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Here’s How the Price of Your Favorite Fast Food Would Change With a $15 Minimum Wage

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posted on Sep, 6 2014 @ 11:21 AM
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originally posted by: Another_Nut
The price of fresh locAl organic wouldn't be out of reach

Lol.

You aren't serious are you? Food cultivation is tied to minimum wage.

Min wage goes up, food costs go up...GMO or organic.

Sadly, organic will go up more than others, as they require more labour per product.




posted on Sep, 6 2014 @ 11:26 AM
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originally posted by: SearchLightsInc

Good for you and your success - The world is not so kind for millions of hard working people. Perhaps that is what you fail to understand. I work hard, when my employer is in profit at the end of the tax year why should the CEO get a bonus and not me?


Maybe the company you work for? I get a bonus every year...



I have no delusions about the economy and my place within it. To expect me to accept that we should have people who work their asses off and cant even afford to live at the end of the day is just disgusting. Call me entitled but if someone work's 40hrs a week and cannot put a roof over their heads, have 3 square healthy meals, warmth and even, dare i say, disposable income to go into savings and such, then that's a sure sign the economy is not working.


This administration has hyper inflated many cost of livings at a rate that the typical pace of minimum wage can not keep up with, so you are right, but we are talking maybe a little under 10 bucks an hour to meet their failures, not 100% increase in minimum wage the 15 bucks would be. As I read before raising the minimum has a ripple effect on all wages, so we would see inflation like you never seen it before.


edit on 6-9-2014 by Xtrozero because: (no reason given)



posted on Sep, 6 2014 @ 01:23 PM
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seriously?? You think minimum wage is only about 2 dollars behind inflation? And you attribute it all to this administration? What world are you living in. If minimum wage had gone up at the same rate as inflation and cost of living since 1970 it would be about $20 an hour right now. When I graduated high school in 1994 the minimum wage was 4.25 an hour and I could buy four and a half gallons of gas with one hour of work. Now, I make about 20 an hour and can buy about ......5 gallons of gas.

What I see all of you saying is that its ok for salary compensation for the actual workers to be on a race to the bottom, as the CEO's and owners take more and more of the profit. This doesn't seem sustainable to me. Further, the problem with our system is not as you have portrayed. Many of you state "the purpose of the business is to make money"....and this is a fallacy in a corporate system. The purpose, mandated by law, is to make EVER INCREASING profit. A mom and pop business does not have to have an ever increasing profit. They can do just fine making enough to live comfortably, and leave it at that. But with our business model our companies that are traded must constantly make MORE....and this leads to an unsustainable situation. Once the market is fully saturated, the only way to increase profit is to start deducting cost, and this comes by.....you guessed it....taking it from the workers. THIS is why the whole corporate scheme is unsustainable, and what we are witnessing now is the end result. CEO's and shareholders raking in more and more, as the workers get less and less, leading to a massive wealth disparity with a small select, greedy few moving to one pool, and all the rest being pushed to the other. But just stick your head in the sand as compensation declines, as unemployment ramps up, and as the natives continue to grow more and more restless. Just because you judge all other people as "able" as yourselves, as if situation, and variables such as luck, charisma, nepotism have nothing to do with it.

Seriously, I got through school in a competitive medical program with a pass rate of 17% without having to study. I can also bench 300. But just because those things came easy for me doesn't mean that I would labor under the arrogant illusion that anyone can do it.



posted on Sep, 6 2014 @ 01:32 PM
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a reply to: TDawgRex

So just because your fast food meal is going to cost you $2-$3 more, you're against a minimum wage that would mean less people living in poverty? Is a Big Mac or a Turkey Foot Long that important to you?

As for other workers already making what could be the potential minimum wage, I was in that boat myself. When I started working for my company the minimum wage was $8 and they boasted that they paid above minimum wage to start at $11. Now our minimum wage has increased to $10.25 and the company still starts employees off at $11. Should they have adjusted? Hell yes. Do I blame the other industries and workers for wanting a higher wage that I'm not being paid more? HELL NO. I'm happy that they are getting better wages. The $10.25 is still not enough, we should have a $15 minimum wage because we also have one of the highest cost of living in the country.

