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

John Oliver breaks down income inequality...

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Originally posted by: chefantwon
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Originally posted by: forkushV
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Originally posted by: chefantwon
The whole thing comes down to this....

At some point it will come down to a matter of profits vs cost of staff. Higher wages means less profits and at some point staff will be reduced to get back to the margins that one needs to make...
Except in 1970, when the $10 inflation adjusted equivalent minimum wage didn't manage to sink McDonalds or the economy. Why was that? Any ideas?

For some reason Roulette Man took a pass on answering that question. How about you, chief?


Gee I don't know...
You should have stopped there Chef. Or just make that your sig line.

Answering a question with wimpy maybes and a link that doesn't support your maybe-assertions is just weak. McDonalds paid affordable wages in 1970 and apparently can't anymore. I've got data to prove that. Have you got data to explain it?
I don't give a shit about income inequality. Opportunity inequality, now that's something worth addressing if it happens.


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Originally posted by: pjstroh
John Oliver breaks down income inequality...

Video


Its obvious that some on this board believe the ditch digger should be paid as much as the brain surgeon.

"McDonalds paid affordable wages in 1970 "

The minimum wage in 1970 was $1.65 or $3,400 per year, no where near "affordable"
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Originally posted by: Boilerman
I don't give a shit about income inequality. Opportunity inequality, now that's something worth addressing if it happens.



Since when do you feel this way?

Programs have been created to give kids in the ghetto better opportunities to succeed....and you've historically railed against all of them.
"Programs have been created to give kids in the ghetto better opportunities to succeed"

In the 50 years since we started the war on poverty & after spending trillions of dollars the poverty rate is increasing
Please refresh my memory. I believe the best program for inner city kids is school. I've always argued FOR school vouchers so those who really wish to learn, can move out of terrible public schools.

Liberals seem to prefer that we trap the kids in these terrible schools, then reward failing schools with more money. Then when they fail again, reward these failing schools with more money, then when these schools fail again, reward them with more money, then when they fail again...................

Okay, now refresh my memory.


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Originally posted by: pjstroh
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Originally posted by: Boilerman
I don't give a shit about income inequality. Opportunity inequality, now that's something worth addressing if it happens.



Since when do you feel this way?

Programs have been created to give kids in the ghetto better opportunities to succeed....and you've historically railed against all of them.


Not so it all. I believe the ditch digger should be paid a wage that allows him or her to live a life free of government assistance not that he or she should be paid the same as a brain surgeon. $15 an hour is roughly $31k a year a brain surgeon I suspect makes 500k to upwards of a million. In other words I am asking them to be paid 6% of the wage of a brain surgeon on the bottom end of brain surgeons.

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Originally posted by: Roulette Man
Its obvious that some on this board believe the ditch digger should be paid as much as the brain surgeon.


I believe the it's the responsibility of every able bodied American to learn enough skills to earn a liveable wage.


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Originally posted by: malibber2
Not so it all. I believe the ditch digger should be paid a wage that allows him or her to live a life free of government assistance not that he or she should be paid the same as a brain surgeon. $15 an hour is roughly $31k a year a brain surgeon I suspect makes 500k to upwards of a million. In other words I am asking them to be paid 6% of the wage of a brain surgeon on the bottom end of brain surgeons.

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Originally posted by: Roulette Man
Its obvious that some on this board believe the ditch digger should be paid as much as the brain surgeon.



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