for teenagers by less than 3%, that's 3% of working teens, not the working population.

You righties continuously spew shit with no evidence to back up your claims. Do you do it because you are a liar or because you are ignorant?

Does the economy handling an increase minimum wage also handle the lost jobs that the OP identifies as a result of the wage increase?

When a company lets go a part time worker; most times, that worker is not recorded in the system as a lost job. Nor is the reason for the worker being let go..

When a company folds due to wage increases, why would such show up in the labor stats.

Where did you get that from?

 

[drebo]

Read your original post you fucking imbecile.


Seriously I'm done w you it's not even worth my time to explain written English.

nm, not worth my breath.

 

[drebo]

It's funny. We've been hearing pretty much the same arguments ever since the minimum wage first came into being. Even funnier, the economy has managed to deal with every increase in minimum wage since. Who'd a thunk it...

Well, considering we're seeing rising unemployment, price increases that outpace inflation, and an increase in credit spending...I'd say it kind of is coming true.

If it truly had a negligable effect, prices would be more or less tied to inflation and unemployment would not increase.