$15 fast-food wage?

[Sapper Woody]

It's basic math. The lowest level of employment is fast food. No secret. So, we have three things here:

1. If a fast food worker makes as much as a skilled worker, why would anyone want to take the time and debt it takes to become a skilled worker? Just work fast food forever. The economy tanks.

2. Even if employee wages were 50% of the overhead, a 100% raise across the board is a 25% overhead increase. So, an $8 meal now costs $10. My family can only eat out 80% of the time I used to be able to afford. So, sales decrease by 20%. Meaning that the prices have to rise in order to cover the quantity lost, spiraling it into nonexistence.

3. Minimum wage is raised. To compensate, fast food prices are raised. This starts a spiral of everyone's pay being raised, causing severe inflation, as prices essentially double across the board.

 

[Salty]

It's basic math. The lowest level of employment is fast food. No secret. So, we have three things here:

1. If a fast food worker makes as much as a skilled worker, why would anyone want to take the time and debt it takes to become a skilled worker? Just work fast food forever. The economy tanks.

2. Even if employee wages were 50% of the overhead, a 100% raise across the board is a 25% overhead increase. So, an $8 meal now costs $10. My family can only eat out 80% of the time I used to be able to afford. So, sales decrease by 20%. Meaning that the prices have to rise in order to cover the quantity lost, spiraling it into nonexistence.

3. Minimum wage is raised. To compensate, fast food prices are raised. This starts a spiral of everyone's pay being raised, causing severe inflation, as prices essentially double across the board.

and as prices go up, less people eating at Mickeys = then some of the newbies will be laid off

 

[annsni]

My daughter has her bachelor's degree in art education (you know how hard it is to get a job as an art teacher right now??) and she is currently subbing until she can find a full time job. With her degree, she's earning $15 an hour ($90 a day for a 6 hour day). So a fast food worker at starting salary should make the same amount as a substitute teacher - who actually is using their education and skills??? That makes no sense. Maybe an entry level manager but an unskilled burger flipper? Really??? I've never made $15 an hour in my life!