Fast-Food Workers Strike, Protest For Higher Pay

UncleBuck

UncleBuck

Well-Known Member
Dr Kynes said:
if your fertilizer costs, and water and electrical rates all doubled, would your dope still cost the same when you sold it? of course not. those higher costs would be passed on to the buyer.
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you're not being accurate here in any way, you're not even including an increase in wages for fuck sake.

if i have to pay 1000 workers $5 an hour more to trim for me, they all have more money in their pocket. so do the stoners delivering pizzas and flipping burgers. more people are gonna have more money to buy more of my weed. i will sell more units of weed at a slightly smaller margin and come out with the same overall profit.

abandon explained this very, very simple concept.

hence why from 2006 to 2009, wages went up by 40%, yet the price of their product only went up 15%, slightly above the official inflation number which does not include most of what it takes to run a fast food franchise.

now that the right wing logic is being methodically destroyed, i expect the chants of class warfare to begin shortly.
 
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beenthere

New Member
UncleBuck said:
a big mac in 2006 cost $3.10.
a big mac in 2009 cost $3.57.

http://blog.cwpub.com/post/5179859473/big-mac-inflation

that's a 15% increase (3.10 x 1.15 = 3.57)

min wage in 2006 was $5.15.
min wage in 2009 was $7.25.

http://www.infoplease.com/ipa/A0774473.html

that's a 41% increase (5.15. x 1.41 = 7.25)

does simple, basic math make you feel retarded or what?
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buckie, while the minimum wage went up, the US median household income fell.

The majority of working Americans are not getting minimum wage, their incomes have fallen to the lowest levels since 1995.
 
UncleBuck

UncleBuck

Well-Known Member
beenthere said:
buckie, while the minimum wage went up, the US median household income fell.

The majority of working Americans are not getting minimum wage, their incomes have fallen to the lowest levels since 1995.
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i don't need you to change the subject, i just need you to make me some fucking pancakes and fellate my gorgeous erection.
 
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beenthere

New Member
see4 said:
If he is a one man operation, maybe. If he employs 80,000 across all 7 continents, probably not. Especially if he has cash holdings in excess of $100,000,000.

I do see your concern at the small business level, and with that, I argue providing tax incentives to small business owners and/or other forms of incentives.
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The majority of fast food restaurants are privately owned franchises.
You're talking about corporate, they have nothing to do with the day to day operations or the individual payroll of each restaurant.
 
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NoDrama

Well-Known Member
UncleBuck said:
2000: federal minimum wage is $5.15
2010: federal minimum wage is $7.25

that is an increase in the minimum wage of 140%.

did the big mac go up in price by 140% as well? adjusted for inflation, nope. it went up 126%.
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UncleBuck said:
5.15 x 1.4 = 7.25

610 - 500 = ?
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UncleBuck said:
min wage in 2006 was $5.15.
min wage in 2009 was $7.25.

http://www.infoplease.com/ipa/A0774473.html

that's a 41% increase (5.15. x 1.41 = 7.25)

does simple, basic math make you feel retarded or what?
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Whats up retard?
 
abandonconflict

abandonconflict

Well-Known Member
UncleBuck said:
you're not being accurate here in any way, you're not even including an increase in wages for fuck sake.

if i have to pay 1000 workers $5 an hour more to trim for me, they all have more money in their pocket. so do the stoners delivering pizzas and flipping burgers. more people are gonna have more money to buy more of my weed. i will sell more units of weed at a slightly smaller margin and come out with the same overall profit.

abandon explained this very, very simple concept.

hence why from 2006 to 2009, wages went up by 40%, yet the price of their product only went up 15%, slightly above the official inflation number which does not include most of what it takes to run a fast food franchise.

now that the right wing logic is being methodically destroyed, i expect the chants of class warfare to begin shortly.
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I can add to this an intangible and likely impossible to measure factor. Happier workers produce higher quality.
 
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beenthere

New Member
abandonconflict said:
Furthermore, if the lowest paid workers were making a living wage they would require far less from welfare systems.
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If the lowest paid workers were kids getting into the workforce and the rest of the workers went on to develop a trade or get a degree, we would probably do away with welfare as we know it.
 
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NoDrama

Well-Known Member
beenthere said:
.
If the lowest paid workers were kids getting into the workforce and the rest of the workers went on to develop a trade or get a degree, we would probably do away with welfare as we know it.
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I love old people working at the fast food joints, they can't get any yield on the retirement savings so have to go back to work to make ends meet. Teens get screwed.
 
UncleBuck

UncleBuck

Well-Known Member
abandonconflict said:
I think a big mac might be better if the burger flipper isn't stressed about making ends meet.
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to be honest, i'm more worried about how the cow gets abused throughout his life more than the guy flipping the end result of a life full of stress, growth hormones, antibiotics, wading through ankle deep shit, and feed incompatible with natural diet.
 
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beenthere

New Member
UncleBuck said:
then why did you try to change the subject to median wages, nigga?
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When median wages go down or become stagnate, and the price of goods and services go up, we have inflation.
The dollars buying power is diminished, so if businesses ignored this and the price of goods kept going up, then it's inevitable that the demand will go down.
 
UncleBuck

UncleBuck

Well-Known Member
beenthere said:
When median wages go down or become stagnate, and the price of goods and services go up, we have inflation.
The dollars buying power is diminished, so if businesses ignored this and the price of goods kept going up, then it's inevitable that the demand will go down.
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somewhat closer to a factual statement, but still riddled with errors and an attempt to change the subject from what we were talking about.
 
heckler73

heckler73

Well-Known Member
Dr Kynes said:
i know a few burger franchisees, they pay more for labour than any other capital outlay. doubling their labour costs would slice their already thin margins to the bone, and in some regions, would drive them out of business.

McBurgers on the corner is NOT the McBurger Corporation Wall Street Ticker Symbol.

the franchisee doesnt have those kinds of margins, and cannot afford the doubling of their largest cost.
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Ya know what? You're actually right about that.
The way I looked at it, I'm just hitting the corporation with a "tax" that hits the shareholders by hammering the stock price once. From there, NPVs will be adjusted and they'll just carry-on.
But in consideration of the fact ~80% IIRC of the stores are franchised, and that McD's is probably not going to let their royalty fee (4% of gross sales?) get hit, the burden will be on those franchisees with their ~$288k/yr salaries (McD's uses a higher number ~$320k)

The only number I could find that was quickly accessible from the franchisee's standpoint is a 6% profit margin on cheap burgers (the real profit comes from fries and pop).
And it would appear they are becoming increasingly pissed with McD's promotions which squeeze the margins ever tighter.

Unless I can get my hands on their FDD (I'm not paying $100+ to find out), I guess we'll just sit here in speculation...for now.
 
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