Seattle's $15/hr is great if you work in the automation industy or have a Mom and Pop fast food business, a restaurant, for example. The Franchise industry will be taking a huge hit as businesses eliminate unnecessary costs.
Seattle's $15/hr is great if you work in the automation industy or have a Mom and Pop fast food business, a restaurant, for example. The Franchise industry will be taking a huge hit as businesses eliminate unnecessary costs.
Why stop at $15. Why not $50 per hour? Or $100? Dont they care about working people?
it means a lot of businesses are not going to get created there.
They'll just hire less people and work them harder, unemmployement will rise.
Well, it goes fully into effect in 7 years.
Inflation will eat into that a bit.
The franchises will have to make a decision whether to give up income and market share for the sake of maintaining profit margins.
Liberals hate poor people. By making low paying jobs illegal, poor people will have to leave Seattle in order to earn a living.
Seattle for the rich.
Poor people will not have to leave the city for low paying jobs.
Businesses that need the work done may just pay the new minimum.
Or, they may pay them under the table, which will be more since there will be no payroll or income taxes deducted.
Do you think McDonald's is going to leave town?
It looks like Walmart is not in Seattle and I don't expect them to set up shop now.
Walmart recently moved into DC after the mayor (Vincent Gray) agreed to veto a bill raising the DC minimum wage to $12.50.
But Gray has since been voted out of office and we will see what happens to the wage bill and Walmart's reaction.
I know it all, YOU don't wrote:
The Franchise industry will be taking a huge hit as businesses eliminate unnecessary costs.
So before this law, those businesses were not trying to maximize profits by eliminating unnecessary costs? They were employing people out of some sort of benevolence?
dude, really? wrote:
They'll just hire less people and work them harder, unemmployement will rise.
Because that would never have happened before this law.
genuine random a hole wrote:
I know it all, YOU don't wrote:The Franchise industry will be taking a huge hit as businesses eliminate unnecessary costs.
So before this law, those businesses were not trying to maximize profits by eliminating unnecessary costs? They were employing people out of some sort of benevolence?
Bingo.
genuine random a hole wrote:
I know it all, YOU don't wrote:The Franchise industry will be taking a huge hit as businesses eliminate unnecessary costs.
So before this law, those businesses were not trying to maximize profits by eliminating unnecessary costs? They were employing people out of some sort of benevolence?
They were, but now the cost to automate has become cheaper RELATIVE to keeping a worker. THAT is the key "relative costs."
There was a time checkout clerks at grocery store would have been thought to be essential. Now most of the gorcery stores in my area are nearly all automated with just a few humans doing the work.
McDonalds is experimenting with screens in which the customer simply touches the items he wants and then pys with a debit card - eliminating the need for a worker. This technology is what the worker is competing against. At low wages, the technology is too expensive. When the wages of the worker rise beyond a certain point, the technology becomes a bargain.
dude, really? wrote:
They'll just hire less people and work them harder, unemmployement will rise.
Here's the thing. They've already been doing this. For years. They've already cut labor to the bone. You can't run a Wal Mart with only one person, if you could they'd be doing it already.
The automation argument is the same. As soon as that technology is available we'll go that route, but we're not there yet.
Libtards don't understand business decisions based on financials. Only if something is fair or not.
The fast food industry will now have a compelling event to switch over to automation. Applebees has the touch screens at the tables now. (No, I am not from Ohio and went to Applebees for a big night out. ) You don't think they are looking for ways to reduce servers?
I know it all, YOU don't wrote:
Seattle's $15/hr is great if you work in the automation industy or have a Mom and Pop fast food business, a restaurant, for example. The Franchise industry will be taking a huge hit as businesses eliminate unnecessary costs.
Business will automate processes and work to reduce labor costs by eliminating employees. Any worker who does not merit $15 an hour in productivity will be immediately terminated. The workers in Seattle are about to discover that the actual minimum wage is zero.
Wasn't it McDonalds that was working on out sourcing the order taking at the drive thru. The person that took your order at the drive thru didn't work in the restraunt but at some service center centrally located, perhaps in India.
Not sure if they ever followed through with that but I bet they start taking a closer look now.
Capitalism is a cruel master. I should say fake capitalism, oligarchy is a more apt term for what our economic reality has become. Rooted in greed and "more for me" we have witnessed the unfolding of a machine aimed to provide more for those in power. That means less to those without power i.e. the lower and middle class. It is funny to hear the fake capitalists fortell of machines replacing workers because of higher miniumum wage. Truth be told it has been happening just as fast as possible. Workers are viewed as machines by the power holders.
How many minimum wage running shoe workers oppose raising the minimum wage? Selling shoes is tough work, really.
Try living on 8 an hour...most low wage folks have to bust their ass. Ahhh the struggle of a Gates or Romney...the universe will correct this imbalance in time or not.
NOT! Big business has been cutting for years. If an employee loses there job they really haven't lost much to begin with. We'll just be supporting them a little more. But, afford them a living wage, potentially getting off of food stamps and other subsidies, priceless.
In a recent Seattle NPR special about the raise in Min Wage they profiled multiple business owners. I was amazed at how out of touch people had become. One of the owners profiled was talking about putting her plans to open a toy store in Seattle on the back burner due to high labor cost. She consistently pointed out if the store was to open she would hire 4-6 people at min wage $9.32 but unable to open at $15 an hour.
If someone can please explain what her business contributes to the economy. What I will see is 4-6 people not making enough money to support themselves thus receiving government benefits. Her toys are most likely made in a foreign country (China). So production doesn't add any benefit. As I see it taxes may be the only thing she contributes to the economy that will benefit the USA locally and Nationally.
Also for all the people claiming our economy is going to crash and all business are going to leave. Take a look at Australia, unemployment lower then ours, less national debt per capita, better standard of living based on OECD "Better Life Index".
Last before you go spewing crap about inflation of the dollar, please study a bit of economics. We are talking about a municipality raising the min wage not the nation.
Sure the city of Seattle will be come slightly more expensive but not enough to effect the region significantly. Consumers will naturally take their money where it goes the furthest. Thus leading to prices being consistent throughout the sound. Which in turn leads to exactly what Seattle wants more money in the workers pocket less in the owners.
A person making minimum wage should be a high school/college student who has minimal expenses - lives at home or has roommates to share costs, generally young and in good health, etc. Minimum wage jobs are supposed to be entry level positions.
By the way, "selling shoes is tough work" - now that remark is funny. Any moron can sell shoes.
As far as the struggle of Gates or Romney - both men worked hard, created a product or service people wanted, and have had financial success. Quit being jealous of other people's success. If their accomplishments are so easy, do it yourself.
Why will this impact "the franchise industry" differently than it will impact other types of chains?