Press X to doubt.
Exactly, they shure as shit don’t have a problem giving their “food” away now. The truth is most likely that telling their investors that they won’t make so much money will be a devastating financial blow.
In our local fast foods most places are already advertising at least $19 hour for new hires. Is also over $20 for a kids meal and one adult meal “deal”, which takes less than 5-6 minutes to sell me.
They’re raking it in.
I mean, my kid worked at a McD and got so much free food and not the stuff they are about to throw, but he would straight up make himself a quarter pounder combo, and then make me one fresh for free as many times as he wanted. He even would stop by on his off days, walk in and cook himself something and they didn’t care because of how much money they brought in. It was stupid and they should definitely raise the salaries of their employees instead of just showering them with free McD food.
Sounds like McDonald’s can’t afford to do business. I guess the free market will have them close.
The group said the costs “simply cannot be absorbed by the business model.”
They can do business, just not be as profitable if they can’t pay slave wages. The problem here is in the quote… they don’t want to change the model where the franchisee’s earn a little less and their crews can actually afford rent.
Why the heck should the franchisee be footing the bill? Make corporate McDonald’s pay for it. Surely they’ve made enough money off ice cream machines by now to afford it…
There is nothing “free market” about a forced minimum wage.
There are lots of arguments to be made for an increased minimum wage, at least try to be smart when making them.
The irony of you asking for smarts to be considered in regards to a mega billion dollar corp, who can more than afford this change for the entire country, let alone just California, is astounding while you are commenting the stupidest crap about “free markets” in relation to this news. It is hilariously pedantic…
There is literally nothing incorrect with the statement “enforced minimum wages go against the free market philosophy” and the statement itself makes no claim one way or the other about their personal views. It’s just pointing out a factually incorrect claim. Ironically enough, your paragraph reply is the hilariously pedantic part
Yes… And?
Slave labor would be much more profitable, but we have values beyond just your profits.
Big company suffers devistating effects when told to pay their workers well.
Well boo-fucking-hoo
In this case, the franchisees (small business owners) are saying the big business (McDonalds, which makes its money off of real estate and franchise fees) is going to be fine but they (the people that make money from owning a restaurant) are in trouble.
For many of them, it’s true; they didn’t consider whether they could open this business if they had to pay a living wage. Unfortunately, that’s not our problem, but it won’t be a problem for McDonalds either.
Not the way their business works… I think that franchising is an innately predatory business model and in need of severe legal reform. Let’s not ask McD to do it, let’s make them
To quote FDR:
In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country.