Economic Illiteracy: With last week´s one-day strike, fast-food workers sent a clear message: They want the minimum wage raised from $7.25 an hour to $15. But they should be careful what they wish for; they just might get it. It isn´t hard to see what a doubling of the minimum wage would do in an industry that pays out an estimated 70% of revenue to workers: Hundreds of thousands would lose their jobs overnight. The average fast-food employee makes $8.94 an hour, according to the National Employment Law Project. Unions and workers want to boost that to $15 an hour. Fine, except
When America is run like the old Soviet Union, then czars and unions can dictate wages for workers in fast- food or WalMart. Until then, the free market for labor and the workers skills determine salaries. Unions don´t operate considering skills or productivity .. they operate by extortion: give us the money or we strike. Unions want members in WalMart and fast-food to get ever-more union dues and suck low margin businesses dry. To observers with empathy for the low wage workers, the solution is simple: open your checkbooks and write weekly checks to those who you feel are underpaid. What, their low pay is not your responsibility?? They need to improve their skills to get better jobs?? PRECISELY!
Reply 7 - Posted by:
mean Gene, 8/31/2013 12:02:35 AM (No. 9499286)
There were no ´´strikers´´ in front of any Utah fast food places. Yet Utah has a low minimum wage! Well, very few people are unemployed here, too. Maybe all the runners who run to your car as it comes in the double-wide line, then radios your order in, then another runner runs to you to give you your total price and get your cash, then runs back with the change all in the time it takes you to roll up to the window and pick up your order that is ready (at Chick-fil-A) makes them look bad. And all for whatever they pay. Probably something a bit more than Utah´s minimum wage.
They need to go back to school, and take economics, so they can figure out if it costs more to produce something, you have to charge more for it. But then again, had they taken any useful classes in school, applied themselves to get better grades than D’s, and learned how to speak American English properly, they might not be working at McDonald’s for minimum wage, and expecting to earn a decent living. And yeah I can see fast food restaurants going to robotics.
The technology to build a robot that can take food orders, cook burgers and fries, dispense drinks and clean the floor was here before that of this machine on which I´m typing. If the unions want to hasten the implementation of this- have at it.!
Killing jobs is just what Obama wants. Then when the workless minions riot nationwide, he can call out the troops, declare martial law and go on his way decreeing this and that without having to deal with that pesky Congress.
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