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05-16-2013
That's the future of McDonalds if they keep pushing up the minimum wage. How much can you really afford to pay the kid making your $1 cheeseburgers?
I did too, when I was a kid (which is when you're supposed to work a job like that). I KNOW that throwing more money into the economy is going to lower the value of every single dollar that exists (because it's incredibly simple economics). If you paid every Walmart dipshit $50,000 a year he's going to end up with the same exact buying power he has right now once inflation kicks in and the economy corrects itself. "Raise the wages!" is stupid idealistic nonsense that people with no concept of reality like to go on the internet and yell, it's not going to fix anything and in fact will create its own set of problems.
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05-16-2013
do you know how many $1 dollar cheesburgers one worker can pump out an hour? A lot more than 7 and a half. If you do the math and factor in the shipping costs, the cost of the food, etc.. that cook making 7 dollars an hour made that much in pure profit for the company within the first 10 minutes of that hour.
"Throwing more money into the economy" via raising hourly wages doesn't raise the price of everything else, that is a misunderstanding of economics. Raising hourly wages just means there is less money flowing into a giant corporate bank account and more money flowing into the pockets of consumers, who in turn stimulate the economy.
Sure, mcdonalds wont be making as much money off each burger, but people will be buying more of them. Get it?Last edited by Plug Drugs; 05-16-2013 at 04:53 PM.
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05-16-2013
a healthy economy happens when most of the wealth returns to the workers, and the bosses enjoy a life of only semi-luxury.
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