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McDonald's boss says he's "proud" of wages as thousands of workers call for a rise

Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


Business economics trump social problems. It's not because one is more valuable than the other, it's just that businesses have to be profitable or they cease to exist so economics is the most important topic. Poverty is a different topic than the minimum wage. Society, cultural values, education and breaking away from the entitlement mentality all are relevant. Forcing business to pay unskilled workers more than they are able to produce for the business only compounds the employment problem and solves exactly nothing.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Business economics does not trump social issues, when the businesses are the cause of the social issues. Which is the problem we have right now.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Nicci said:
Business economics does not trump social issues, when the businesses are the cause of the social issues. Which is the problem we have right now.
Click to expand...


I see. Lets put business out of business so we can get the economy going again. Makes sense.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


Do you have any idea who pays for the wages of those workers at any private company in this country? Where does the money come from?

I always find it quite disturbing that people have no concept of private industry and where the money comes from to pay wages. Why do you think it is the Federal Government's responsibility to tell a private sector business what to pay its workers? Are you willing to pay their expenses as well as investment charges as well?

It does seem that the basic economics understanding in this country today is an absolute disaster.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Nicci said:
Business economics does not trump social issues, when the businesses are the cause of the social issues. Which is the problem we have right now.
Click to expand...

So you understand the expenses and financial conditions of all workers who are being paid a minimum wage that was set by bureaucrats in your state? Minimum wage is a state issue not a Federal issue which again is something people like you don't seem to understand
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


What happens? Well, your EMS workers are already burned out. It's already a high turn over position. Not many go on to become Paramedics and many use the job as a stepping stone. Ironically it's not one of those stepping stone sort of jobs because the community needs dedicated and talented individuals to remain in these jobs. The result is going to be the EMTs are going to become less caring about their jobs (because we can't strike or complain really). You're going to have folks coming to your rescue that are there not for you but because they need a paycheck. Your standards of care are going to decrease. The Nurses are already calling for debate on how THEIR pay checks are going to rise. Then there's the issue where Paramedics are basically becoming on par with nurses (nurses will not be a level above medic) due to new ideas coming out such as community paramedicine. So basically if you raise the minimum wage you're going to have to raise everyone else just to compensate for their skill levels. It doesn't matter to me so much, I left the military after 4 years, I'm going to college now, and I've decided civilian life SUCKS, so in 2.5 years I'll hopefully I'll be talking to recruiters about a commission. Not that the military is really paid well either.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


I can see you are not interested in reality, but only with disseminating left wing propaganda. Save it for the drones.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

You'd be wrong.

Minimum Wage - Wage and Hour Division (WHD) - U.S. Department of Labor

Federal minimum wage is set at $7.25/hr

Which apparently you don't realize it is federally mandated. If the states want to up the minimum wage they can, but they cannot lower it.

countryboy said:
I can see you are not interested in reality, but only with disseminating left wing propaganda. Save it for the drones.
Click to expand...

By all means prove me wrong, I'd love to read something a bit less depressing about how easy it is to move up in income brackets, with data to back it up instead of anecdotal evidence.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

sawdust said:
I see. Lets put business out of business so we can get the economy going again. Makes sense.
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The higher the minimum wage is compared to inflation the more money people have to spend, this is true especially of those incomes which spend the most of their income on daily/weekly items.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


What is your state minimum wage? That is the point, the states can set the minimum wage at whatever the taxpayers will support. why is that a Federal Responsibility? Please don't tell me you care what the businesses in TX pay their workers?

How about doing some research and find out how many of the 148 million working Americans make minimum wage and how many of those are head of households before spouting liberal rhetoric?
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Nicci said:
The higher the minimum wage is compared to inflation the more money people have to spend, this is true especially of those incomes which spend the most of their income on daily/weekly items.
Click to expand...

Have you figured out where the money comes from to pay wages?
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Nicci said:
Yo
By all means prove me wrong, I'd love to read something a bit less depressing about how easy it is to move up in income brackets, with data to back it up instead of anecdotal evidence.
Click to expand...
Two-thirds of minimum-wage workers earn raises within a year—without the government’s help.[3]
Facts About the Minimum Wage
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Washington's minimum wage is 9.47/hr currently.

