To: grundle
I see the invention of the “Hamburger 3000” looming in the not to distant future. When labor cost rise to unsustainable levels then machines are created to eliminate the cost....economics 101!!!
19 posted on
12/10/2014 5:56:20 AM PST by
ontap
To: ontap
Increasing the minimum wage to $15.00 hour is not unsustainable. I am not defending here but do the math. The labor costs in a prepared restaurant meal is about 30%.
Let’s say a diner costs without tip $10.00. Right now $3.00 of that goes to labor. Lets DOUBLE labor costs to $6.00. The meal now costs $13.00. A substantial increase but not “Astronomical”.
27 posted on
12/15/2014 6:03:32 AM PST by
central_va
(I won't be reconstructed and I do not give a damn.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson