Fast food CEO: Minimum wage hikes closing locations

[sadclownwp]

I seriously can't believe what I am reading in this thread. Some of these ideals are down right socialist. If an employee is not happy with his current pay, they are free to find something that pays better. If they think they deserve more, they are free to schedule a meeting with there boss and demand more money and accept whatever may come from that. It is all freedom. That is the great thing about it, we have the freedom to refuse the amount of money we are paid and find something else that pays more. Now, I know some people are to lazy to use their freedoms to the fullest extent of them, and they just think more regulation in their favor is the answer, it is not. Supply and Demand is the answer. The road is tough, suck it up, and be a man. Some will bask in glory, some will be shattered on the rocks never financially able to rise again, but you do have the freedom to try. Thanks to Kickstarter it has never been easier to get free money for something, in return for a small return upon investment. Why more people don't use their freedoms and try is beyond me.

 

[MisterChester]

I seriously can't believe what I am reading in this thread. Some of these ideals are down right socialist. If an employee is not happy with his current pay, they are free to find something that pays better. If they think they deserve more, they are free to schedule a meeting with there boss and demand more money and accept whatever may come from that. It is all freedom. That is the great thing about it, we have the freedom to refuse the amount of money we are paid and find something else that pays more. Now, I know some people are to lazy to use their freedoms to the fullest extent of them, and they just think more regulation in their favor is the answer, it is not. Supply and Demand is the answer. The road is tough, suck it up, and be a man. Some will bask in glory, some will be shattered on the rocks never financially able to rise again, but you do have the freedom to try. Thanks to Kickstarter it has never been easier to get free money for something, in return for a small return upon investment. Why more people don't use their freedoms and try is beyond me.

I agree with what you say. The real problem is current economic conditions. Too many people are unemployed or underemployed and can search for another job like their life depended on it to no avail. Is it their fault? Not totally I think. You're right, supply and demand is the answer, but when the labor supply is greater than the demand then their freedoms are severely weakened.

 

[Vigilant]

I agree with what you say. The real problem is current economic conditions. Too many people are unemployed or underemployed and can search for another job like their life depended on it to no avail. Is it their fault? Not totally I think. You're right, supply and demand is the answer, but when the labor supply is greater than the demand then their freedoms are severely weakened.

It still doesn't make a job worth more than it is!

 

[Indynic]

It still doesn't make a job worth more than it is!

It does the exact opposite. It makes many jobs pay less than they are worth!

 

[sadclownwp]

I agree with what you say. The real problem is current economic conditions. Too many people are unemployed or underemployed and can search for another job like their life depended on it to no avail. Is it their fault? Not totally I think. You're right, supply and demand is the answer, but when the labor supply is greater than the demand then their freedoms are severely weakened.

In a perfect world this would actually be taken care of, unfortunately the .gov feeds the people who don't have a job, which creates the excess of workers. Which is why we need to get rid of welfare, and unemplyment. Make people shoulder there responsibility to take care of themselves. Those who do not know how to save for a rainy day should be allowed to starve to death.

There is no such thing as underemployed. That is nothing but a politician buzz term. Underemployed makes people think they could do a job if only it were available. Well I could fly if I had the proper wings too. The reality is you can't be underemployed for a job that does not currently exist, you can only be employed or unemployed for a job that already exists. If the job that you are "underemployed" for doesn't currently exist, do what people did in the past, go make it, or go convince someone they need it. How do you think the IT industry got started, people convinced companies they needed them. People have just become lazy and think their only option is to find something instead of create something.

 

[rugertoter]

Man, I need to go to flipping burgers for a career. As a machinist, I have to do all sorts of things that can result in a scrap part, then get drug over the coals for it...how the hell does one scrap out a burger? I'm in the wrong job.

 

[poptab]

Man, I need to go to flipping burgers for a career. As a machinist, I have to do all sorts of things that can result in a scrap part, then get drug over the coals for it...how the hell does one scrap out a burger? I'm in the wrong job.

Trust me somehow they manage to screw it up.

 

[DocJekyll]

Well there goes all the jobs. :/ It was hard enough being a college student to find a nice little summer job. At least here things are remaining somewhat the same so far. For some reason I keep looking back to The Empire Strikes Back when I see Obama and all of his cronies.

"I have altered the deal, pray I do not alter it further."

 

[BehindBlueI's]

In a perfect world this would actually be taken care of, unfortunately the .gov feeds the people who don't have a job, which creates the excess of workers. Which is why we need to get rid of welfare, and unemplyment. Make people shoulder there responsibility to take care of themselves. Those who do not know how to save for a rainy day should be allowed to starve to death.

Well, that's one answer. Simply kill off excess workers until wages rise. Odd that this message fails to resonate with more people.

 

[level.eleven]

I seriously can't believe what I am reading in this thread. Some of these ideals are down right socialist. If an employee is not happy with his current pay, they are free to find something that pays better. If they think they deserve more, they are free to schedule a meeting with there boss and demand more money and accept whatever may come from that. It is all freedom. That is the great thing about it, we have the freedom to refuse the amount of money we are paid and find something else that pays more. Now, I know some people are to lazy to use their freedoms to the fullest extent of them, and they just think more regulation in their favor is the answer, it is not. Supply and Demand is the answer. The road is tough, suck it up, and be a man. Some will bask in glory, some will be shattered on the rocks never financially able to rise again, but you do have the freedom to try. Thanks to Kickstarter it has never been easier to get free money for something, in return for a small return upon investment. Why more people don't use their freedoms and try is beyond me.

