McDonald's ex-CEO just revealed a terrifying reality for fast-food workers

[JSt0rm]

$15/hour is twice as expensive as today's $7.50/hour.

Look for your cost of basic items to go up too.

-John

Is that your gut thinking?

 

[Zorkorist]

Yeah, basic economics.

-John

 

[JSt0rm]

my gut = basic economics.

 

[Zorkorist]

We shouldn't be raising wages, we should be stopping Government spending.

-John

 

[brycejones]

Some of us should stop drinking.

 

[Zorkorist]

Eat shit, Bryce.

-John

 

[MtnMan]

fuck me...

the world hates people on minimum wage...

but robots have been painting cars for years... he makes a valid point.

There are people making minimum wage that are grossly overpaid.

 

[brycejones]

Eat shit, Bryce.

-John

Freaking brilliant response. What's the liquor of choice tonight?

 

[Zorkorist]

You tell me, pig.

-John

 

[JSt0rm]

There are people making minimum wage that are grossly overpaid.

Really? I bet people paying min wage would take virtually anyone without a criminal record.

 

[Zorkorist]

Why would they? Obama just doubled their wages.

Might as well sit and fart.

-John

 

[brycejones]

You tell me, pig.

-John

Oh come on, you could do better if you weren't a drunk.

 

[ivwshane]

$15/hour is twice as expensive as today's $7.50/hour.

Look for your cost of basic items to go up too.

-John

Less than 4% of hourly workers make the federal minimum wage. When will we see the increased prices?

 

[shady28]

The reason establishment lefties ask for 15/hr minimum wage is because they know they won't get it. By making such a ludicrous ask, they tie the whole topic up as nothing more than a feel-good election talking point.

If they really wanted to get something done, they'd ask for something reasonable like 9/hr - given that the peak for min wage in inflation-adjust terms was equivalent to 8.65/hr at today's prices, that would still be progress. But no, they don't actually want that.

 

[Sonikku]

If they asked for 9 the compromise might be 8 if they're lucky. Dealing with politicians is sort of like dealing with car salesmen. You don't get the first price out of your mouth.

 

[zinfamous]

The reason establishment lefties ask for 15/hr minimum wage is because they know they won't get it. By making such a ludicrous ask, they tie the whole topic up as nothing more than a feel-good election talking point.

If they really wanted to get something done, they'd ask for something reasonable like 9/hr - given that the peak for min wage in inflation-adjust terms was equivalent to 8.65/hr at today's prices, that would still be progress. But no, they don't actually want that.

gays
voter IDs
abortion
guns

none of these are topics that conservative fascists pump into the election cycle as talking points to distract from real issues.

oh wait, maybe I'm lying.

about that last part.

 

[trenchfoot]

Just thought I'd throw these in as a point of interest concerning McDonald's in particular and pay disparity in general:

http://www.bloomberg.com/news/artic...s-8-25-man-and-8-75-million-ceo-shows-pay-gap

http://www.bloomberg.com/news/artic...-multiple-of-workers-skirts-law-as-sec-delays

http://www.fastcoexist.com/3048172/...aster-than-average-worker-pay-since-the-1970s

 

[Sonikku]

Older workers like Johnson are staffing fast-food grills and fryers more often, according to data from the U.S. Census Bureau’s Current Population Survey. In 2010, 16- to 19-year-olds made up 17 percent of food preparation and serving workers, down from almost a quarter in 2000, as older, underemployed Americans took those jobs.

“The sheer number of adults in the industry has just exploded” because fast-food restaurants “not only survived, but thrived during the economic recession,” said Saru Jayaraman, director of the Food Labor Research Center at the University of California at Berkeley.

Clearly this isn't true though. We all know service sector jobs are just temp jobs done by teenagers. :hmm:

 

[MtnMan]

Really? I bet people paying min wage would take virtually anyone without a criminal record.

Can't put the correct food in the bag or on the tray, can't make change if their life depended on it, and basically appear annoyed that you want food in the first place.

Some are grossly overpaid!

