You are dumb as 17
How did you graduate law school.
You’ll be the first one representing these lazy 17s when they complain robots took their job.
OT: McDonald's first but it's coming folks.
- Thread starter IBleedMaroonDawg
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How did you graduate law school.
You’ll be the first one representing these lazy 17s when they complain robots took their job.
It won’t be entirely automated. They’ll pay someone who has half a brain and 3/4 if want to around $30 to $40 an hr to keep it all running.
then the poor entitled dumbasses will ***** they can’t find a job.
The only thing I expect is for Americans and businesses to live by the constitution
The PURSUIT of happiness doesn’t mean I have to pay you a certain amount of money. It simply means you get the option to pursue happiness which means something different to many different people.
I'm aware of the libertarian argument (or Austrian economic theory). I no longer buy it (well, some of it makes sense). We live in a pluralistic society, we have a welfare state and either we raise the minimum wage, with exceptions for small businesses, or we let businesses off the hook and have the taxpayer fund our low wage system of employment. I've been to countries with higher minimum wages and some with national healthcare. They aren't on the road to serfdom. I like a lot of those places even with their flaws. It's about tradeoffs rather than the purity of libertarian economic theory. Low wages for men is not good for society. Lots of single men with few marriage prospects. That's unhealthy
Are you setting the bar for "off government assistance"? Quite a few spend a lot of effort to make sure they can still get that assistance...
I thought about doing that but Walgreens sucks here too. Not many options near me.
Yep you are an idiot.
Venezuela, North Korea and the Soviet Union thought that too till they found they were wrong. These other "paradises" you fantasize about have families of 4 living in 650 square feet over their roofs on average.
Give me examples of those countries and I’ll tear holes in every theory you have about them.
A locally owned McDonald’s is a small business in case some of you are too dumb to understand that.
UBI is one of the dumbest things ever to pass through a human brain. It only works in the fantasy world of income goes up but prices remain stagnant and the labor pool doesn't decrease. Neither of those would be the case. Just look at what happened to prices with all the free Covid money. A ******* carton of eggs is now $4. 12 pack of coke $7. You provide UBI and inflation just keeps increasing. To try and keep prices somewhat in check businesses reduce employees and go to more automation or ship as much production to Chinese sweat shops. That puts even more people out of work and on govt assistance.
Bring back child labor!
The problem with your statement is the overwhelming majority of those workers ARE productive enough to make $15 an hour, but they lack the bargaining power to get it. Pay and productivity are only loosely related, not directly and absolutely related.
Perhaps we could mandate profit sharing with workers making less than a floor, so that we can assure low wages aren't about profiteering off of bargaining power?
It's a small business that has control over very few aspects of the business (worker pay being one of the few), while a major corporation has control over most aspects (goods supply, cost, prices, menu, uniform, etc).
The free covid money went away. The prices and low supply of labor didn't, unlike what we were told by many. Reality check: it wasn't caused by the free covid money.
So what? It’s still a small business in the sense it’s locally owned and can only afford to pay X at Y sales.
It's pretty important. Basically the only factor a franchisee can affect to have an effect on profit is: labor cost. It's why the current model relies on it.
If you think the overwhelming majority of McDonald’s, Popeyes and KFC employees in the south are productive enough for $15/hr you are really dumb or naive or both.
Mandate profit sharing at a local franchise?
yeah good luck getting people to invest in those franchises.
Pretty much all restaurants run off a similar model whether they are a franchise or not.
I'm quite sure that the continuously operating fast food restaurants are generating a net profit, which would be hard to do if the employees are making more than their productivity.
The problem is your substitution of productivity with market rate. If I make a widget per hour that sells for $20, my productivity is $20 per hour (simplified). I may make $10 per hour, maybe $15. That's my market rate, and it depends more on who can replace me and what pay they will demand than on my productivity. Now change that productivity rate to $1000 per hour. Nothing else has changed. If there's a ready supply of workers that will do that work for $10 per hour, then that's what I make.
I get it, most minimum wage labor is awful compared to the rest of us. But there's still great value in a worker, any worker.
Wouldn't be hard. It would lower profit, but businesses making money are still worth money.
I may start going back to fast food restaurants if I can interface with an artificial intelligence robot instead of the typical no intelligence fast food worker
Not for long.
And not exactly. You better believe the chefs at High dollar restaurants aren't making minimum wage. And a non-franchise restaurant can adjust their strategy, that's the point. Maybe a cheap beer night, maybe a steak night, whatever juices profits. Franchisees can't do that (generally).
Maybe if we loosen up the border we can get enough cheap labor in the door to keep that model going (which is why the border is loose to being with. If ya know, ya know).
So you want to condemn low productivity workers to never having a job because you don’t want slightly higher productivity workers to have to compete with them?
It’s not a libertarian argument. It’s a math argument. Imposing a productivity floor does prevent low productivity employees from competing with higher productivity employees. That is good for the slightly higher productivity employees (at least as far as bargaining for their wages goes; bad for them as far as cost of living goes but that probably doesn’t offset the benefit to them). It’s devastating and dehumanizing to the lower productivity worker. You can say you’refine with that trade off and the moral implications. But that doesn’t make math libertarian or Austrian.
It's physically impossible for lower productivity employees to not compete with higher productivity employees. All you can do is shift things around. When there's a $5 minimum wage, a slightly above average worker can compete for a $6 wage, the lowest productivity worker cannot. When there's a $10 minimum wage, the slightly more productive employee can compete for a $12 wage, the lowest productivity worker cannot.
The question is whether the $5 worker will still have a job with a $10 minimum wage. Certain freshwater schools predicted no. Reality has shown yes. Dude, just look around. The reason is because markets were NOT efficient in regards to pay. The $5 worker was worth more than $5, he just couldn't bargain his way to it.
Dude, look around. Low productivity workers have never been more in demand!
As said above, your error is that wages are not efficient. There's a disparity.
Remember, corporate profit is the sum total of the difference between worker productivity and worker pay. Corp profits have been climbing for decades. What does this mean for worker pay and productivity? Do the basic math.
I would much prefer profit sharing and whatever else would decrease that disparity to a minimum wage. But a MW is better than nothing. Because it reduces that disparity. Now, corps love that disparity, they want it to grow (it's literally their profit!).
I think the point of all this is that you won’t have anyone to get you those awesome packets of lo fat mayo or ketchup. No thx! Whataburger here I come.
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