Fast food workers strike, demanding $15 an hour

BeeCityRoller

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Demanding twice the minimum wage and union benefits when you work an entry-level job:flabbynsick:

No significant wage increase are going to happen over there especially when wages for low-skill jobs have gone DOWN since the recession.
 

No_bammer_weed

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Breh a Wendys combo is $8 now...

Fast food is same price as regular restaurants now (Chilis, Olive Garden, Applebees) 2 for $20-2for $25 for meals.

The only thing is it taste shyttier and you have less wait time, and they dont get tips.

Right, but thats for more higher end items. I assume the cat talking about 10 dollar mcds burgers, is talking about the lower priced burgers and meals jumping significantly in price. Thats a scare tactic, and it wont happen because the market equilibrium wont allow for it. Customers are used to paying a certain amount for mcdonalds food. A huge jump, and most customers will find other alternatives, and not frequent the restaurant at all. McDonalds whole appeal is cheap food, and customers will feel violated.
 

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A mcdonalds burger, 10 bucks? You dont know economics too well, fam.


What type of fast food joint are you gonna run, where you start paying people $15... and think you're gonna still reap the same profits without doing anything to compensate breh?

you either gonna have to raise prices, cut hours/positions, or use lower quality materials... or all three. there isn't a way around it.
 

King Poetic

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companies already preparing for this..

I don't know anything about New york sity or there restaurant locations, but say if u have 5 mcdonalds within 4 mile radius in midtown manhattan... it's going to be easy for mcdonaldss, kfc, etc, etc to shut down 2 of the restaurants and keep the other 3 open and rework there hours of operation in order to pay that amount of money.

this is why companies continue and continue to either shut down or move there business elsewhere cause the government wants to tell u what u should pay employees.. what about small businesses.. they will basically have to cut everybody and run a skeleton crew..
 

Atlrocafella

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There will always be low wage jobs. That's why you try to educate yourself enough to a point where you don't have to work these jobs.

They might be able to get $1-$2 more, but they are it of their mind if they think they are getting twice that and full benefits for a job that doesn't even require a high school diploma :childplease:
 

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Right, but thats for more higher end items. I assume the cat talking about 10 dollar mcds burgers, is talking about the lower priced burgers and meals jumping significantly in price. Thats a scare tactic, and it wont happen because the market equilibrium wont allow for it. Customers are used to paying a certain amount for mcdonalds food. A huge jump, and most customers will find other alternatives, and not frequent the restaurant at all. McDonalds whole appeal is cheap food, and customers will feel violated.
The same equilibrium principle applies to the price of labor. Franchise profit margins are only about 10%, they can't support a doubling in the cost of labor.

Personally I would not be surprised if they came out with a McDonalds machine in the next 10 years. The job is as menial as they come.
 

No_bammer_weed

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What type of fast food joint are you gonna run, where you start paying people $15... and think you're gonna still reap the same profits without doing anything to compensate breh?

you either gonna have to raise prices, cut hours/positions, or use lower quality materials... or all three. there isn't a way around it.

lol...you make McDonalds sound like some tiny mom and pop operation that survives on a shoestring budget. Theres plenty of revenue and capital to allow for better compensation for their employees.
 
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