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Want robots at McDonald's? Hike minimum wage: Zell
CNBC ^ | 3 Sep 2014 | Matthew J. Belvedere

Posted on 09/06/2014 7:19:39 AM PDT by KeyLargo

Want robots at McDonald's? Hike minimum wage: Zell Matthew J. Belvedere | @Matt_Belvedere Wednesday, 3 Sep 2014

Video

Federal and state efforts to increase the minimum wage are misguided and pose serious risks to the economy and the job market, billionaire Sam Zell told CNBC on Wednesday.

"The tinkering with the minimum wage is a very dangerous game," the chairman of Equity Group Investments said in a "Squawk Box" interview. "You start talking about a $13 or a $15 minimum wage, and you're going to have robots that are operating McDonald's."

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; News/Current Events
KEYWORDS: communism; fastfood; marxism; mediabias; minimumwage; robots; seiu; touchscreens; unions
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To: sheana

“I don’t really do McDonalds but absolutely love their sausage and egg mcmuffins. When they are on sale I buy a whole bunch and freeze them.”

Walmart sells them in the frozen food section, they are actually better and cheaper! About 80 cents each, packed 4 or 8 to a box. Heat in the microwave. Ham, Bacon, or Sausage.


41 posted on 09/06/2014 8:25:28 AM PDT by Beagle8U (Unions are an Affirmative Action program for Slackers! .)
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To: KeyLargo

While discussing socialism by its economic models is useful, it misses the point.

The difference is not between capitalism and socialism as economic systems. Its between a society with liberty and a society without.

Marx and Engles had to actually hurry to finish their economic tomes as the purpose was to explain how to fund a socialist society. The very earliest socialist envisioned a scientific and technological society creating a government that would use those tools to cure its social ills of poor people, wealth concentration and corruption.

With such an invasive government, liberty and private property became obstacles and the socialist organization of property with state ownership or control was the only thing conceived to have the power to produce such a government as envisioned.

Liberty, free practice of personal faith and settled ownership of property were the engines that produced our nation — capitalism, a term used by its opponents, is not in the constitution.


42 posted on 09/06/2014 8:28:45 AM PDT by KC Burke (Gowdy for Supreme Court)
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To: luvbach1

That’s the old Automat concept.”

We had these where I worked in KC back in the early 1960’s so you’re right about it being nothing new. Our machines had awesome coconut cream pie, Machines were filled on the weekend and you sure didn’t want to eat any of the sandwiches that were still there on the following Friday.

IMO this entire issue is totally about union wages, most of which will go up if the minimum wage rates are raised. Then dues will go up and then union leaders can buy more congressional support and be able to increase union leadership salaries and perks. So bogus.


43 posted on 09/06/2014 8:30:47 AM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: txrefugee
I once ordered a chicken salad at McDonald's. The chippy behind the counter was busy chatting with her co-workers. She asked me three times if I wanted grilled or crispy and three times I said “grilled.” Guess what I got. Yup, crispy.

I'd like to think that robots wouldn't be so busy chatting with other robots that they couldn't get my order right.

44 posted on 09/06/2014 8:31:01 AM PDT by fatnotlazy
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To: fatnotlazy

Try asking one of these geniuses to slice 3/4 lb of turkey.

You’ll get a pound or 1/2 pound, they can’t figure out that 3/4=.75


45 posted on 09/06/2014 8:37:53 AM PDT by Rome2000
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To: Kozak
jobs...

humans need jobs...if they don't have jobs, they sit and cause trouble at home, in the public...they become sloths....

while robots are "progressive"....truth be told, with all the conversion to machines and computers, jobs that used to sustain a family are just not there....

so what do you do with millions of people age 18 to 65 that have no work at all?

46 posted on 09/06/2014 8:46:19 AM PDT by cherry
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To: Beagle8U

I’ve tried all the prepackaged ones. Just don’t like them as much but thanks!


47 posted on 09/06/2014 8:56:29 AM PDT by sheana
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To: KeyLargo

48 posted on 09/06/2014 9:00:33 AM PDT by martin_fierro (< |:)~)
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To: DocJhn

Even the threat of a minimum wage hike is enough to get many more businesses to accelerate automation. Instead of more tax money via wage hikes, we will of course have less aggregate tax collection via fewer employees. And that also means fewer employees paying union dues, and less tribute for the Dims campaign coffers.
But, OTOH, there will be more welfare cases, which means more Dim voters.
Also look for another Luddite movement as Dims, racial and poverty pimps demonize evil greedy white businessmen running urban McDonald’s with more machines. A little more civil unrest is always a good way to keep the mob engaged in politics and voting for Dims.


