why not make the minimum wage $30 an hour?

Well?

SNIP:
Spilling the truth on the fight for a $15 minimum wage
By Post Editorial Board

May 25, 2015 | 5:22pm


Modal Trigger


fast_food_protests-copy.jpg

Protesters call for a $15-hour minimum wage in Times Square in April 2015.Photo: AP
Did The New York Times just inadvertently tell us what the real goal of the raise-the-minimum-wage campaign is?

A Times editorial last weekcheered Los Angeles’ enactment of a $15-an-hour minimum wage— but noted that restaurants, particularly fast-food joints, don’t like it. Said The Times: “The restaurant industry . . . will not go down without a fight.”

We didn’t think that bringing down an entire industry was what the campaign for a $15 minimum wassupposedto be about. Oops.

Back in March,we noted that a similar hikein Seattle’s minimum wage was leading to a spate of local restaurant closings, given that labor costs account for 36 percent of the average restaurant’s earnings.

Case in point: Z Pizza, which has to shut down — putting all 11 employees out of work — because its owner can’t afford the higher labor costs. Ritu Shah Burnham says she tried layoffs, cutting hours, price hikes and not paying herself — to no avail.


And while small businesses have six years to phase in the wage hikes, she has only two, since she’s a franchise of a large chain.

The Times dismissed such concerns, saying minimum-wage hikes can be offset by higher prices and by “paying executives and shareholders less.” (anyone think they do that at their Slimy rag of a newspaper?)

ALL of it here:
Spilling the truth on the fight for a 15 minimum wage New York Post


dshort Advisor Perspectives

Since 1986, the price of a Big Mac has increased 185% from $1.60 to $4.56 today. During this same time period, the CPI has increased at a much lower rate of 110%.

You will find that very little of that price increase "trickled down" to the workers
You do know cooperate Mickey D`s only own 1O percent of it's stores the rest are own by folks you and me, hardly rich

What It Costs To Open A McDonald s - Business Insider

The average McDonald's restaurant generates $2.5 million in sales annually

Startup costs, which include construction and equipment expenses, average between $955,708 and $2.3 million, according to McDonald's. The total is determined by the geography and size of the restaurant, as well as by the selection of kitchen equipment, signage, style of decor, and landscaping, the company says.
Franchisees must pay 40% of the startup costs with cash and other non-borrowed resources, while the rest can be financed.
In addition to those costs, McDonald's charges a $45,000 franchisee fee and an ongoing monthly service fee equal to 4% of gross sales. Franchisees must also pay rent to the company, which is a percentage of monthly sales.


Read more: http://www.businessinsider.com/what-it-costs-to-open-a-mcdonalds-2014-11#ixzz3bFgk5eSS

Read more: http://www.businessinsider.com/what-it-costs-to-open-a-mcdonalds-2014-11#ixzz3bFgY2IlF
yea I know again hardly rich, it don't take much if you have great credit and a few mortgages on your house.

How many mansions you see in small towns that have a Mickey D`s across America?

Where is these secrete homes with a Lamborghini in the drive way?

You don't see their workers with those thing either. In fact, you will probably find them on welfare
it's been a bit since I have been to a big citie. But I try to do my part and bring them applications to my work....

But you know what they tell me? At the local gas station and stuff?

Then I Will make to much
 
Well?

SNIP:
Spilling the truth on the fight for a $15 minimum wage
By Post Editorial Board

May 25, 2015 | 5:22pm


Modal Trigger


fast_food_protests-copy.jpg

Protesters call for a $15-hour minimum wage in Times Square in April 2015.Photo: AP
Did The New York Times just inadvertently tell us what the real goal of the raise-the-minimum-wage campaign is?

A Times editorial last weekcheered Los Angeles’ enactment of a $15-an-hour minimum wage— but noted that restaurants, particularly fast-food joints, don’t like it. Said The Times: “The restaurant industry . . . will not go down without a fight.”