If we went with your mentality of paying the current $15 an hour earners before anyone else, the money will never get down to the minimum wage earners. It is that mindset that has CEOs making 3000% more than their average employee and earning bonuses that some of us will only ever dream of. The idea is if you start giving more money at the top, it will trickle down. Well we keep giving money to the top and it doesn't come down at all. So now you have to start at the bottom, raising the minimum wage. It makes it more competitive and for jobs that require higher skills, they will naturally have to start paying their employees more and then hopefully CEOs will only be making 2000% more instead.



posted on Sep, 6 2014 @ 01:36 PM
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originally posted by: jhn7537
a reply to: doobydoll

LOL, and you are basing this from what exactly? Because you've seen me work in my field? I rose up to one of the top workers in my company within the first 2 years due to the hard work I put in. First one in and last one out mentality helped propel me to the top, but I guess you are the most hard working deserving man around who is likely "unlucky"...

Corporate jobs are not easy, btw... Doodling and blotting paper and answering phones, is that really what you think corporate america is like? If so, you are sadly mistaken... Being in any sort of business development job today is highly demanding and extremely difficult, which is why companies pay people like me so well...

Maybe you can out-work me or any pen-pusher on a physically demanding job, but I never went to school for manual labor. And I'm sure I would destroy you in all aspects of sales and business development, so big whoop, I'm doing great, I worked my ass off to be doing great and it FEELS great... Especially not crying about wages or being dependent on the Govt. to put food on my table...

Great! I'm pleased for you.

Now, low-paid workers need their top-up payments so run along and put that paper degree to work and get your taxes paid on time - woohoo - how does that feel eh? How does it feel to have the fruits of your hard-earned (ha) degree being paid out to those low-paid grockles you hate so much?

The low paid won't starve or go homeless if bosses won't stump up, you higher-paid workers will just have to carry on subbing their wages with your taxes - your degree doesn't get you out of that does it? Nope. Your high-earning degree merely ensures you pay more from your wages towards the working poor. So it looks like you gotta like it or lump it chap, I'm afraid. Oh well, such is life.
edit on 6-9-2014 by doobydoll because: (no reason given)



posted on Sep, 6 2014 @ 01:42 PM
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originally posted by: Blackmarketeer
Fast food wages are so low it's workers are taking 7 billion per year in public assistance.

Fast-Food Wages Come With a $7 Billion Side of Public Assistance

McDonalds alone took 1.2 billion per year of that tab. I guess we prefer to have our taxpayers help pay the labor costs for McDonald's Corp rather than have the company pay it's own worker's compensation. WalMart does the same thing, pay it's workers an abysmal hourly rate and let the taxpayers pick up the slack.


well said...the minimum wage has not been raised since 2007....how many of you here on ATS that are working, haven't had a raise in 7 years....guess what...all the politicians (who get automatic raises by law), business leaders, and the top 1%, have. 15 might be a little to high, but they could raise it to 10 bucks an hour, with very little increase in the actual price of the product.



posted on Sep, 6 2014 @ 01:48 PM
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a reply to: AphoticJoe

You really just don't understand how business works, do you? They exist to make money, that's why most people start them. Your socialist fantasy is beautiful, but it's a fantasy.

Why don't you and your socially conscious friends start businesses and pay all your employees huge salaries? Do that, then come back and tell us more. I'll listen.



posted on Sep, 6 2014 @ 01:58 PM
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originally posted by: hammanderr
a reply to: AphoticJoe

You really just don't understand how business works, do you? They exist to make money, that's why most people start them. Your socialist fantasy is beautiful, but it's a fantasy.

Why don't you and your socially conscious friends start businesses and pay all your employees huge salaries? Do that, then come back and tell us more. I'll listen.


Of course the irony of your post is that there are some businesses who are paying their staff a living wage AND STILL MAKING A PROFIT - who could have predicted such a thing!?



posted on Sep, 6 2014 @ 02:09 PM
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a reply to: TDawgRex

You cite the 'Heritage Foundation' for economic analysis? Let me know when they EVER have sided with anyone other than the elite.

The true consequence of this will be further robotizing the industries which can implement devices to replace workers.

All of this controversy is BS. There is only one issue and that is how to divvy up the wealth to allow for further evolvement of society. It is obvious the current methodology is a complete fail. It is regressive here in the USA and it impacts EVERY portion of society adversely, including TPTB. The fact that are able to thwart the changes which will make for an egalitarian world, with actual rights for all, is just the display of their mental limitations. If you believe that greed is good and more is better, you have no grasp of what this type of ideation does to you.

