$15/hr minimum wage

[*Nately120*]

(08-07-2018, 07:57 PM)SunsetBengal Wrote: Don't be so hard on Texas.  If I recall correctly, Texas and Tennessee have been the prime beneficiaries to the exodus of businesses from The $15/hr State wide minimum wage is yet another in a long line of policy failures by California's legislative bodies.  Thanks to those assholes, regular joes all across the nation now have to order by kiosk at McDonalds, if they choose to go inside.  Gee, thanks California..  

Meh, the minimum wage here in PA is still $7.25 and they have replaced many Wal Mart registers with self checkouts and self scan registers and so on.  Hell, they're even giving people carts with hand held scanners and bags in them so you can scan your groceries and bag them yourself while you shop.  Let's be honest, the minimum wage could be $2 an hour and as soon as they find a way to get rid of people they have to pay $2 an hour they will.

It's just business.  

(08-07-2018, 08:21 PM)TheLeonardLeap Wrote: The thing that makes me laugh about the people who want the $15/hr is they either don't understand that it would then increase the cost of their goods, or they naively believe that the wage increase will come straight out of the profits of the business rather than a price increase.

Restaurants are a narrow profit margin business. Say you have 40 minimum wage employees working at a place making $10/hr right now, all working 40 hour weeks. That means the payroll for them would be $64,000 per month.

Now say those people get a raise to $15/hr. That payroll is now $96,000 per month.

That extra $32,000 per month needs to come from somewhere, and maybe McDonalds that are owned by the corporation itself could eat that kind of increase, but what about franchise owners in rural areas? If you own one franchise, there's no way you can eat that cost. So then you need to raise your prices. That $2 double cheeseburger now needs to be $3, your $1 menu now becomes the $1.50 menu.

Can't the people who own the McDonald's just work harder and live within their means rather than raising prices?