We didn’t think that bringing down an entire industry was what the campaign for a $15 minimum wassupposedto be about. Oops.

Back in March,we noted that a similar hikein Seattle’s minimum wage was leading to a spate of local restaurant closings, given that labor costs account for 36 percent of the average restaurant’s earnings.

Case in point: Z Pizza, which has to shut down — putting all 11 employees out of work — because its owner can’t afford the higher labor costs. Ritu Shah Burnham says she tried layoffs, cutting hours, price hikes and not paying herself — to no avail.


And while small businesses have six years to phase in the wage hikes, she has only two, since she’s a franchise of a large chain.

The Times dismissed such concerns, saying minimum-wage hikes can be offset by higher prices and by “paying executives and shareholders less.” (anyone think they do that at their Slimy rag of a newspaper?)

ALL of it here:
Spilling the truth on the fight for a 15 minimum wage New York Post

dshort Advisor Perspectives

Since 1986, the price of a Big Mac has increased 185% from $1.60 to $4.56 today. During this same time period, the CPI has increased at a much lower rate of 110%.

You will find that very little of that price increase "trickled down" to the workers
You do know cooperate Mickey D`s only own 1O percent of it's stores the rest are own by folks you and me, hardly rich

What It Costs To Open A McDonald s - Business Insider

The average McDonald's restaurant generates $2.5 million in sales annually

Startup costs, which include construction and equipment expenses, average between $955,708 and $2.3 million, according to McDonald's. The total is determined by the geography and size of the restaurant, as well as by the selection of kitchen equipment, signage, style of decor, and landscaping, the company says.
Franchisees must pay 40% of the startup costs with cash and other non-borrowed resources, while the rest can be financed.
In addition to those costs, McDonald's charges a $45,000 franchisee fee and an ongoing monthly service fee equal to 4% of gross sales. Franchisees must also pay rent to the company, which is a percentage of monthly sales.


Read more: http://www.businessinsider.com/what-it-costs-to-open-a-mcdonalds-2014-11#ixzz3bFgk5eSS

Read more: http://www.businessinsider.com/what-it-costs-to-open-a-mcdonalds-2014-11#ixzz3bFgY2IlF
yea I know again hardly rich, it don't take much if you have great credit and a few mortgages on your house.

How many mansions you see in small towns that have a Mickey D`s across America?

Where is these secrete homes with a Lamborghini in the drive way?

You don't see their workers with those thing either. In fact, you will probably find them on welfare

Most people that work in McDonalds are teens working for spending money.

More Than a Quarter of Fast-Food Workers Are Raising a Child - The Atlantic

Only 30 percent are teens

A few interesting stats:
  • Almost 40 percent of fast food workers are 25 or older.
  • More than 30 percent have at least some college experience.
  • More than a quarter are parents.
 
Well?

SNIP:
Spilling the truth on the fight for a $15 minimum wage
By Post Editorial Board

May 25, 2015 | 5:22pm


Modal Trigger


fast_food_protests-copy.jpg

Protesters call for a $15-hour minimum wage in Times Square in April 2015.Photo: AP
Did The New York Times just inadvertently tell us what the real goal of the raise-the-minimum-wage campaign is?

A Times editorial last weekcheered Los Angeles’ enactment of a $15-an-hour minimum wage— but noted that restaurants, particularly fast-food joints, don’t like it. Said The Times: “The restaurant industry . . . will not go down without a fight.”

We didn’t think that bringing down an entire industry was what the campaign for a $15 minimum wassupposedto be about. Oops.

Back in March,we noted that a similar hikein Seattle’s minimum wage was leading to a spate of local restaurant closings, given that labor costs account for 36 percent of the average restaurant’s earnings.

Case in point: Z Pizza, which has to shut down — putting all 11 employees out of work — because its owner can’t afford the higher labor costs. Ritu Shah Burnham says she tried layoffs, cutting hours, price hikes and not paying herself — to no avail.


And while small businesses have six years to phase in the wage hikes, she has only two, since she’s a franchise of a large chain.

