Quote:
Originally Posted by HeadPimp
Interesting move on their part. Obviously the bottom line is the most important thing.
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As it should be..right? Do you run your business as a charity or to make money?
I argued with some of the folks on here in all the "raise the minimum wage" threads over the last year.
And I predicted (which isn't that hard to do running a business) that IF you started overpaying unskilled labor that the result would be job losses.
And I had more than one person on here tell me I didn't know what I was talking about that Walmart is "rich" and would never shut down stores.
I'm afraid that this is only the beginning.
Young men and women already can't find starter jobs for themselves out of high school.
But just watch what happens with automation at McDonalds and other fast food restaurants very soon.
No way they are gonna pay a fry cook $15 an hour...or the person taking your order over the speaker.
They are going to update that stuff and you'll be putting your order in on a touchscreen or an app. And putting the fries in the grease will be done by automation.
Get ready. LOTS of people are about to lose their jobs.
And then the people screaming for a "living wage" will find out that the wages they were making for unskilled labor were a lot better than making ZERO.