$20 an hour min. wage for flipping burgers increase causes stores to close across the nation as nobody wants to inflate the dollar and raise prices. Sorry but it's stupid lol.

submitted by CivilWarrior from msn.com

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[–]alladd 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (3 children)

Bullshit. A bunch of companies complained previously that raising the minimum wage would raise food prices, and then they didn't raise the minimum wage, and then food prices went up anyway. Layoffs are happening everywhere, in plenty of places where wages are stagnant. Furthermore the article has no concrete proof the two are even linked.

[–]ID10T 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

You sound like a Marxist with your head in the sand. Cost of supplies increasing has caused price increases in goods across the country. But in this case, plenty of restaurants have publicly stated that they are raising prices and laying off workers due to the increase. But why believe them? They should just suck it up and allow the least skilled, entry level labor to seize the means of production!

[–]alladd 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Uh huh, price increases and yet also the largest profit margins in record history. You're right, accidentally: why should I believe a bunch of companies? Of course they don't want to pay anyone more; who ever has in history?

I don't know what the fuck you're talking about re: means of production but I do think fast food workers should make enough money that, as demonstrated by our current lack of employees, justifies even working there and giving up that time in the first place.

[–]ID10T 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Employees generally get paid what they're worth on the market. The most basic entry level jobs are not for grown adults to earn a living. They are for teenagers to make some spending money and learn how to function in a workplace.

There are no record profit margins in the restaurant industry. A restaurant is one of the lowest profit margin businesses there are. Most restaurants fail in the first couple years because it's very difficult to make a profit.