Press X to doubt.
Exactly, they shure as shit don’t have a problem giving their “food” away now. The truth is most likely that telling their investors that they won’t make so much money will be a devastating financial blow.
In our local fast foods most places are already advertising at least $19 hour for new hires. Is also over $20 for a kids meal and one adult meal “deal”, which takes less than 5-6 minutes to sell me.
They’re raking it in.
I mean, my kid worked at a McD and got so much free food and not the stuff they are about to throw, but he would straight up make himself a quarter pounder combo, and then make me one fresh for free as many times as he wanted. He even would stop by on his off days, walk in and cook himself something and they didn’t care because of how much money they brought in. It was stupid and they should definitely raise the salaries of their employees instead of just showering them with free McD food.
Yeah talk about a blessing and a curse.
This is why labor needs to wake up, like it had to in the 30s.
Sounds like McDonald’s can’t afford to do business. I guess the free market will have them close.
The group said the costs “simply cannot be absorbed by the business model.”
They can do business, just not be as profitable if they can’t pay slave wages. The problem here is in the quote… they don’t want to change the model where the franchisee’s earn a little less and their crews can actually afford rent.
Why the heck should the franchisee be footing the bill? Make corporate McDonald’s pay for it. Surely they’ve made enough money off ice cream machines by now to afford it…
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Oh honey, no. The free market only applies when it works in their favor.
Yes except that they were lying and they will still do business. :-/
There is nothing “free market” about a forced minimum wage.
There are lots of arguments to be made for an increased minimum wage, at least try to be smart when making them.
The irony of you asking for smarts to be considered in regards to a mega billion dollar corp, who can more than afford this change for the entire country, let alone just California, is astounding while you are commenting the stupidest crap about “free markets” in relation to this news. It is hilariously pedantic…
There is literally nothing incorrect with the statement “enforced minimum wages go against the free market philosophy” and the statement itself makes no claim one way or the other about their personal views. It’s just pointing out a factually incorrect claim. Ironically enough, your paragraph reply is the hilariously pedantic part
There is a lot wrong with that statement, but one look at your username,tells me I’m not speaking to anyone worth conversating with… pp.boy… pretty on the nose with proud boy huh…
What? Lmao you’re insane it’s a reference to my big fat hog between my legs. But anyway, please explain how the statement is wrong
Yeah, that adds up… proud boys think they have something to show off when in reality we all laugh at that member you call a penis but is the size of an enlarged clit… no shame bro…
You are on something.
But anyway, back to the conversation. Use your degree in economics (which you clearly have) to explain exactly how state-enforced minimum wages do not directly conflict with the ideas of lassaiz-faire free market economies. Please, be as specific as possible.
Yes… And?
Slave labor would be much more profitable, but we have values beyond just your profits.
we have values beyond just your profits.
Heresy! Blasphemy! Heretical Blasphemy! Blasphemical Heresy!
Don’t give them any ideas.
Big company suffers devistating effects when told to pay their workers well.
Well boo-fucking-hoo
In this case, the franchisees (small business owners) are saying the big business (McDonalds, which makes its money off of real estate and franchise fees) is going to be fine but they (the people that make money from owning a restaurant) are in trouble.
For many of them, it’s true; they didn’t consider whether they could open this business if they had to pay a living wage. Unfortunately, that’s not our problem, but it won’t be a problem for McDonalds either.
Good. I hope they go out of business and the owners have to cry themselves to sleep. I hope they have to sell everything they own before having to work a minimum wage job.
Honestly sounds like something McDonald’s should be fixing still.
Not the way their business works… I think that franchising is an innately predatory business model and in need of severe legal reform. Let’s not ask McD to do it, let’s make them
Well, if this does kill franchises, it will hurt McDonald’s. They’re not making money off empty buildings.
Won’t someone please think of the wealthy upper middle class!
To quote FDR:
In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country.
We need an FDR. I’d take a modern Roosevelt. Any of them, assuming they keep up with the times (equality, similar).
Any = FDR, Eleanor, Teddy
If you can’t pay your workers a fair wage, you shouldn’t run a business.
If you need to be bailed out for the stupid mistakes you made with your business you don’t deserve to have a business. Why stop at wages.
The guy who owns the franchise my nephew worked at in high school drove an actual Rolls Royce. He owned a few, but goddamn. The guy who owned the franchise I worked at 20 years earlier owned like 3 houses or something and flew planes as a hobby (idk if he owned one).
Excuse me for not giving a shit about a financial blow to people like them.
I just think of the SNL skit/song “boomers got the vax”
At one point Kenan Thompson is portraying a wealthy boomer and the song goes like;
I got the big-ass house and the SUV. Got my second house two, and my third house three. And the place in Vermont, and one in Miami!
Damn, I got five houses? That’s a lot. Good for me.
And? Of course it’ll cost them money. They have been hoarding pay increases for years. 8f your business model doesn’t support paying a decent wage, your business model sucks.
Yeah, wasn’t this the whole point of capitalism or something? If you can’t compete in the free market then gtfo and all that
That’s what it says, but it’s just marketing. Capitalists don’t actually believe in fair competition. They believe in themselves having all the stuff, not anyone else, by any means necessary.
Except when big Business expect government handouts then they’re okay with socialism
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I’m sure most of their employees will still draw public assistance to supplement their basic needs. Fuck these companies.
Cry me a river! Y’all already charging $15+ for a combo meal!
McDonald’s operates in many, many countries, several of which require minimum wage way higher than what they pay workers in the US. I’m sure they’ll be fine.
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That’s a good point, although I think greed is the main reason
Boo hoo. If you can’t run your business without exploiting the fuck out of people then you don’t deserve to be in business. Fuck off already your food is SHIT.
You mean, just like all restaurants and fast-food franchises were going to go bankrupt if they raised minimum wage to $15.00 up here?
It’s been several years, and I haven’t seen any boarded-up McDonald’s during that time.
I guess they can’t afford to do business 🤷
Go get a job, lazy ass “owners”.
and I say to them “eat shit and die”
That’s what McDonalds tells their patrons too