The Times dismissed such concerns, saying minimum-wage hikes can be offset by higher prices and by “paying executives and shareholders less.” (anyone think they do that at their Slimy rag of a newspaper?)

ALL of it here:
Spilling the truth on the fight for a 15 minimum wage New York Post

If you're stupid enough to go to MacDonald's you're stupid enough to pay an extra 50 cents per trip.

The only thing is is that poor people that you like so much rely on companies like McDonald's to feed them. Yeah I know it sucks to be poor. Now do you still not give a shit if they have to pay 50 cents extra?

When beef prices skyrocketed, McDonalds had no problem raising their prices. Somehow, they remained in business
Yet, threaten to raise the price of labor and conservatives predict economic collapse

Huh?

dshort Advisor Perspectives

Since 1986, the price of a Big Mac has increased 185% from $1.60 to $4.56 today. During this same time period, the CPI has increased at a much lower rate of 110%.

You will find that very little of that price increase "trickled down" to the workers
You do know cooperate Mickey D`s only own 1O percent of it's stores the rest are own by folks you and me, hardly rich
minimum wages should be based on the cost of living.
Why? WHo gets a min wage job and expects to live on it?
Those who have no other choice because better jobs aren't available for them.
 
why not make the minimum wage $30 an hour?

I got a better idea. Let's go back to taxing the rich at 90%.

Waddaya crazy? You want to bring back the economic horrors of the '50s?
FYI, the 50's were the best economic time in America. Here's an even better idea....Tax all corporations at 90% until the national debt is paid off. It was the rich that created the debt....there's no poor in congress.

Better than Clinton's 90's and his lower tax rates?
 
Well?

SNIP:
Spilling the truth on the fight for a $15 minimum wage
By Post Editorial Board

May 25, 2015 | 5:22pm


Modal Trigger


fast_food_protests-copy.jpg

Protesters call for a $15-hour minimum wage in Times Square in April 2015.Photo: AP
Did The New York Times just inadvertently tell us what the real goal of the raise-the-minimum-wage campaign is?

A Times editorial last weekcheered Los Angeles’ enactment of a $15-an-hour minimum wage— but noted that restaurants, particularly fast-food joints, don’t like it. Said The Times: “The restaurant industry . . . will not go down without a fight.”

We didn’t think that bringing down an entire industry was what the campaign for a $15 minimum wassupposedto be about. Oops.

Back in March,we noted that a similar hikein Seattle’s minimum wage was leading to a spate of local restaurant closings, given that labor costs account for 36 percent of the average restaurant’s earnings.

Case in point: Z Pizza, which has to shut down — putting all 11 employees out of work — because its owner can’t afford the higher labor costs. Ritu Shah Burnham says she tried layoffs, cutting hours, price hikes and not paying herself — to no avail.


And while small businesses have six years to phase in the wage hikes, she has only two, since she’s a franchise of a large chain.

The Times dismissed such concerns, saying minimum-wage hikes can be offset by higher prices and by “paying executives and shareholders less.” (anyone think they do that at their Slimy rag of a newspaper?)

ALL of it here:
Spilling the truth on the fight for a 15 minimum wage New York Post

The only thing is is that poor people that you like so much rely on companies like McDonald's to feed them. Yeah I know it sucks to be poor. Now do you still not give a shit if they have to pay 50 cents extra?

When beef prices skyrocketed, McDonalds had no problem raising their prices. Somehow, they remained in business
Yet, threaten to raise the price of labor and conservatives predict economic collapse

Huh?

dshort Advisor Perspectives

Since 1986, the price of a Big Mac has increased 185% from $1.60 to $4.56 today. During this same time period, the CPI has increased at a much lower rate of 110%.

You will find that very little of that price increase "trickled down" to the workers
You do know cooperate Mickey D`s only own 1O percent of it's stores the rest are own by folks you and me, hardly rich
minimum wages should be based on the cost of living.
Why? WHo gets a min wage job and expects to live on it?
Those who have no other choice because better jobs aren't available for them.
why is not better jobs available?

