I just don't see this fast food worker being worth $15/hr(non-Vegas)

Nothing will change as the floor is now $15. People who are at $15/hr will now be paid $23, those at $23 will be getting around $30. There will be overall wage inflation & the result will be is that the prices for all products that they buy will have gone up in price.

Companies in order to be be competitive will move their jobs outside Seattle. Other companies will find it cheaper to automate.

In the end there will be less jobs & more people on the dole

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Originally posted by: drmilled
BobOrme- You are spot on with your comments. The idiots who decided that raising the minimum wage to $15 have no clue as to the effect it will have on small businesses and local economies.
True. Washington's employment rate smoked almost every other state by improving 2.1% through the first five months of this year.

Correlation does not equal causation, but the people who claim that higher minimum wages hurt the economy are unlikely to post any actual data supporting that canard.
Unemploment rates are down due to a lower workforce participation rate. In addition all the job growth is coming from part time jobs as those jobs exceed the number of jobs created, which means full time employment is decreasing
Let's take a fast food place.

Hamburgers have hardly any mark up. Soft drinks and fries are the items that receive a larger mark up. To increase the minimum wage that much and to keep the same number of employees on is going to force the cost of fast food to increase drastically.

Fast food is not gourmet food, it is fast and cheap. Many poor people actually for better or worse eat at fast food places as their means of eating very day because it is cheaper than buying groceries. The places with dollar menus are especially popular.

Something will have to drastically give if their is this kind of increase.

Fast food restaurants should not be a career. They should be a job for people going to school, who then move on.

Gosh, I am in tears right now crying for the Walton family and Mc Donalds they are the real victims here lets not forget that.
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Originally posted by: malibber2
Gosh, I am in tears right now crying for the Walton family and Mc Donalds they are the real victims here lets not forget that.

I don't think you know how much a McDonalds franchise owner nets or you wouldn't be using such sarcasm. While they are not starving it isn't nearly as much as you think.

Most franchises are set up to primarily benefit the corporation selling the franchise not the franchisee. So yes I know the numbers, but what I'd suggest is maybe the Franchisor should give up a little bit of their share so their franchisees could pay a living wage.
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Originally posted by: Roulette Man
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Originally posted by: malibber2
Gosh, I am in tears right now crying for the Walton family and Mc Donalds they are the real victims here lets not forget that.

I don't think you know how much a McDonalds franchise owner nets or you wouldn't be using such sarcasm. While they are not starving it isn't nearly as much as you think.


Franchisers were paying an inflation adjusted $10/hour for their help in 1970..and that was with less technology and less productivity (in other words - more workers required to operate the store). Yet somehow they seemed to make it...and their employees didn't need to apply for food stamps.
Minimum wage is a government program. Government tells companies that they have two options:

1. Close up shop.
2. Pay $15

Government, get the hell out of the way.


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Originally posted by: malibber2
Great news a higher minimum wage means fewer people on the government programs so many of you profess to hate. There is also the larger economic picture to look at and that is people with disposable income tend to stimulate the economy by spending their money. The future is a Mc Job for many of you. If not yourself your kids or grand-kids will end up working this type of job because that is all there will be for them to work. You would be surprised how many of those fast food workers and retail workers have a college degree.


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Originally posted by: pjstroh
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Originally posted by: Roulette Man
Quote

Originally posted by: malibber2
Gosh, I am in tears right now crying for the Walton family and Mc Donalds they are the real victims here lets not forget that.

I don't think you know how much a McDonalds franchise owner nets or you wouldn't be using such sarcasm. While they are not starving it isn't nearly as much as you think.


Franchisers were paying an inflation adjusted $10/hour for their help in 1970..and that was with less technology and less productivity (in other words - more workers required to operate the store). Yet somehow they seemed to make it...and their employees didn't need to apply for food stamps.


They either have to lay people off or raise prices or do a combination of the two. As I stated earlier, a job at McDonalds should not be a career unless you have moved into management.
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