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To: SeekAndFind
Fast food robots can't come fast enough.
To: SeekAndFind
Bet on it.
84 posted on
04/11/2016 9:18:59 AM PDT by
ScottinVA
(Breathe, Donald.... Breathe.)
To: SeekAndFind
A minimum wage that is too high also creates a demand for illegal immigrant labor and when you couple that with the ridiculous paid medical leave laws the Democrats are seriously creating a market for illegal alien labor!
90 posted on
04/11/2016 9:28:59 AM PDT by
MeganC
(The Republic of The United States of America: 7/4/1776 to 6/26/2015 R.I.P.)
To: SeekAndFind
We think we’d need to increase menu prices by something like 50 percent. It’s not something we’ve done before. It’d be catastrophic.” Ah oh, somebody is math challenged. It is a simple math problem.
Cost of labor =30%.
Cost of everything else =70%
If labor cost doubles then labor goes from .30/dollar to .45/dollar = .70 + .45 = $1.15 (new cost basis). A 15% increase in cost basis not a 50% increase LOL. Labor goes from 30% -> 39%
9 % inflation is not a crisis, it is bad but not catastrophic.
Please ditch the hyperbole.
91 posted on
04/11/2016 9:30:09 AM PDT by
central_va
(I won't be reconstructed and I do not give a damn.)
To: SeekAndFind
On the other hand, Barack might not have gotten his start at the Baskin-Robbins if they couldn’t pay hom the $2/hour training wage he was worth.
94 posted on
04/11/2016 9:39:28 AM PDT by
Dr. Sivana
("There is no limit to the amount of good you can do if you don't care who gets the credit."-R.Reagan)
To: SeekAndFind
100 posted on
04/11/2016 9:46:42 AM PDT by
Red Badger
(The Left doesn't like him and the Right doesn't like him, so he must be the right guy for the job...)
To: SeekAndFind
For me the nominal increase in inflation would be offset by my knowing that everyone working for $15/hr or 30K per year no longer qualifies for benefits. I think it might be worth it.
107 posted on
04/11/2016 10:04:12 AM PDT by
central_va
(I won't be reconstructed and I do not give a damn.)
To: SeekAndFind
113 posted on
04/11/2016 10:16:11 AM PDT by
gop4lyf
(Gay marriage is neither.)
To: SeekAndFind
If beef prices go up 50% that will be passed on immediately to the consumer. No hub bub, just business as usual. But if labor costs goes up at all it is a political crisis of monumental proportions and the whole world is coming to an end.
120 posted on
04/11/2016 10:28:28 AM PDT by
central_va
(I won't be reconstructed and I do not give a damn.)
To: SeekAndFind
Time to move out of New York. No more business taxes coming in. Hit them where it hurts.
155 posted on
04/11/2016 2:20:25 PM PDT by
hattend
(Firearms and ammunition...the only growing industries under the Obama regime.)
To: SeekAndFind
All fast food stores will be automated within 10 years in all of these high minimum wage states. The workers will all soon be priced out of a job.
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