Could it be that democrats ran them off? Or people shop at Wal-Mart for the best deals?

They are young and have great credit, if the jobs not there tell them to start their own business instead of wasting money on $100 dollar gym shoes or the latest smart phone
 
Better than Clinton's 90's and his lower tax rates?

Yes.

Most married women were stay-at-home Moms and all Dad needed was a job (pretty much any job) to provide for the family and have a piece of the "American Dream".
 
minimum wages should be based on the cost of living.
Why? WHo gets a min wage job and expects to live on it?

Someone who is one half of a couple who need two incomes to get by, for starters.

Some young person who is trying to save for college, for another.

Conservatives chant.... You are not expected to support yourself on minimum wage

But you can't even do the basic things in life to get started on a minimum wage anymore. Pay for college, buy a car, pay for a small apartment
Buying a car and paying for college are not "basics", Nutjobber. There's your problem right there.
 
why not make the minimum wage $30 an hour?

I got a better idea. Let's go back to taxing the rich at 90%.

Waddaya crazy? You want to bring back the economic horrors of the '50s?
FYI, the 50's were the best economic time in America. Here's an even better idea....Tax all corporations at 90% until the national debt is paid off. It was the rich that created the debt....there's no poor in congress.
I am confused why do you want us to bomb Germany and Japan in 2015 to bring us back to your utopia of the 1950s?
 
minimum wages should be based on the cost of living.
Why? WHo gets a min wage job and expects to live on it?

Someone who is one half of a couple who need two incomes to get by, for starters.

Some young person who is trying to save for college, for another.

Conservatives chant.... You are not expected to support yourself on minimum wage

But you can't even do the basic things in life to get started on a minimum wage anymore. Pay for college, buy a car, pay for a small apartment
Buying a car and paying for college are not "basics", Nutjobber. There's your problem right there.
It is if you want to compete...
 
You do know cooperate Mickey D`s only own 1O percent of it's stores the rest are own by folks you and me, hardly rich

What It Costs To Open A McDonald s - Business Insider

The average McDonald's restaurant generates $2.5 million in sales annually

Startup costs, which include construction and equipment expenses, average between $955,708 and $2.3 million, according to McDonald's. The total is determined by the geography and size of the restaurant, as well as by the selection of kitchen equipment, signage, style of decor, and landscaping, the company says.
Franchisees must pay 40% of the startup costs with cash and other non-borrowed resources, while the rest can be financed.
In addition to those costs, McDonald's charges a $45,000 franchisee fee and an ongoing monthly service fee equal to 4% of gross sales. Franchisees must also pay rent to the company, which is a percentage of monthly sales.


Read more: http://www.businessinsider.com/what-it-costs-to-open-a-mcdonalds-2014-11#ixzz3bFgk5eSS

Read more: http://www.businessinsider.com/what-it-costs-to-open-a-mcdonalds-2014-11#ixzz3bFgY2IlF
yea I know again hardly rich, it don't take much if you have great credit and a few mortgages on your house.

How many mansions you see in small towns that have a Mickey D`s across America?

Where is these secrete homes with a Lamborghini in the drive way?

You don't see their workers with those thing either. In fact, you will probably find them on welfare

Most people that work in McDonalds are teens working for spending money.

More Than a Quarter of Fast-Food Workers Are Raising a Child - The Atlantic

Only 30 percent are teens

A few interesting stats:
  • Almost 40 percent of fast food workers are 25 or older.
  • More than 30 percent have at least some college experience.
  • More than a quarter are parents.
That says precisely nothing.
Add in retirees just looking for something to do, empty nest moms wanting to earn some spending money and getting back into the work force, and the number of people with actual responsibilities working min wage jobs is close to nil. and add too the fact that they stay at min wage for about 9 months before getting raises and your "argument" appears pitifully flawed.
 

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