MODERATOR: Could you please ask for an update of your spell check here. 'Ideation' and 'evolvement'



posted on Sep, 6 2014 @ 02:29 PM
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I've leave you with this.. when I graduated high school.. a #2 at McDonalds (2 cheeseburger meal) was $3.15. Today it is $6.50 (roughly). The price doubled... how much has minimum wage increased since 1995?



posted on Sep, 6 2014 @ 02:37 PM
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originally posted by: DerekJR321
I've leave you with this.. when I graduated high school.. a #2 at McDonalds (2 cheeseburger meal) was $3.15. Today it is $6.50 (roughly). The price doubled... how much has minimum wage increased since 1995?




In 1995 minimum wage was $4.25, today in Illinois our minimum wage is $8.25, but I believe the federal is $7.25

Federal Minimum Wage List
edit on 6-9-2014 by jhn7537 because: (no reason given)



posted on Sep, 6 2014 @ 02:49 PM
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a reply to: jhn7537
This is part of the problem, wages for the poor have barely budged since 1970, but for anything over the middle class wages have steadily gone up, we need to fix this... Everyone will profit if they do, or they won't fix it and modern day feudalism will continue.



posted on Sep, 6 2014 @ 03:08 PM
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Since I left school in '74 and up into the '90's i worked in manufacturing on piece-work rates. The harder I worked the more I earned. If I didn't work hard I earned less. The company made good profits and work was plentiful. In the early 90's I was earning £12-£15 an hour on piece-work rates, was guaranteed and contracted to work 40 hours per week plus overtime, 52 weeks of every year. It provided job-security which enabled me to qualify for a mortgage and buy my own house. We were far better off going to work in those days. It was hard-slog work but I didn't mind that because it meant I could pay my way in life and put some away too. There were no such thing as top-up benefits, everyone who worked contributed taxes, enjoyed a good standard of living, and there was no need for working benefits. If a company couldn't make profits it went under, and didn't look to the taxpayer to help pay its workers.

Last week I saw a job advertised, it was the same kind of manufacturing job I used to work piecework rates at. There's virtually none of those type of jobs any more so I inquired about the job. I was told the job entailed machining on a production line for minimum pay, and that there was 'about 6 hours work' and that's all. I worked out that after paying for travel to get there and back I'd be left with a tenner, for 6 hours work. The job is still vacant unsurprisingly.

They expect top-speed production quotas, but only want to pay 6 quid an hour. So if they were making good profits a few years ago after paying piece-work rates at between £12-15 an hour, what are they doing wrong nowdays if they're struggling to make a profit whilst paying only 6 quid?
edit on 6-9-2014 by doobydoll because: (no reason given)



posted on Sep, 6 2014 @ 03:41 PM
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You know what I see in the OP? A claim that by increasing wages 100% prices only go up by 37% which means those on the bottom have 46% more disposable income for things like rent and food.


originally posted by: jhn7537
a reply to: TDawgRex

It really blows my mind how these fast food workers believe they deserve a living wage. Fast food is not a career to live on, it's a job, a low income, little to no skills, which is why you make little to no money.... People who cry for wages to be increased don't understand simple economics (due to their lack of formal education). They also don't understand that the money is all relative, meaning that I could pay them all $1 million a year to flip burgers, but if the cost of bread, rent, etc. goes up past a million dollar threshold then you will still find yourself in that same situation...

Wages go up, costs get passed on to the consumers, all prices are raised and the "raise" you just received isn't really a raise because everything else went up in cost too....


There's another facet of economics that you're discounting. People spend the money they have. When those on the bottom half of the income scale get more money they're not saving it because they don't have the means to save it. They're spending it, which increases the volume of sales of businesses. This is why countries that have both high tax rates and high minimum wages such as Norway still have strong economies. People spend money. When people have the money to buy things the economy does better because people are larger consumers which creates more of a demand for products, which means more jobs. When the minimum wage is less (I'm referring to purchasing power not an actual number) there's fewer consumers which leads to fewer jobs, which creates a downward spiral.


originally posted by: TDawgRex
a reply to: SearchLightsInc

That is your opinion, and your opinion only. Yes, crap wages equal for the most part crap employees. You want to live a better life? Then better yourself. Yea, I know that is a blanket statement, but it applies here.


The jobs don't exist. People that have bettered themselves are still taking these jobs, however these jobs have to be done by someone. People need to be able to support themselves on the jobs.


originally posted by: Richn777
We need to figure out how to keep companies manufacturing here! I see that is the main problem. Until we address this issue, raising the minimum wage will be disastrous.


