This Is What Happens When You Demand $15 An Hour For Flipping Burgers

I had a guy come into KFC the other day and try to tell me that raising the minimum wage doesn't cause businesses to raise prices... he said studies had disproven it... and he was being serious.

People's mind's surely are corrupted by sin and their understanding is darkened.

 

I do not think that sin has any thing to do with it. Stupidity and a lack of knowledge about the fundamentals of economics is to blame.

 

Liberalism is to blame! Besides you can't completely take the human element out of it can you? Like who physicallymakes those hockey pucs that the kiosk sells....who loads thePoint of Sale device with change and maintains them? Huh!

 

Like I said, stupidity.

 

This works out great for guys like me who design the software and program the machines that do the work humans used to do.

Moral of the story. Get proactive, embrace the technology or be left on the side of the road weeping.

 

This really had less to do with $15/ hour, but rather rising costs period. This is not technology that just pops up overnight in response to folks asking for their hourly rates to be doubled.

This has been in development for a while as a way to streamline and reduce costs.

It allows for fewer folks up front and more in back preparing the food quicker so that more customers may be served more efficiently.

The workers are mostly being moved as opposed to terminated. If I'm gonna have to pay everybody else $15/hour any way, then I might as well increase productivity/customers served.

 

This hike has devastated the Seattle fast-food industry - wages are already more than a third of total operational costs.

STEM here, this IS the future of many service jobs no matter what happens to the minimum wage - robotics takes an enormous initial investment but there's no FICA, payroll taxes, health insurances costs, etc. forever.

 

Not just service jobs but manufacturing as well.

Automation is going to put a lot of people out of work. But it's also opening the door for a lot of new opportunities.

 

That guy is beyond the pale of logic. He must believe in a free lunch for everyone everyday.