You form thoughts like a fry cook.
Fast food workers strike, demanding $15 an hour
- Thread starter mozichrome
- Start date
You form thoughts like a fry cook.
I can actually see why they're mad tho,, they invested all that money into something they'd believe would pay off and got burnt
These law schools are pumping out too many degrees and basically robbing these students of money
But at the end of the day the students should be mad at themselves for the situation they're inYou gotta do research on shyt before you invest in it and if you get burnt that's on you
Yeah yeah yeah, I know I know. Everybody should be mad at themselves and wakka wakka wakka whoopty whoo and all that jazz, until it happens to YOU.
But your situation will be different, right? You CAN be mad.
That's exactly the point. You guys are acting as if everyone working low-wage jobs should just work harder, a belief that is mathematically impossible seeing as there aren't enough high-paying jobs to go around. Yeah, corporations like McDonald's or Walmart technically don't have to pay their employees more, but plenty of other corporations do, which is why there is no excuse for people to be supporting the employers in this situation.
If someone works fulltime and lives in a city with a high cost of living, why wouldn't they deserve to make a livable wage? Especially when it wouldn't make a significant impact in the profit margin? Because they're "unskilled" workers, according to you guys? Only about 30% of Americans even have a bachelor's degree, so most people in our country would probably qualify as being unskilled. Does that mean 70% of people should just take what they can get and not try to get a fair shake?
Of course these corporations don't have to give their employees a raise, and I don't expect them to, but plenty of business pay a livable wage so there's no excuse for defending the ones who don't (especially when they bring in more money). As far as telling people to strive for better, that's already assumed. Nobody is telling them to live it up working in fast food. Poor people are just as hardworking as people in other social classes, and sometimes even more so. Anyone who has worked a low-wage job understands this.
Not everyone can work two jobs. First off, there aren't enough jobs available for every low-skilled worker to grab two. The job issue has already been brought up so I'm not sure why you guys are acting like the economy is some imaginary factor in this. You can't simply ignore the economy's role in this problem and act like individual effort controls everything. Most people remain in the same social class that they're born into for a reason. The opportunity for upward mobility is greatly exaggerated. Second, people with families and other responsibilities probably can't afford to work two jobs in the first place. You can't work 3rd shift with a kid at home.
Nobody is skipping over that. We're trying to say that hard work alone won't allow people at the bottom of society to support themselves. It's mathematically impossible. We're also saying that these corporations and big businesses are screwing over the average workers despite increases in profits. You don't see the irony in bringing up irresponsibility and destructive behavior in order to support a billion-dollar corporation fukking their employees while their profits continue to grow?People are skipping over the point of WORKING HARD... they have no answer for that... they don't see how destructive & irresponsible that would be in the long run...
But I doubt these nikkas even have jobs...
As far as that shyt about not having jobs, please. I work for a civil rights nonprofit, Barnone is in the legal field, and YBE/Malik studies economics. There's a reason the three of us are the same side of the argument. Everything you guys are saying was already killed by VVD in that big WalMart thread a few months ago in HL.
Ain't gonna happen to me brehYeah yeah yeah, I know I know. Everybody should be mad at themselves and wakka wakka wakka whoopty whoo and all that jazz, until it happens to YOU.
I gurantee it
There are plenty of high paying jobs (what's considered high pay is subjective) but there just aren't enough people to fill them skill wise. The reason why there aren't enough low paying jobs for people to snag two is because ANYONE has the skill to fill them so they go a lot quicker. It's not about JUST working harder, it's about developing/learning a skill that makes you eligible for higher paying wages.
There is a wage associated with someone who cooks fries and a different (higher)wage associated with the person that fixes the fryer. Anyone can operate the fryer but not anyone can fix it when it breaks.
Its not and has never been McDonald's obligation to pay a living wage. When has a McDonald's worker ever been able to afford to live in NY or LA? And can @No bammer weed or @Broke Wave walk me through how McDonalds can pay all its workers $15/hr with its current financials, since you guys are such corporate finance and macroeconomic experts????
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@Commander in Chiefin
You dont understand negotiation. Negotiation is all about leverage. You leverage what you have in order to achieve a goal. The workers are leveraging their positions within the company, which is helping to run the day-to-day operation, in order to secure a higher wage within the company that already employs them. They are not asking for a handout --- they are asking for their work to be valued in the form of higher compensation. To suggest that because they dont have a college degree, they dont deserve a livable wage, is absurd and an unsupportable proposition. Only a fraction of the country has a college degree.
Thats not what Im saying. What the kid will do is ask for a higher salary, because he feels he is worth more. I say no. He organizes his friends, who cut all of our lawns in the neighborhood, to stand with him so that none of the lawns are cut , and nobody else will be hired to undercut them and replace them. As the owner, I either cut the lawns myself, or watch them grow w/o maintenance. Thats hardball, and that strategy is as integral to capitalism as any other feature. If not for worker rights methods like that, we'd all be living like serfs except for a handful of people.
You dont really have a firm grasp on what you're arguing exactly, so you're making a completely emotional argument devoid of logic. For grades there is a set standard of evaluation, and success. There isnt any set standard in this country of compensation, and what determines hard work and success. We have already established that people can make a good living w/o a college degree, so what is this metaphorical "test" exactly?
