McDonalds' Higher Wages = Higher Sales...

[Rustic]

I prefer self checkouts anyway

 

[Flash]

Soooooo Moon Bats, how is that bloated minimum wage working out?


It is not like we didn't warn you little dumbshits.


McDonald's hits all-time high as Wall Street cheers replacement of cashiers with kiosks


McDonald's hits all-time high as Wall Street cheers replacement of cashiers with kiosks

• Cowen says McDonald's will upgrade 2,500 restaurants to its "Experience of the Future" technology by year-end, which includes digital ordering kiosks.
• The firm raises its rating on McDonald's to outperform from market perform and price target for the shares to $180 from $142.
• Same store sales estimate for 2018 raised to 3 percent from 2 percent.

 

[Rustic]

Wait, so you guys arent claiming anymore that burger prices will go through the roof from higher wages?

Man, you guys always give up that point when it doesnt come true.

No matter what the price has to be passed along to someone, burger flipping is never worth more than seven dollars an hour… Fact

 

[Ray From Cleveland]

McDs is replacing expensive humans with robots. I was right.


McDonald's hits all-time high as Wall Street cheers replacement of cashiers with kiosks

• 
  
  
  • Cowen says McDonald's will upgrade 2,500 restaurants to its "Experience of the Future" technology by year-end, which includes digital ordering kiosks.

http://www.cnbc.com/2017/06/20/

Not too far down the road you will order through an app on your phone and pay for it the same way.

 

[danielpalos]

Ahem. Wendy's going robotic now, too.


1,000 Wendy’s will get self-ordering kiosks

Increasing the cost of labor means capital will seek gains from productivity.

 

[boedicca]

Ahem. Wendy's going robotic now, too.


1,000 Wendy’s will get self-ordering kiosks

Increasing the cost of labor means capital will seek gains from productivity.

Yes, indeed. That is what some of us pointed out in response to those who promoted the increased minimum wage as benefiting low wage workers. In reality, the real minimum wage is $0 when robots and automation replace humans.

 

[iceberg]

I prefer self checkouts anyway

i refuse to go to grocery stores when all they have is self-checkout. krogers has pretty much lost my business over this.

 

[danielpalos]

Ahem. Wendy's going robotic now, too.


1,000 Wendy’s will get self-ordering kiosks

Increasing the cost of labor means capital will seek gains from productivity.

Yes, indeed. That is what some of us pointed out in response to those who promoted the increased minimum wage as benefiting low wage workers. In reality, the real minimum wage is $0 when robots and automation replace humans.

Nothing like being, "behind the curve, right wingers"?

America has near record 5.8 million job openings

Y'all need first world excuses not third world excuses.

 

[boedicca]

Ahem. Wendy's going robotic now, too.


1,000 Wendy’s will get self-ordering kiosks

Increasing the cost of labor means capital will seek gains from productivity.

Yes, indeed. That is what some of us pointed out in response to those who promoted the increased minimum wage as benefiting low wage workers. In reality, the real minimum wage is $0 when robots and automation replace humans.

Nothing like being, "behind the curve, right wingers"?

America has near record 5.8 million job openings

Y'all need first world excuses not third world excuses.

Take a look at the Labor Force Participation Rate, bub. Take a look at the industries in which jobs are being created (hint, most are not high wage). And then take a look at the trend of median wages, and that of wages in the bottom 20%. The pictures aren't pretty.

 

[ClosedCaption]

Wait, so you guys arent claiming anymore that burger prices will go through the roof from higher wages?

Man, you guys always give up that point when it doesnt come true.

No matter what the price has to be passed along to someone, burger flipping is never worth more than seven dollars an hour… Fact

Fa ts aren't facts because you end lies with the word fact...fact

 

[ClosedCaption]

I prefer self checkouts anyway

i refuse to go to grocery stores when all they have is self-checkout. krogers has pretty much lost my business over this.

I avoid the self check outs. I mean damn, I didn't even apply for that job in the first place.

 

[whitehall]

Yeah but being a burger flipper isn't a career choice, is it? I mean you get some kids on summer break from school taking a job flipping burgers. Are they going to be looking for IRA's? God forbid my grandson looks for an "archway to opportunity". How does "lower crew turnover and higher customer satisfaction" translate to higher profits in a freaking fast food burger joint? You probably get a better working conditions in Walmart. It's fine if MacDonalds wants to pay their staff a better wage but don't try to bull shit us by claiming the Golden Arches is the pathway to success. Ronald MacDonald takes himself way too seriously.

 

[IsaacNewton]

.
Rightwingers/Republicans will deny, deny, deny - but the proof is in the puddin'.


Fortune.com: McDonald's CEO Says Better Worker Benefits Boosting U.S. Sales
by Phil Wahba
April 22, 2016, 3:19 PM EDT

<snip>

“The improvements we made to our compensation and benefits package to employees in U.S.-company operated restaurants, along with expanding Archways to Opportunity … have resulted in lower crew turnover and higher customers satisfaction scores,” Easterbrook said.

<snip>


.

Wait for it, they'll be denying this until they're blue in the face. To cons capitalism means paying their masters who then throw scraps on the ground if they feel generous. a company that takes care of it's employees and gains economic benefit from it just grinds against everything cons believe. They live with the thought that the wealthy are supposed to enslave everyone else and everyone else is supposed to thank them for it.

It is a type of self-loathing that is really disgustingly sad to see.

 

[SAYIT]

McDs is replacing expensive humans with robots. I was right.

McDonald's hits all-time high as Wall Street cheers replacement of cashiers with kiosks

• Cowen says McDonald's will upgrade 2,500 restaurants to its "Experience of the Future" technology by year-end, which includes digital ordering kiosks. http://www.cnbc.com/2017/06/20/

Meanwhile Walmart continues to expand it's self-checkout program, eliminating 6-12 cashier-op lanes per store. That's a lot of lost work-hours and not one leftard will accept responsibility for their part in it.

 

[boedicca]

.
Rightwingers/Republicans will deny, deny, deny - but the proof is in the puddin'.


Fortune.com: McDonald's CEO Says Better Worker Benefits Boosting U.S. Sales
by Phil Wahba
April 22, 2016, 3:19 PM EDT

<snip>

“The improvements we made to our compensation and benefits package to employees in U.S.-company operated restaurants, along with expanding Archways to Opportunity … have resulted in lower crew turnover and higher customers satisfaction scores,” Easterbrook said.

<snip>


.

Wait for it, they'll be denying this until they're blue in the face. To cons capitalism means paying their masters who then throw scraps on the ground if they feel generous. a company that takes care of it's employees and gains economic benefit from it just grinds against everything cons believe. They live with the thought that the wealthy are supposed to enslave everyone else and everyone else is supposed to thank them for it.

It is a type of self-loathing that is really disgustingly sad to see.

You're describing Socialism, not Capitalism, bub.

 

[SAYIT]

McDs is replacing expensive humans with robots. I was right.
McDonald's hits all-time high as Wall Street cheers replacement of cashiers with kiosks
http://www.cnbc.com/2017/06/20/

Not too far down the road you will order through an app on your phone and pay for it the same way.

We stopped at a chain restaurant (Applebee's or Olive Garden) while on the road late last year and found a small, wireless kiosk/vid game on the table. You could view food choices, order, play and pay without server attention. A runner could bring the food, pretty much eliminating the need to tip. The future is here now thanks in large part to leftard whining.

 

[task0778]

All you're doing when you raise the cost of labor is hastening the switch to automation.

 

[danielpalos]

Ahem. Wendy's going robotic now, too.


1,000 Wendy’s will get self-ordering kiosks

Increasing the cost of labor means capital will seek gains from productivity.

Yes, indeed. That is what some of us pointed out in response to those who promoted the increased minimum wage as benefiting low wage workers. In reality, the real minimum wage is $0 when robots and automation replace humans.

Nothing like being, "behind the curve, right wingers"?

America has near record 5.8 million job openings

Y'all need first world excuses not third world excuses.

Take a look at the Labor Force Participation Rate, bub. Take a look at the industries in which jobs are being created (hint, most are not high wage). And then take a look at the trend of median wages, and that of wages in the bottom 20%. The pictures aren't pretty.

Not very relevant. Y'all need, first world excuses, not third world excuses.

It's great that U.S. businesses are hiring. But these record number of openings are also a sign that business owners can't find the skilled workers qualified to fill the jobs they have.

 

[SAYIT]

.
Rightwingers/Republicans will deny, deny, deny - but the proof is in the puddin'.


Fortune.com: McDonald's CEO Says Better Worker Benefits Boosting U.S. Sales
by Phil Wahba
April 22, 2016, 3:19 PM EDT

<snip>

“The improvements we made to our compensation and benefits package to employees in U.S.-company operated restaurants, along with expanding Archways to Opportunity … have resulted in lower crew turnover and higher customers satisfaction scores,” Easterbrook said.

<snip>


.

Wait for it, they'll be denying this until they're blue in the face. To cons capitalism means paying their masters who then throw scraps on the ground if they feel generous. a company that takes care of it's employees and gains economic benefit from it just grinds against everything cons believe. They live with the thought that the wealthy are supposed to enslave everyone else and everyone else is supposed to thank them for it.

It is a type of self-loathing that is really disgustingly sad to see.

You're describing Socialism, not Capitalism, bub.

I believe the goal of socialism is to have everyone (except the masters) equally poor. See: Venezuela

 

[SAYIT]

i refuse to go to grocery stores when all they have is self-checkout. krogers has pretty much lost my business over this.

I avoid the self check outs. I mean damn, I didn't even apply for that job in the first place.

I've waited behind enough 'tards (leftists, obviously) to know 1 'tard customer + 1 'tard cashier = 20 minute wait. Enjoy that.