49 posted on 09/06/2014 9:00:41 AM PDT by grumpygresh (Democrats delenda est. New US economy: Fascism on top, Socialism on the bottom.)
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01001001 00100111 01001101 00100000 01001100 01001111 01010110 01001001 01001110 00100111 00100000 01001001 01010100


50 posted on 09/06/2014 9:02:51 AM PDT by martin_fierro (< |:)~)
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To: KeyLargo
http://townhall.com/columnists/thomassowell/2013/09/17/minimum-wage-madness-n1701840/page/full

http://www.creators.com/conservative/thomas-sowell/minimum-wage-madness-part-ii.html

...In the United States, the last year in which the black unemployment rate was lower than the white unemployment rate — 1930 — was also the last year when there was no federal minimum wage law. Inflation in the 1940s raised the pay of even unskilled workers above the minimum wage set in 1938. Economically, it was the same as if there were no minimum wage law by the late 1940s.

In 1948 the unemployment rate of black 16-year-old and 17-year-old males was 9.4 percent. This was a fraction of what it would become in even the most prosperous years from 1958 on, as the minimum wage was raised repeatedly to keep up with inflation....

...In South Africa during the era of apartheid, white labor unions urged that a minimum wage law be applied to all races, to keep black workers from taking jobs away from white unionized workers by working for less than the union pay scale.

Some supporters of the first federal minimum wage law in the United States — the Davis-Bacon Act of 1931 — used exactly the same rationale, citing the fact that Southern construction companies, using non-union black workers, were able to come north and under-bid construction companies using unionized white labor...

51 posted on 09/06/2014 9:06:50 AM PDT by E. Pluribus Unum ("The man who damns money obtained it dishonorably; the man who respects it earned it." --Ayn Rand)
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To: bigbob

you can only teach someone capible of learning... Liberals and especially racists blacks are so blinded by their hate they are incapible of learning from their mistakes.

Case in point. Detroit, where they still line up a mile deep to vote for the person with matching skin tone or a D after their name even after decades of proof they have no idea how to run a government.


52 posted on 09/06/2014 9:17:29 AM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
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To: KeyLargo

My policy is if I wouldn’t want to run into a person on a dark street I also don’t want to eat food they’ve prepared. Robots would be an improvement.


53 posted on 09/06/2014 9:22:59 AM PDT by GOPJ ("If America was a house, the Left would root for the termites." - Greg Gutfeld)
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To: KeyLargo

Total scare tactic BS. The current robots are not capable of replacing McDonald workers. McDonalds is already very computerized as far as the cooking equipment and the entire store


54 posted on 09/06/2014 9:23:56 AM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: KeyLargo

Obama helping out big business (tech) by pretending to be helping the poor.


55 posted on 09/06/2014 9:29:11 AM PDT by Raycpa
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To: icwhatudo

And that don’t have surly attitudes and tattoos on their neck.


56 posted on 09/06/2014 9:36:37 AM PDT by Arm_Bears (Rope. Tree. Politician. Some assembly required.)
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To: DocJhn
That's a good point, and you're right about the taxes. Unfortunately, taxes are just the beginning of the problems. As the following chart shows, the effective marginal tax rate for low-income workers is over 80%. This is because of claw-backs on social welfare programs. From the perspective of the individual affected, these claw-backs are indistinguishable from taxes. IOW, governments will save about 5 or 6 times more than you calculated -- and the workers will be shocked to discover how little extra they have in their pocket each payday. Those, who are still working, that is.


57 posted on 09/06/2014 9:40:36 AM PDT by USFRIENDINVICTORIA
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To: KeyLargo

a number of restaurant chains are gearing up for table service without waiters/waitresses, just someone who directs you to your table, then someone who brings you napkins and eating utensils, while you review the offerings on a screen set into one end of your table, a screen with “touch screen” ability you use to place your order


58 posted on 09/06/2014 10:18:48 AM PDT by Wuli
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To: KeyLargo
Want robots at McDonald's?

Yes. I believe the food served would be cleaner and better prepared. It's hard to believe anyone could screw up the assembly of an Egg McMuffin, but apparently it's a mystery to plenty of McDonald's employees.
59 posted on 09/06/2014 10:24:37 AM PDT by AnotherUnixGeek
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To: KeyLargo

Robots would be an improvement over the idiots they currently employ.


60 posted on 09/06/2014 10:39:31 AM PDT by EricT. (Everything not forbidden is compulsory.)
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