Posted on 06/04/2015 11:10:01 AM PDT by Oldeconomybuyer
... A report published Thursday by the Employment Policies Institute, a conservative think tank, gives additional credence to the latter theory. It surveyed 924 restaurants in New York State that self-identified as fast food operations. When asked how likely they are to raise prices in response to a $15 per hour minimum wage, 86% of respondents said that they were very likely or somewhat likely to do so. Eighty-three percent said they were very likely or somewhat likely to reduce workers’ hours, or reduce staffing levels in response to such a hike.
The report said that its results “suggest that the wage board should proceed with caution in its recommendations.”
(Excerpt) Read more at time.com ...
Say hello to Mr. Robot.
Won’t spit in your drink, either.
What a bunch of retards.
Paid SEIU thugs.
Exactly. Automation is going to happen irregardless of the minimum wage. Raising it will only hasten the arrival. Very easy to foresee a McDonalds with just a couple of humans loading the machines and maintaining them.
We this time does arrive, these folks will all learn the real minimum wage is $0.
Drink, burger, soup...
To clarify, he meant a good thing for the researchers. Which it is, in the same way that inoculating people with disease organisms to see if they live or die is a good thing for researchers. For the participants, not so much.
It is simply amazing that people are surprised at the inevitable price increases. Where did they think the money came from in the first place? The restaurant owner is being squeezed between his or her own employees' higher wages, the ones mandated for the suppliers, who have to raise their own prices to compensate, extra reporting and administrative requirements for benefits, the list goes on and on. The people making these laws have never had to follow them.
Why stop at $15? Let’s move min wage to $526.32 an hour! That would make everyone a millionare and move all 99% into the top 1%!
The Century Big Mac will cost $100.
The Century Big Mac will cost $100.
You ungenerous cheapskate!!! Why stop at $526.32 an hour and only make everyone a millionaire? Why not make it $526,320 per hour and make everyone a BILLIONAIRE? After all, Bill Gates is a billionaire, why shouldn’t anyone capable of flipping a hamburger be one too?
just pass another law making that illegal....duh! /s
“Ungenerous cheapskate!”
Good one...or should I say doubleplusungoodone!
what is the holdup with the robots.
I have seen an automated French fry maker at mcdonalds. there is no reason this can’t go even further.
Reminds me of the automated grapefruit picking machines which were built to answer worker efforts to unionize.
The early progressives and the Nazis used to do experiments like that,
which shows who the modern left is really descended from.
Just sayin'
When I was in Italy a couple of years ago, one of the things I found out about was that restaurant workers are paid very well. I don’t know if it is $15 per hour, but the end result is that generally in Italy, the restaurants are closed pretty much all day long. They are open during lunch, when they are crowded and noisy, and then they are closed all afternoon and open for maybe 2-3 hours in the evening for dinner. This is what will happen in USA with 15 dollar per hour restaurant workers.
Let them have their cake, I don’t care anymore I can make my own food.
Let those fools place themselves on their own created bread lines as they are replaced by machines....
Scrooge McDuck. They think every business owner is Scrooge McDuck.
Time for a maximum wage of $1.50 then there will be lots of jobs for everyone, why we could all have 2 or 3 jobs.
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