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Here's what fast food will cost with $17 an hour wages

Discussion in 'Sports and News' started by Doom and gloom, Jul 31, 2015.

  1. swingline

    swingline Well-Known Member

    Solution: Don't eat fast-food meals.
    BurnsWhenIPee likes this.
  2. Baron Scicluna

    Baron Scicluna Well-Known Member

    Figure a McDs has 8 hourly employees at $9 an hour. They're paying $72 an hour for the employees.

    Minimum wage goes up to $15/hour. Now they're paying $120 an hour, an increase of $48.

    According to the McD's website, a restaurant averages 1,900 customers per day. Say they're open 19 hours a day (close at midnight, open at 5). So they average 100 customers an hour, paying that $48/hour.

    So their meal should be going up 48 cents per meal per customer. More than the 30 cents per meal cited in the study, but hardly a deal breaker.
  3. Dick Whitman

    Dick Whitman Well-Known Member

    If it wasn't a deal breaker for some, it would cost that now.
  4. JohnHammond

    JohnHammond Well-Known Member

    When will newspaper reporters get their $20/hr?
  5. If you remember, John Kerry was at one point pushing as a senator in Obama Term I an idea to put newspapers under non-profit status. That lasted, oh, a day or so.
  6. LongTimeListener

    LongTimeListener Well-Known Member

    It won't cost that if people don't pay that.

    Horror of horrors, McDonald's could make less than the $16 billion profit it took in for 2014.
  7. SFIND

    SFIND Active Member

    How dare you suggest McDonald's corporate settle for only $15 billion in profit!
  8. doctorquant

    doctorquant Well-Known Member

    That seems to be rather obvious, doesn't it? Apparently obvious is lost on a lot of people.
    YankeeFan likes this.
  9. poindexter

    poindexter Well-Known Member

    Eh, so they can grab a bag of rice, some chicken breasts and a couple vegetables, and eat two dinners for the same cost.

    Not the biggest injustice in the world.
  10. Dick Whitman

    Dick Whitman Well-Known Member

    And then McDonald's will have to lay those workers off. Or close.
  11. Ace

    Ace Well-Known Member

    Or do more with less.
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