Quote:
Originally Posted by Minte
Tony, I doubt that you know more about running a company than the CEO of Walmart or McDonalds.
Just as a reminder. These large corporations have shareholders. Shareholders that not only expect dividends, they demand them. No profits to share with those shareholders, the operating and expansion capital evaporates. Then minimum wage is a moot issue. Ask anyone that spent their careers in the automotive industry.
Next time you go to McDonalds, give your server a tip.
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One word Costco, in Australia min wage is $15 an hour and unemployment is 5 %. Whats that magic? And they aint paying $20 for a big mac.
Also if the company cant survive without gov handouts for the workers then its not a viable business model.