 

[Exterous]

Clearly this isn't true though. We all know service sector jobs are just temp jobs done by teenagers. :hmm:

Well I'm not surprised that 2010 data showed a higher percentage of adult workers given the economy at the time. More recent data shows that was likely a temporary spike:

CEPR also has the number that is closest to what the WSJ is trying to report, which is that 30% of fast-food workers are below age 20

http://www.forbes.com/sites/modeledbehavior/2013/09/02/wsj-misreports-demographics-of-minimum-wage-workers/#cda403a7838f

 

[JSt0rm]

Can't put the correct food in the bag or on the tray, can't make change if their life depended on it, and basically appear annoyed that you want food in the first place.

Some are grossly overpaid!

So what do you suggest e do with the bottom people in society? Should their wage never be adjusted for inflation? Should we just gas them all if they cant pass a test? That way you wouldnt be subjected to looking at or dealing with people you deem unworthy.

 

[hasu]

How much will it cost to build robots to eat all that fries?

 

[stockwiz]

Actually I was just thinking about how well off today's teenagers have compared to say people in their mid 30's who grew up in the 90's... wagewise the cost of most of the items teens buy like videogames and electronics hasn't gone up much, in many cases it's gone down, such as with televisions and computers. I remember seeing copies of "Final Fantasy 3" for the SNES listed at $70 in stores back then. These days you can get good quality stuff off steam for peanuts, music for virtually free, movies for cheap...

Meanwhile today's teens can make $7.50+ per hour while my first job started when the minimum wage was a paltry $4.25 per hour and that's exactly what they paid when I started there.

If they make the min wage $15 I'm assuming they won't be hiring teenagers any more to fill the jobs, adults will simply fill them all. I wouldn't even take any job that paid under $11-12/hour (starting wage) these days.. I'd move to Florida and be a bum or fake bipolar disorder and suck off the government teet before taking slave labor work as I enter my mid 30's. My father commented how he can't find work that pays anything anymore so he may just retire for good. The place he worked at 35 years shut down this year for good. He was making $27/hour when he got laid off.

The boomer got the living wage factory work and the millennials have the scraps unless they develop their skillset. To me it's no surprise people don't want to work when places pay laughable wages. Hey that's life though... life's not fair.. adapt or die... think of how bad life was 10,000 years ago and things are an absolute cakewalk today...

 

[chucky2]

So what do you suggest e do with the bottom people in society? Should their wage never be adjusted for inflation? Should we just gas them all if they cant pass a test? That way you wouldnt be subjected to looking at or dealing with people you deem unworthy.

The Dem and Rep Leadership solution to this is to let in 10s of Millions of competition to them. Let me guess: You'll be voting Billary this upcoming election to help those bottom people out, amirite?

 

[Sonikku]

Actually I was just thinking about how well off today's teenagers have compared to say people in their mid 30's who grew up in the 90's... wagewise the cost of most of the items teens buy like videogames and electronics hasn't gone up much, in many cases it's gone down, such as with televisions and computers. I remember seeing copies of "Final Fantasy 3" for the SNES listed at $70 in stores back then. These days you can get good quality stuff off steam for peanuts, music for virtually free, movies for cheap...

Meanwhile today's teens can make $7.50+ per hour while my first job started when the minimum wage was a paltry $4.25 per hour and that's exactly what they paid when I started there.

If they make the min wage $15 I'm assuming they won't be hiring teenagers any more to fill the jobs, adults will simply fill them all. I wouldn't even take any job that paid under $11-12/hour (starting wage) these days.. I'd move to Florida and be a bum or fake bipolar disorder and suck off the government teet before taking slave labor work as I enter my mid 30's. My father commented how he can't find work that pays anything anymore so he may just retire for good. The place he worked at 35 years shut down this year for good. He was making $27/hour when he got laid off.

The boomer got the living wage factory work and the millennials have the scraps unless they develop their skillset. To me it's no surprise people don't want to work when places pay laughable wages. Hey that's life though... life's not fair.. adapt or die... think of how bad life was 10,000 years ago and things are an absolute cakewalk today...

What kids today gain on video game pricing they kinda' lose when it comes to things like college tuition. The thing they need to develop those skill sets.