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$15 an hour to work at McDonalds?

Creator: Mooninites July 30, 2013 11:48am
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Mooninites
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Permalink | Quote | PM | +Rep July 30, 2013 11:48am | Report
http://money.msn.com/now/post--fast-food-workers-push-for-dollar15-an-hour

People want to double minimum wage....

no wonder obama got elected, people are ****ing dumb
Thanks for the Signature MissMaw!
Encross
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Permalink | Quote | PM | +Rep July 30, 2013 11:54am | Report
Mooninites wrote:

no wonder obama got elected, people are ****ing dumb


Yeah, it couldn't possibly be anything else.
Lugignaf
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Permalink | Quote | PM | +Rep July 30, 2013 12:24pm | Report
I really don't understand why so many people are against raising the minimum wage.


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Permalink | Quote | PM | +Rep July 30, 2013 12:28pm | Report
Lugignaf wrote:

I really don't understand why so many people are against raising the minimum wage.


More expensive to hire people so less people will get hired.
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Because raising minimum wage doesn't actually help the economy.

Think about it. If the lowest salary workers get doubled income, all it means is that companies will double prices. There's no actual benefit to doubling salary b/c you won't get increased purchasing power; you will continue to be able to afford only what you currently afford.
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Permalink | Quote | PM | +Rep July 30, 2013 12:31pm | Report
DKitten wrote:

Because raising minimum wage doesn't actually help the economy.

Think about it. If the lowest salary workers get doubled income, all it means is that companies will double prices. There's no actual benefit to doubling salary b/c you won't get increased purchasing power; you will continue to be able to afford only what you currently afford.


Doubling minimum wage doesn't mean doubling everything, in this case, just +$15.
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Permalink | Quote | PM | +Rep July 30, 2013 12:33pm | Report
That's double minimum wage. If you're making an extra $7.50 an hour, and Good A costs you 8 hours at a $7.50 an hour wage...it's not gonna cost you 4 hours. Why? Because that item is worth 8 hours of your time to purchase and companies are gonna capitalize on that. Why will they capitalize? They need to pay their employees in addition to their top-of-the-tree members.
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Permalink | Quote | PM | +Rep July 30, 2013 12:36pm | Report
DKitten wrote:

That's double minimum wage. If you're making an extra $7.50 an hour, and Good A costs you 8 hours at a $7.50 an hour wage...it's not gonna cost you 4 hours. Why? Because that item is worth 8 hours of your time to purchase and companies are gonna capitalize on that. Why will they capitalize? They need to pay their employees in addition to their top-of-the-tree members.


That logic obviously applies but you were extrapolating to every salary and therefore every good.
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Permalink | Quote | PM | +Rep July 30, 2013 12:41pm | Report
You think if double wage goes through on fast-food, OTHER low-end workers won't try the same stint? You'll see grocers, people working in retail, people working at amusement parks, camp counselors, etc also boycott/walkout to get higher wages.
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Permalink | Quote | PM | +Rep July 30, 2013 1:20pm | Report
How many hours does a regular McDonald employee work per day in the US? 8 hour shifts?
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