Are you saying fast food workers arent performing a duty? Its a job. Again, who exactly was it that decided that they shouldnt earn a living wage, when they are helping to run a franchise that on average pulls in millions of dollars from restaurant to restaurant? This has nothing to do with the fact that there is no money available. You are saying they shouldnt ask for more because they arent worth it. Thats foul. If the job were as unimportant as you are suggesting, the CEO's wouldnt need the help in the first place. No, the 1% has been getting away with under-compensating the help, and they are organizing for higher wages.
You dont understand negotiation. Negotiation is all about leverage. You leverage what you have in order to achieve a goal. The workers are leveraging their positions within the company, which is helping to run the day-to-day operation, in order to secure a higher wage within the company that already employs them. They are not asking for a handout --- they are asking for their work to be valued in the form of higher compensation. To suggest that because they dont have a college degree, they dont deserve a livable wage, is absurd and an unsupportable proposition. Only a fraction of the country has a college degree.
Thats not what Im saying. What the kid will do is ask for a higher salary, because he feels he is worth more. I say no. He organizes his friends, who cut all of our lawns in the neighborhood, to stand with him so that none of the lawns are cut , and nobody else will be hired to undercut them and replace them. As the owner, I either cut the lawns myself, or watch them grow w/o maintenance. Thats hardball, and that strategy is as integral to capitalism as any other feature. If not for worker rights methods like that, we'd all be living like serfs except for a handful of people.
You dont really have a firm grasp on what you're arguing exactly, so you're making a completely emotional argument devoid of logic. For grades there is a set standard of evaluation, and success. There isnt any set standard in this country of compensation, and what determines hard work and success. We have already established that people can make a good living w/o a college degree, so what is this metaphorical "test" exactly?
Are you saying fast food workers arent performing a duty? Its a job. Again, who exactly was it that decided that they shouldnt earn a living wage, when they are helping to run a franchise that on average pulls in millions of dollars from restaurant to restaurant? This has nothing to do with the fact that there is no money available. You are saying they shouldnt ask for more because they arent worth it. Thats foul. If the job were as unimportant as you are suggesting, the CEO's wouldnt need the help in the first place. No, the 1% has been getting away with under-compensating the help, and they are organizing for higher wages.
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Buy some stock in the company lol they are clearly profiting.
nikkas have absolutely no attachment to reality it's crazy... what leverage???
LMAO!! then you bring in a pick up truck full of Mexicans and get your lawn mowed for probably cheaper. Refusing to cut my lawn because I won't pay you the money you want only hurts YOU. You're the one not getting paid and I'm still going to get my lawn cut. What you gonna stand guard in front of my lawn ALL day everyday? You can't stop me from hiring someone else.
The same with these worker, sure you want money but if McDonald's feel they aren't worth more guess what? They are going to hire a new group of people and replace them. Then they'll be out of a job and competing with a pool of other low/under skilled workers for similar jobs, which are harder to obtain.
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good,keep tossing embers on the inferno
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Broke Wave
The GOAT
This is the definition of
You realize that most corporate compensation comes in the form of stock options? That means that the top executives are being paid through stocks that have ZERO effect on the financials, but lets move on.
Out of the 100k workers working for McDonalds, how many of them are full time employees and not part time? Factoring that in, how many of the employees are full time and still do not make a living wage, so much so that the government is subsidizing their lives with food stamps rent assistance welfare EITC etc etc? The entire purpose of allowing corporations to function and build businesses with the unfettered use of our legal protections and infrastructure is that they employee people and give them a living wage, otherwise what do they contribute to the society, if their employees STILL need a great amount of assistance?
Frankly, the taxpayers are SUBSIDIZING McDonalds if they cannot afford to pay a living wage to its employees which is above the federal assistance poverty line (which they can). Furthermore, if McDonalds cannot comply with this request, they should restructure their business to become more profitable, or be swept aside by regional chains and small businesses who can. McDonalds and other large corporations have been subsidized through their low wages for too long.
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BLAZO da GAWD
Superstar
You dont know the diff between revenue and profit, and you dont even know what McDonalds numbers are. They had a revenue (all the $$$ from sales; income before expenses) of ~27B. They had a profit after taxes of ~6B. They have 1 million franchise workers. If we assume they are all making ~$9/hour average and working the full time hours of 2000 hours a year (they aren't, but again I don't think you know that), they're making $18,000/year. You split the 6B among 1 million people, that's another $6K per year, which is $24,000 a year or $12 an hour. Let me repeat, if McDonalds gave all their profits back to their workers in 2013, the workers pay would be $3/short of $15/hour. THIS is why you have to actually look at the numbers and know what you're talking about.
MCDONALD'S CORP (MCD:New York): Financial Statements - Businessweek
How many people are employed by McDonalds worldwide? - Yahoo! Answers
Plus how the fukk would they do it? They have a fiduciary obligation to their shareholders to generate a profit. So to get this income back to their employees they would have to buy all the stock back. McDonalds has about $100B in stocks out there. W/an annual income of ~$6B it would take them about 17 years to buy it all back. There is nowhere else to find the money- a big company like McDonalds isn't wasting $10 billion dollars a year on stupid shyt, they are cutting waste everywhere to generate profit for shareholders. So the idea of McDonalds hitting some magic "worker's justice" switch and doubling their worker's pay overnight is fukking ridiculous. Its an idea that only someone who has no idea how business works would insist is not only possible, but easy. Its the idea that frankly only someone at the level of a fast food worker would dream up. I hope you learned something today
