Dear Bernie, as you continue in your never-ending “Fight for $15“, we thought you might benefit from a simple example of how economics work in a real life, functioning, capitalistic society. You see, Bernie, labor, much like your daily serving of crunchy granola, is just another “good” that businesses can choose to consume more or less of, depending on price. And, just to be crystal clear, when the price of labor (i.e. wages) increases, businesses tend to consume less of it. Finally, our dearest Bernie, when misinformed politicians radically disrupt labor markets by setting artificially high base prices, like your proposed $15 federal minimum wage, then businesses simply stop consuming labor completely and instead replace that labor with this “Big Mac ATM Machine.”
Say what?! A Big Mac ATM machine, where you can order real Big Macs, is coming to the Pru/Copley on January 31st. http://bit.ly/2jmOdwv
So, you see Bernie, pretty soon all those McDonald’s workers that you promised a “fair living wage” to make Big Macs, will have absolutely no wages at all courtesy of your “Fight for $15.”
Of course, as the Daily Caller points out, the “Big Mac ATM” is just the tip of the iceberg when it comes to low-skilled jobs that will be automated as a result of the $15 minimum wage that has already been passed in several states across the country.
Wendy’s, another popular fast-food establishment, announced plans in May to start installing self-serving kiosks at some of its over 6,000 locations later in the year. The chain is replacing cashiers and other low-skilled jobs with computers and automated machines because, as Wendy’s president Todd Penegor told Investor’s Business Daily, it has to compensate for wage hikes.
McDonald’s Europe president Steve Easterbrook announced in 2011 that the fast-food restaurant was planning on “hiring” 7,000 touch-screen cashiers to be installed across the continent, according to CNET and the Financial Times. Easterbrook said it would make transactions more efficient — namely lowering the average interaction three to four seconds each.
So, congrats on getting all those fast food workers fired, we’re sure they really appreciate all your hard work.
BWAHAHAHAHA!
WA state just had a mw increase and the same day the price of fast food, haircuts and just about everything else went up in response.
If $15/hr is good why not $150 or $1500. I think da snoflakes are setting their sights a bit low. They have no ambition even in seeking shit they don’t deserve.
“If $15/hr is good why not $150 or $1500”
Spot on. I use this on people all the time who think government mandated, higher minimum wages are a good idea.
They’ll say: “Well, $150 isn’t reasonable. There needs to be some balance.” Then I spring the trap.
I say: “Yes, you’re right, there does need to be a balance. Do you know how we find that balance? It’s called the free market.”
Of course, nobody ever changes their mind; bad ideas are tough to get rid of in leftists.
Trying to explain economics to a lib is like trying to train a pig to sing: can’t be done and it annoys the pig.
At least the pig wont vandalize your house and set the car on fire when it cant learn.
I rarely eat fast food – usually pack a lunch. Last week was an exception – went to the bank at noon – and decided to grab a Big Mac – hadn’t had one in at least a year.
Wow – it was really bad – tastes like offal – sorta like steamed meat – yuck. And the sauce was sweet – whatever McDonalds has done, they really fucked it up. I couldn’t finish it.
I heartily (pun intended) recommend you try anticuchos, a Peruvian marinated-and-sauced heart kebob grilled over genuine charcoal and served with some genuine spuds and half an ear of corn. Offal it is, but awful it ain’t!
God that’s horrifying. Whose heart do they use?
How dare you toss a Big Mac .Check your White privilege.
Times are changin’
http://www.theinquirer.net/inquirer/news/3002559/robot-rights-eu-votes-to-grant-electronic-personhood-to-cyberdyne-t-800s
And, just remember that it was the Progressives that brought this on us.
The left does not seem to understand ’cause and effect’….
Or maybe they (leadership) do and chaos is the goal? Their supporters obviously do not.
Both their leadership and their membership know fully well and don’t care that the result of a $15 min wage would be fewer jobs. More unemployed = more dependency on government. That’s not a problem to them. That’s their solution.
Remember the days when you went to a diner or lunch counter at the drug store and the fry cook patted out a REAL BEEF patty, slammed it on the grill cooking it to perfection? Nothing was (sectioned and formed/pre-constructed), someone even peeled and chopped the onion onsight for your burger.
Our food is artificial just like the rest of our society and I for one long for REALISM. Eating anything out of that McD box would probably be the low point in my life that I have settled for the crap they are dishing out.
You are what you eat, now take a good look at that machine…….would you really eat that? OBTW, unless they have a bot to restock the buns/pseudo beef/ special sauce, I guess some lowly human will have to do the honors.
Just like in the 40’s thru 60’s when the unions killed the steel, mining, railroad, and automotive industries, the Progs (Communists) will kill-off the entry level jobs to the bots. Nice going! But that’s their plan to kill the Republic.
If we do not find a way to provide a living wage to our workers, the consequences will be brutal to all of us. People will not just sit idly back and attempt to survive on minimum wage as it is. You feed ’em or you fight ’em. This issue needs to be addressed
When manufacturing jobs are lost and replaced by service industry jobs, a living wage is an unrealistic expectation. A system without an industrial base is unsustainable. It’s like building a skyscraper on the head of a pin. What were once entry level jobs, intended to teach entry level workers the ins and outs, are now being filled by experienced workers trying to make ends at least wave at each other, much less meet.
Mandating an unrealistic minimum wage amounts to less jobs, higher prices and more automation. Manufacturing MUST be lured back to the US in order to turn this decline around.
“find a way to provide a living wage to our workers” Which is what Trump is trying to do. I assume you’re an ardent Trump supporter. Too bad big money, with it’s MSM mouthpiece and half the country is doing whatever they can to destroy the new administration.
Great academic minds like Bernie will have no problem circumventing the robotic problem. Just raise taxes and give it to the now unemployed. If and when too much resistance is met on that front, print up some fresh dollars and send the bill to the yet to be born.