That's actually very easy to do. Tell companies that they need to provide X jobs in the US for every X thousand/million in sales they do in the US annually. If you want to sell cars in the US some portion of those cars need to be manufactured here. If you want to sell tech gadgets, make them here and so on. It's anti globalist but it's precisely what we need right now.
edit on 6-9-2014 by Aazadan because: (no reason given)



posted on Sep, 6 2014 @ 03:49 PM
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originally posted by: doobydoll
They expect top-speed production quotas, but only want to pay 6 quid an hour. So if they were making good profits a few years ago after paying piece-work rates at between £12-15 an hour, what are they doing wrong nowdays if they're struggling to make a profit whilst paying only 6 quid?


I don't know the exact economic conditions in the UK but what it comes down to is that low wages are contagious. If a job pays $15/hour but another company realizes they can pay $12, the company that pays $12 will do better in the long run. Eventually others get on board and pay $12, eventually someone offers to pay $9.

The free market drives prices down because as a collective the population operates on the principal that part of something is better than all of nothing. Give it enough time and wages will be whatever the minimum amount is by law. This has another side effect that as wages go down the spending of the people making these wages also goes down. Less spending results in less consumption, which results in fewer jobs to fuel that consumption. That results in unemployment.

Once you have high unemployment and jobs paying little there's no money circulating throughout the economy and most people working or not end up being poor. This is why minimum wage laws that result in a high rate of pay are important. It has nothing to do with the employees deserving it or the skill level of their labor. It has to do with the fact that when people have more to spend they buy more and we as a society have things to do. When everyone is employed and consuming those who are working for the most part feel rich as they're able to accumulate things.



posted on Sep, 6 2014 @ 05:45 PM
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Keep outsourcing and send jobs elsewhere. It seems to be working #ing great! They get people to bitch about 15 dollars an hour. Use your energy to attack the # at it's source. You'll be working in one of those places soon enough if not.

We're not worthy of being saved.



posted on Sep, 6 2014 @ 06:32 PM
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a reply to: TDawgRex

What a great way for the government to blame the upcoming inflationary spiral into hell on the minimum wage workers. Pure Hegelian Dialectic stuff here ;-)

Cheers - Dave



posted on Sep, 6 2014 @ 06:41 PM
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originally posted by: bobs_uruncle
a reply to: TDawgRex

What a great way for the government to blame the upcoming inflationary spiral into hell on the minimum wage workers. Pure Hegelian Dialectic stuff here ;-)

Cheers - Dave


Upcoming? It's here and it's been here. Inflation on food this year has been measured at 22%. The conservative estimates of our real inflation rate (not to be confused with the official rate which is divined through CPI) are 10%. This has been true for awhile. In 2011 it was 13% and in 2008 it was 15% while wages haven't changed. That inflationary hell is here.
edit on 6-9-2014 by Aazadan because: (no reason given)



posted on Sep, 6 2014 @ 07:04 PM
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The dream of the American elite is that people work for minimum wage and that they also don't have to pay them health insurance and other benefits.

The funny thing is that the exact opposite, paying people more AND providing benefits (this also includes things such as more vacation days etc.) works. This is the case in any modern, rich economy, prime examples would be SOME (not all) countries in Europe, like Scandinavia.

The irony is that the POOR, weak economies, those who are broke are also those where people get paid little and only a very few elites rake in profit. (Corporate profit does NOT trickle down into the society. This is a lie.)

Somehow, someone wants to brainwash the American people that exactly THIS (cheap workers, no health care etc.) is "good" even if in the real world the well-doing societies are the exact opposite. Short: It's not only a theory that higher wages and providing benefits are ultimately BETTER, it's a proven fact. America is a modern society, but the system still works like in some 3rd wold country...and some people believe (and are made to believe) it's actually "better" like that. (Brainwashed into believing that the profit of corporate X, say McD etc. is driving the economy. Yet, Walmart and McD etc. are NOT driving or benefiting the economy [by paying little and making good profit]. A company which pays a **** wage and does not provide benefits makes the economy WORSE, not better.

edit on 9/6/2014 by NoRulesAllowed because: (no reason given)



posted on Sep, 6 2014 @ 08:05 PM
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What people don't understand is that increased wages doesn't necessarily mean increased buying power. When the wages go up, the cost of everything goes up to...







 
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