- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: $15 minimum wage directly contributing to fast-food industry's automation push
Posted on 6/8/21 at 1:09 pm to The Spleen
Posted on 6/8/21 at 1:09 pm to The Spleen
quote:
Wow, so a former CEO that raked in millions of dollars and likely got a golden parachute when he left the company blames potential automation on the company potentially having to pay its front line workers more.
Never saw that coming.
Because you don't understand any of this.
CEO pay isn't being bled from workers.
2
Posted on 6/8/21 at 1:10 pm to Smeg
quote:
Holy frick are you stupid.
If flipping burgers was a labor worth $15 / hour then companies would offer that wage regardless of government set minimum wages.
If you think "the market" dictates the price of anything in this country I don't know what to tell you.
It's like the simplistic reply of "it's just supply and demand"
Please tell me your experience in economics
Posted on 6/8/21 at 1:10 pm to The Spleen
quote:
Is there anything this group of people could do to satisfy you titans of capitalism so you don't have to pay $2 more for your Big Mac meal?
Besides taking personally accountability for the culture they create and live in? No, not really.
Posted on 6/8/21 at 1:12 pm to Bonkers119
quote:
Ah I forgot, we get to choose which ballsack we come out of.
Stupid people will continue to make stupid decisions as long as they are subsidized. Crackhead with no job and 6 kids? No problem: the government will pay for number 7 as well. There is no external force to punish this behavior. This must be addressed.
Posted on 6/8/21 at 1:12 pm to RogerTheShrubber
quote:
CEO pay isn't being bled from workers.
Not directly, but you're good with CEO's giving themselves hundreds of percent raises and bonuses?
It's capitalism blah blah blah
Im not advocating the government regulating it, but I don't see how you could argue (well you could because I said it and you're a fricking moron) that the growing CEO and general wealth disparity is a good thing for society as a whole.
Posted on 6/8/21 at 1:13 pm to Bonkers119
quote:
Ah I forgot, we get to choose which ballsack we come out of.
Ridiculous reply.
Dumb people think they're bound by their birth.
Posted on 6/8/21 at 1:13 pm to Mingo Was His NameO
quote:
Please tell me your experience in economics
I have a skillset beyond flipping burgers and therefore I command a salary far above minimum wage and my employer is happy to compensate me.
Posted on 6/8/21 at 1:14 pm to Smeg
quote:
Stupid people will continue to make stupid decisions as long as they are subsidized. Crackhead with no job and 6 kids? No problem: the government will pay for number 7 as well.
You're overstating this by magnitudes.
quote:
There is no external force to punish this behavior
Just put em in camps, that's the small government solution
Posted on 6/8/21 at 1:15 pm to Smeg
quote:
I have a skillset beyond flipping burgers and therefore I command a salary far above minimum wage and my employer is happy to compensate me.
So none, got it.
What minimum wage does to the demand curve of labor is 099 shite, but you don't understand it
Posted on 6/8/21 at 1:15 pm to Mingo Was His NameO
quote:
Just put em in camps, that's the small government solution
Actually, the small government solution is just to simply not subsidize this behavior. "You're on your own."
Posted on 6/8/21 at 1:16 pm to Smeg
quote:
Actually, the small government solution is just to simply not subsidize this behavior. "You're on your own."
Do you support Tops in Louisiana?
Posted on 6/8/21 at 1:17 pm to Smeg
quote:
Actually, the small government solution is just to simply not subsidize this behavior.
I'd be cool with that if we also stopped subsidizing CEO behavior.
Posted on 6/8/21 at 1:18 pm to Mingo Was His NameO
quote:
What minimum wage does to the demand curve of labor is 099 shite, but you don't understand it
If flipping burgers is a skill worth more than minimum wage, why don't the companies pay more than minimum wage to burger flippers?
My skill pays more than minimum wage, regardless if the minimum wage is $7/hour or $15/hour.
Posted on 6/8/21 at 1:19 pm to The Spleen
quote:
I'd be cool with that if we also stopped subsidizing CEO behavior.
This country and every first world country subsidizes all sorts of behavior. Grants, tax breaks, exemptions, etc, ect. He's not going to give back his child tax credit though
Posted on 6/8/21 at 1:19 pm to Mingo Was His NameO
quote:Fixed that for you.
All costs should rise
But you're probably the guy who'll say "sure, I'll gladly take an across-the-board increase in my costs because it helps the ~3% of American adults who make minimum wage."
To each according to their ability.
Posted on 6/8/21 at 1:20 pm to Mingo Was His NameO
quote:
CEO pay isn't being bled from workers.
--------------------------------------------------------------------------------
Not directly, but you're good with CEO's giving themselves hundreds of percent raises and bonuses?
Only an emotion wreck would assume CEO's are randomly giving themselves raises.
The board decides CEO compensation.
Posted on 6/8/21 at 1:21 pm to LSUwag
quote:
Now that I realize that they hate my guts and think that flipping burgers should support them for their life’s work, screw them.
fricking A, somehow it is our fault they are poor and have to work these jobs and we are "keeping them down".
They should have paid better attention in Algebra and all that.
Posted on 6/8/21 at 1:21 pm to Smeg
quote:
If flipping burgers is a skill worth more than minimum wage, why don't the companies pay more than minimum wage to burger flippers?
Most do, first of all
quote:
My skill pays more than minimum wage, regardless if the minimum wage is $7/hour or $15/hour.
What if raising minimum wage raised your wage and didn't have a material effect on 95% of the goods and services you bought?
Posted on 6/8/21 at 1:21 pm to The Spleen
quote:
I'd be cool with that if we also stopped subsidizing CEO behavior.
Where does CEO pay come from?
Posted on 6/8/21 at 1:22 pm to Smeg
quote:
f flipping burgers is a skill worth more than minimum wage, why don't the companies pay more than minimum wage to burger flippers?
They do already. The problem is our minimum wage hasn't increased since the 90's, and pay slightly above minimum has subsequently also stagnated while inflation has far outpaced it. I think $15 minimum wage is stupid for most parts of the country, but the minimum wage definitely needs to be higher than it is and should probably be indexed to COL for different areas.
Page 7 of 12
Popular
Back to top
Follow TigerDroppings for LSU Football News