Multi tasking, Henry. Multitasking. Ive been dealing with a millionaire man-child and his issues with this damn electric trading the whole time.

Agreed and I just wanna reiterate that because I can see how some of my posts may have led people to believe otherwise

Fast food worker protests all over the country today.

What does that solve? Raising the minimum wage will likely cause more problems. Most of the jobs I had as a kid (I've been working since I was 11) I couldn't have gotten if minimum wage was $12. It wasn't worth paying me that much. Young Nas would have probably turned to a life of crime without those opportunities.

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Be well

GO BEARS!!!

The system is in place and isn't going away so there is no sense arguing about the system itself.

I think setting it at $15, even in 5 years, is too high. In truth, that might be even worse for the workers since it gives employers time to figure out how to make their systems more efficient to eliminate workers in the future.

A move that large makes the cost/benefit analysis drastically different and would likely result in buy/make decisions or automation capital expenditure decisions that value the buy or automate side of the equation far more than they currently do.

But, I could be wrong. It's happened before.

I liked Mike Harkey.

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You know me like that.

I think that's been covered. People would have more money. There would be a more even split of money than there is now, imo


That doesnt really make sense to me, maybe im missing something.

The minimum is the minimum. Whatever young Nas made has to be adjusted for inflation.

If the wage to cost ratio is the same as it was when you were young, what's the problem?

What are the other problems youre thinking of?

Ok, so basically you're saying that the minimum cant and wont ever match up with inflation and that ship has permanently sailed?

I would be of that opinion also, got side tracked and forgot to make that point.

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You underestimate both the need to please shareholders and the motivation of employees faced with losing their job OR doubling their salary.

This is the best point against it. I'm just not sure if companies haven't already reached the point where they value labor so little that they aren't looking to automate everything. I mean, $15 an hour is more expensive than $0, but so is $8 an hour. It's actually pretty amazing just how micromanaged these jobs are. To me, it looks like 75% of the tasks of the restaurant are now either done by the push of a button or outsourced/automated. Just wait until we are ordering to kiosks or even putting in our orders on our phones.

In other words, I think most of these businesses are now going with the idea that it will always be cheaper to automate rather than pay a person and are working towards a future where fast food restaurants are basically full size versions of vending machines.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

No. Shareholders demand right now that the company uses the minimum amount of employees possible. $15 an hour is expensive. $8 an hour is expensive too.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

I find it odd that you're agreeing with Dr Ken and disagreeing with me when we're saying the same thing.

You aren't saying the same thing. You seem to believe that McDonalds could cut its labor force in half right now and still make the same amount of revenue. If they could do that, they would do it because it would make them more money.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

No, that's not what i'm saying

That would basically be the point at which it's time to consider more aggressive methods of negotiation.

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Power is always in the hands of the masses of men. What oppresses the masses is their own ignorance, their own short-sighted selfishness.
- Henry George

Why do we continue to say McDonalds?

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You are saying that if the minimum wage was raised to $15 an hour that they would cut their labor force in half. Why not do that now?

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

They are just a good example.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

Likely the cost benefit isnt there yet.

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Because they don't have to.

Because they don't have to.[/quote]

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This guy gets it.

Do you realize how much money they would save with 50% less employees? You were saying the shareholders would demand it at $15 an hour. They also would demand it at $8.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

this guy doesn't get it

No because there are sacrifices in service/employee retention that are in play at $15 vs $8.

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I'm a little confused by your comparison of a rate of change calculation to a static number.

If you are saying that it has not changed at the same rate as inflation, you are assuming there was some optimal arbitrary number chosen in the past which, if it had maintained a rate that increased at the same rate of inflation, would still be optimal today.

I'm stating that there's no way to know what that number truly should be because it doesn't really exist.

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You know me like that.

I love how this has turned into a generally well intentioned debate over seven pages.

At the same time a 30 second SB commercial costs $4MM, there's a local family that produces nothing but continues to idly live off of marketing the sweat of the venerated Papa Bear (who's been dead for three decades), the LA Dodgers make $200MM per year on local broadcasting(advertising) and simple product placement in brings in $100s of millions (billions?).

Yeah, its the minimum wage workers that are the problem. NOT the corporate waste and hundreds of billions in advertising (that creates nothing tangible).

The Kardashians would agree.

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There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.

I dont think anyone is against the workers here or think that they are the problem. We all think the corporations are the problem. RPB and Rick think that they will just say "Aw shucks. Time to cut our profits and pay people more" I think that they will raise prices for everyone and continue to rake in profits and purchase stupid commercial time for the SuperBowl.

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That's the thing though. You are now putting in things that hurt the business. WestmontMike seems to be saying that they would just say "It's now $15, fire half the employees!" like it would not have major repercussions.

I can promise you that if they could function with 50% of the workforce, they would be getting rid of most of those people at any price.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

So would the Little League World Series and what has made it as big as it has become, correct?

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