I seriously can't believe what I am reading either. So many folks suckered into Econ 101. Simple, supply/demand graphs. Others live in fantasy land, a.k.a. Austria. It is also sad that folks haven't come to grips with the fact that politics and economics go hand in hand.

 

[sadclownwp]

Well, that's one answer. Simply kill off excess workers until wages rise. Odd that this message fails to resonate with more people.

I didn't say anything about killing them, I just said don't help them, let them help themselves or suffer the concequences.

 

[poptab]

I seriously can't believe what I am reading either. So many folks suckered into Econ 101. Simple, supply/demand graphs. Others live in fantasy land, a.k.a. Austria. It is also sad that folks haven't come to grips with the fact that politics and economics go hand in hand.

Please give us the answer oh mighty level.eleven.

 

[poptab]

Well, that's one answer. Simply kill off excess workers until wages rise. Odd that this message fails to resonate with more people.

Well there was a big economic boom after ww2 maybe we should kill a bunch of people off and bomb the **** out of Europe again. Maybe then the favor of the Econ gods will return.

 

[BogWalker]

Bringing manufacturing back from China would certainly contribute highly to taking up excess labor, but how this could be done is anyone's guess.

From what I know of local factories, it is decent, honest work that pays good wages.

 

[sadclownwp]

Bringing manufacturing back from China would certainly contribute highly to taking up excess labor, but how this could be done is anyone's guess.

From what I know of local factories, it is decent, honest work that pays good wages.

It would be super easy, the American people would just have to be willing to pay 4 or 5 times more for the product being manufactured. Or you could ask the government to install a 500% import tax, that would also work.

 

[Lex Concord]

Please give us the answer oh mighty level.eleven.

 

[BogWalker]

It would be super easy, the American people would just have to be willing to pay 4 or 5 times more for the product being manufactured. Or you could ask the government to install a 500% import tax, that would also work.

Heck, for many products paying four times the price you'd still save money by not having to pay to replace the item a dozen times a year. There's much to be said about buying quality goods.

I also wonder if it would raise costs all that much. This isn't an American example, but I find it to be pertinent. I wear Doctor Martens boots. Let's take a look at their model 1490, a basic 10 eyelet boot. The UK made examples, much higher in quality and will last several more years than the Asian produced variants, are a whopping $80 more expensive. While that may be substantial to some people, the fact they will last two or three times longer than the best of the Asian produced variants saves you money in the long run.

Let's take a look at Solovair boots. Their entire line is 100% made in the UK. They meet nearly the exact price point of the UK Doctor Martens and have just as high a quality.

I'm not buying that domestic production equals exorbitantly expensive.

Wasn't but a few decades ago most everything was made in America, and yet they still managed to meet competitive price points.

 

[BehindBlueI's]

I didn't say anything about killing them, I just said don't help them, let them help themselves or suffer the concequences.

Well, if the problem is those programs have created excess workers, might as well just kill them instead of waiting for them to starve on their own, right? The rest of us would benefit from that reduction in excess labor. Econ 101, as has been quoted on this thread by folks who apparently think that's where experts in economics are made, reduce the supply and demand would go up.

If you don't contribute economically, just have the courtesy to die. Get laid off and then diagnosed with cancer? Weren't able to save up enough money for chemo, and now that you're out of a job you don't have any insurance? Ah well, you're useless to the market now, please die. K, thanks.

It would be super easy, the American people would just have to be willing to pay 4 or 5 times more for the product being manufactured. Or you could ask the government to install a 500% import tax, that would also work.

Source?

Do domestically produce cars cost 4 or 5 times the cost of comparable foreign cars? New Balance shoes 4 or 5 times the cost of Nike? Did Levis drop their prices 4 or 5 times when they moved production overseas? Is Mexican sourced produce 4 or 5 times cheaper than California sourced produce?

 

[BehindBlueI's]

Bringing manufacturing back from China would certainly contribute highly to taking up excess labor, but how this could be done is anyone's guess.

From what I know of local factories, it is decent, honest work that pays good wages.

Fracking. Manufacturing has been coming back to the US since the natural gas boom lowered energy costs dramatically. Wages are part of the reason to outsource, but dramatically reduced energy costs were also a leading cause. Tax benefits, apparently, played a role as well, but I don't know enough about that aspect to speak intelligently about it.

 

[sadclownwp]

Well, if the problem is those programs have created excess workers, might as well just kill them instead of waiting for them to starve on their own, right? The rest of us would benefit from that reduction in excess labor. Econ 101, as has been quoted on this thread by folks who apparently think that's where experts in economics are made, reduce the supply and demand would go up.

If you don't contribute economically, just have the courtesy to die. Get laid off and then diagnosed with cancer? Weren't able to save up enough money for chemo, and now that you're out of a job you don't have any insurance? Ah well, you're useless to the market now, please die. K, thanks.



Source?

Do domestically produce cars cost 4 or 5 times the cost of comparable foreign cars? New Balance shoes 4 or 5 times the cost of Nike? Did Levis drop their prices 4 or 5 times when they moved production overseas? Is Mexican sourced produce 4 or 5 times cheaper than California sourced produce?

Once a produce is produced in America, it does not get cheaper once it gets made somewhere else, the company just gets more money from it. But take a product made in another country already and start making in America, and it does get more expensive. Source, some of the Gerber family of knives that are coming back to American production, they are going to cost more, says the Gerber rep. That is just the way things go.