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To: gogeo

You can bet McDonalds knows the unit cost for every thing they sell. Labor to the penny. So are you one of those “10 dollar hamburger if minimum wage doubles” people. If so you are being ridiculous.


52 posted on 02/25/2015 2:49:00 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
If you have to ask you didn't read and understand what I posted. We would not see a doubling of Big Macs $$$. The higher minimum wage would not factor in to the same degree because there would be fewer employees being paid. The effect would be seen and felt by every factor involved, employees, management, ownership.

The "unintended consequences" would overwhelm whatever positive effect may be created. It can be no other way. Call a minimum wage what it is...price controls applied in this case to labor. The market will not be denied.

You can put lipstick on a pig, but you cannot make it fly.

55 posted on 02/25/2015 5:56:14 PM PST by gogeo (If you are Tea Party, the eGOP does not want you.)
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