Fast food CEO: Minimum wage hikes closing locations

[DEAD7]

Please explain to me your conservative plan for telling the federal reserve a private company how to maintain our monetary system

We can begin with an audit, and go from there.

... what is important though is that we understand inflation can rob you of your life saving without any legislation ever being passed.

 

[DEAD7]

Most black men are not "in the streets and in prison". Only 13% of black men have felony charges. Higher than the rest of America but hardly universal. Dem racist CACs trained u well

And getting black men into minimum wage jobs they will have to jump on welfare to survive on and that companies will destroy through automation/outsourcing soon is not an answer. We should be aiming higher and focusing on education and high demand fields. No time for bullshyt baby steps, we don't have that luxury in this new economy.

I never said most or all were... however I am specifically talking about those minorities currently unemployed or in prison. I think getting them into the workforce will have a better long term return than increasing that number(using CBO estimates).

Yea it will suck now, not gonna try to defend the welfare, earning scraps reality of it now, but I believe it would build a better future than what we have going on now.




Moreover, as the cost of living rises, and inflation eats away at purchasing power those whom we lift off of welfare will find there way back on, and we will be debating another raise. Its not a fix, its band aid, and ultimately keeps them were you are saying they will have to be at the bottom of the workforce.

 

[TLR Is Mental Poison]

I never said most or all were... however I am specifically talking about those minorities currently unemployed or in prison. I think getting them into the workforce will have a better long term return than increasing that number(using CBO estimates).

Yea it will suck now, not gonna try to defend the welfare, earning scraps reality of it now, but I believe it would build a better future than what we have going on now.




Moreover, as the cost of living rises, and inflation eats away at purchasing power those whom we lift off of welfare will find there way back on, and we will be debating another raise. Its not a fix, its band aid, and ultimately keeps them were you are saying they will have to be at the bottom of the workforce.

I have always been against the minimum wage hike. But our (black people) problem is bigger than the brehs in prison. There are plenty of black dudes with no criminal records struggling with employment. So focusing on that seems pointless.

And lol @ bringing up inflation while suggesting brehs go after minimum wage jobs, AND being against minimum wage increases

#datcognitivedissonance

 

[TELL ME YA CHEESIN FAM?]

mcdonalds workers work hard?

tell that shyt to muthafukkas slaving in hot ass warehouses,that require heavy lifting,being on your feet all day,wearing googles and face masks..all for less than 10hr

I'm all for unskilled workers eating but

 

[King Poetic]

This will not only affect fast food businesses but others as well.

 

[DEAD7]

I have always been against the minimum wage hike. But our (black people) problem is bigger than the brehs in prison.

For sure, but getting black men out of the prison trap, and back into the home, is the best place to start IMHO.


... I would prefer low unemployment with more people on assistance over what we have now.

Everyone in this thread seems to despise workers having to receive aid,(which isnt what I'd expect) as if the only benefit to working is pay...

What is so bad about low unemployment and higher assistance?

 

[TLR Is Mental Poison]

For sure, but getting black men out of the prison trap, and back into the home, is the best place to start IMHO.


... I would prefer low unemployment with more people on assistance over what we have now.

Everyone in this thread seems to despise workers having to receive aid,(which isnt what I'd expect) as if the only benefit to working is pay...

What is so bad about low unemployment and higher assistance?

We gonna be out of the frying pan and into the fire by your plan. What u suggested already pretty much happened in cities like Detroit etc. U would lose another generation with that. We need to skip ahead to be like the Jews and the Asians. Just focus on putting ourselves where the $$$$ is rather than just looking to survive.

 

[88m3]

We gonna be out of the frying pan and into the fire by your plan. What u suggested already pretty much happened in cities like Detroit etc. U would lose another generation with that. We need to skip ahead to be like the Jews and the Asians. Just focus on putting ourselves where the $$$$ is rather than just looking to survive.

Consumerism as a form of social control[edit]
Marcuse strongly criticizes consumerism, arguing that it is a form of social control. He suggests that the system we live in may claim to be democratic, but it is actually authoritarian in that a few individuals dictate our perceptions of freedom by only allowing us choices to buy for happiness.[5] In this state of "unfreedom",[6] consumers act irrationally by working more than they are required to in order to fulfill actual basic needs, by ignoring the psychologically destructive effects, by ignoring the waste and environmental damage it causes, and by searching for social connection through material items.[7]

It is even more irrational in the sense that the creation of new products, calling for the disposal of old products, fuels the economy and encourages the need to work more to buy more. An individual loses his or her humanity and becomes a tool in the industrial machine and a cog in the consumer machine. Additionally, advertising sustains consumerism, which disintegrates societal demeanor, delivered in bulk and informing the masses that happiness can be bought, an idea that is psychologically damaging.

There are other alternatives to counter the consumer lifestyle. Anti-consumerism is a lifestyle that demotes any unnecessary consumption, as well as unnecessary work, waste, etc. But even this alternative is complicated by the extreme interpenetration of advertising and commodification because everything is a commodity, even those things that are actual needs.
One-Dimensional Man - Wikipedia, the free encyclopedia

 

[Calmye]

McDonald's CEO: 'We Will Support' A Minimum Wage Hike

 

[DEAD7]

Not surprising.

 

[KingpinOG]

So we have an entire thread of people who think companies going out of a business is a good thing?????



Welcome to the Obama generation. Our country is truly doomed.

 

[Jhoon]

McDonald's CEO: 'We Will Support' A Minimum Wage Hike

him conceding on $5 is very noble. If I worked at McDonald's I wouldn't settle for anything less than $13.

 

[KingpinOG]

fast food chains are putting mom n pop restaurants out of business

Keep raising the minimum wage and even more mom and pop restaurants will close. Corporations can better absorb wage increases than mom and pops.

 

[Jhoon]

So we have an entire thread of people who think companies going out of a business is a good thing?????



Welcome to the Obama generation. Our country is truly doomed.

can you show me a business whose death can be pinned on higher minimum wages?

 

[DEAD7]

This topic needs to just be removed from the board. Neither side is gonna budge, and the truth of the situation lies some where in the middle.

Raising the minimum wage adds no money into the local economy; it only redistributes money among people who are already part of the economy. Low wage workers will have more money to spend; business owners and customers of those businesses will have less to spend by an amount equal to the increase in wages. However, while this is an even trade of money from one group to another, one specific source of money actually shrinks. Govt. aid...

... but because its not a direct line from wage increase to economy shrinking many on the left cant see it.

In fact, many of these workers will lose food stamps, some or all of their earned income tax credit, and other means-tested federal benefits. This money is currently spent in the local economy, but after the minimum wage is increased the money will revert to Washington, D.C., to be spent on something else.

The economic reality is that redistributing income does not grow an economy.
You cannot gain by simply transferring money from one person’s pocket to another’s. Something some people will never grasp.

As far as how many jobs will be lost The jury is still out.