Roughly 4.7% are paid minimum wage (federally mandated).

Also, yes I do care what a business in TX pays its workers, its called human empathy. I've been in their spot(s) in the MidWest and South and it is incredibly hard to make ends meet on minimum wage alone(this was before the internet era fyi), supporting anyone else.

Its all a matter of cost of living, and the higher the cost of living the more the minimum wage should be. Yet federally mandated minimum wage is real, I don't know why you like to ignore that.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

KLATTU said:
Two-thirds of minimum-wage workers earn raises within a year—without the government’s help.[3]
Facts About the Minimum Wage
Click to expand...
Can I get a different link than heritage? Sorry they are a bit on the... make up facts as we go side of things.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


It has nothing to do with empathy but rather more liberal social engineering. You have no idea who these people are and what their monthly expenses are or their cost of living but you assume which is what liberals always do.

Point, your state doesn't pay minimum wage and every other state can do what your state did so why does the Federal Govt. have to get involved. Let the people of the state that pays the bills decide

never have ignored the fact that there is a federal minimum wage, the question is why? What does a bureaucrat in D.C. know about the cost of living in say TX? If a state can do it why shouldn't they have total responsibility for that wage?
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Nicci said:
The higher the minimum wage is compared to inflation the more money people have to spend, this is true especially of those incomes which spend the most of their income on daily/weekly items.
Click to expand...

Not sure where you come up with these gem's. Raising the minimum wage will make commodities more expensive that lower income families buy. It won't affect cars or houses, it will affect agricultural products, jast food and clothing. It would make entry level employment more restricted anti would continue the trend to push business offshore, all to raise the payoff what should be temporary jobs. It's a terrible idea and I hope it doesn't happen.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Sorry, I don't see that being the case. When minimum wage does't keep up with inflation you end up with what we have now a large percentage of people are the working poor. Where they have full time or part time jobs, but they cannot make ends meet with said job, therefore require government assistance. This does not need to be the case and if the minimum wage was federally mandated to keep up with inflation (like other countries) people wouldn't need as much government assistance unless a disaster struck their financials, which is how it should be.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


Why don't you look to see how much it really would raise prices according to The Motley Fool.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


Economically you can't uncouple wages and production. It's unsustainable.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


You really don't seem to have a problem spending someone else's money on issues you don't truly understand. You judge everyone else by your own standards not realizing that not everyone else has your cost of living. You and liberalism go well together, all knowing, all caring, and yet never solving any social problem with all those good intentions.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris

Glen Contrarian said:
Why don't you look to see how much it really would raise prices according to The Motley Fool.
Click to expand...

I have a question for you after looking at this and a couple other sites that said a big mack would increase .68 by doubling the minimum wage. How much in labor burden on fifteen bucks? You can't use just fifteen bucks in your analysis, you have to include labor burden.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


If you'd really read my reference, you'd have seen that labor is not the highest contributor to the cost of their product - food is.

That, and if more people make more money, that's FEWER people on the public dole. You have to pay ANYWAY - either through slightly higher prices to pay the higher wages for the people, or through your taxes to pay for the public assistance programs that those people need to put food on their own tables. But you pay ANYWAY.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


What? where in the hell did you get that information. The highest operating expenses in any business is labor. Have you ever seen a profit and loss statement? Why don't you start your own business and pay unskilled workers exactly what you think is fair, spending your own money vs. someone else's? Are you telling us that the costs of a burger exceeds 7.25 per hour?
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


I am in the restaurant business. I have two stores and this summer will have three. I am familiar with restaurant accounting. Your reference has a number of factual errors one of which is labor burden which is a question you didn't answer. In addition, I don't believe that they ran a twenty percent labor cost including management labor. So please tell me what labor burden is on fifteen dollars an hour or stick to talking about something you know about.
 
Re: McDonald's boss says he's "proud" of wages as thousands of workers call for a ris


Liberals have absolutely no problem spending someone else's money without consideration to the consequences or the realities of business ownership.
 
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