You mean minimum wage hikes come out of *our* pockets?

[NC_Skins]

Originally Posted by Chico23231

https://www.yahoo.com/finance/news/f...182914617.html

fast-food-workers-becoming-obsolete

While the choice will be up to the franchisees, many will likely embrace the option as a way to save on labor costs. Wendy's President and CFO, Todd Penegor, acknowledged recent pressure on the labor market in a recent earnings call.

"We've been able to create some efficiencies on labor across the restaurant ... like customer self-order kiosks, mobile order, and mobile pay," Penegor said. Kiosks could possibly "mitigate any of the inflation" seen on the wage front for Wendy's, and could for other chains as well.

As the fight for a higher minimum wage continues, some argue that higher labor costs will force fast-food companies to cut staff.

Andy Puzder, the CEO of Carl's Jr. and Hardee's, is convinced. "If you're making labor more expensive, and automation less expensive — this is not rocket science," Puzder told Business Insider's Kate Taylor.


raise the minimum wage to unreasonable amount, then you get less jobs, less people work. don't complain

This is a bunch of bullshit spouted by corporate greedy assholes that want to enhance the stock of yet more rich people. They are sucking the tax payers dry by supplementing their salaries via the welfare program, all the while, they hoard off-shore cash stashes and line pockets of rich stock owners.


Automation is only used as an excuse for the demand for high wages. Here is the cold hard truth. Technology is eventually going to replace ANY and ALL positions that can be disposed of via a terminal/robot. We saw this in the auto industry, and many other manufacturing jobs where technology advanced production. Hell, you even see the food ordering terminals now in Wa-Wa or Sheetz stations. It's inevitable that McDonalds, BK, Wendy's, etc follow this trend and it has absolutely nothing to do whether that employee is asking for 15/hr or not. That job is going to be replaced sooner or later.



Let me show you something. If minimum wage had kept up with corporate profits, the minimum wage would probably be sitting at around $21/hr. Let that sink in.

Minimum Wage Would Be $21.72 If It Kept Pace With Increases In Productivity: Study


Middle class and poor people are being straight fucked by corporate greed and the oligarchs that rule this country.


More information on corporate profits compared to employee compensation.

Corporate Profit Margins vs. Wages in One Disturbing Chart | naked capitalism