tomder55
Oct 12, 2023, 04:05 AM
The sky is the limit , But what happens when they start getting that wage ?
Bill Text - AB-1228 Fast food restaurant industry: Fast Food Council: health, safety, employment, and minimum wage. (ca.gov) (https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202320240AB1228)
Places that bake their own bread for an odd reason are exempt.
Oh those unintended consequences .
"Given that the average profit margin in the fast food industry is just 6–9 percent, those costs are almost certain to be passed along in terms of higher prices or lost jobs."
California Declares War on Fast Food Industry | Cato at Liberty Blog (https://www.cato.org/blog/california-declares-war-fast-food-industry?utm_source=social&utm_medium=facebook&utm_campaign=Cato%20Social%20Share)
This will hasten the move to switch to automated service now that it becomes a more competitive alternative for fast food owners.
For one, this kind of policy financially incentivizes fast-food companies to speed up their investment in automation. Over the last few years, many Americans, myself included, have been to McDonald’s and used touch screens to place our own orders instead of interacting with cashiers. Well, the more arbitrarily expensive you make human labor, the more companies are incentivized to hurry up and embrace automation.
California’s latest socialist policy will hurt the workers it’s meant to help (washingtonexaminer.com) (https://www.washingtonexaminer.com/restoring-america/fairness-justice/californias-latest-socialist-policy-will-hurt-the-workers-its-meant-to-help)
However ,if South Carolina were ever to adopt such a ridiculous min wage ,I would go back to work. $20 an hour to make burgers ? I'm in.
Bill Text - AB-1228 Fast food restaurant industry: Fast Food Council: health, safety, employment, and minimum wage. (ca.gov) (https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202320240AB1228)
Places that bake their own bread for an odd reason are exempt.
Oh those unintended consequences .
"Given that the average profit margin in the fast food industry is just 6–9 percent, those costs are almost certain to be passed along in terms of higher prices or lost jobs."
California Declares War on Fast Food Industry | Cato at Liberty Blog (https://www.cato.org/blog/california-declares-war-fast-food-industry?utm_source=social&utm_medium=facebook&utm_campaign=Cato%20Social%20Share)
This will hasten the move to switch to automated service now that it becomes a more competitive alternative for fast food owners.
For one, this kind of policy financially incentivizes fast-food companies to speed up their investment in automation. Over the last few years, many Americans, myself included, have been to McDonald’s and used touch screens to place our own orders instead of interacting with cashiers. Well, the more arbitrarily expensive you make human labor, the more companies are incentivized to hurry up and embrace automation.
California’s latest socialist policy will hurt the workers it’s meant to help (washingtonexaminer.com) (https://www.washingtonexaminer.com/restoring-america/fairness-justice/californias-latest-socialist-policy-will-hurt-the-workers-its-meant-to-help)
However ,if South Carolina were ever to adopt such a ridiculous min wage ,I would go back to work. $20 an hour to make burgers ? I'm in.