Look at the big mac index, its what every country pays for a big mac. we charge 25 cents more than australia who has an 18 dollar an hour min wage. also companies cant just raise prices as they feel, thats a myth. there is a price consumers will pay for a good so the bullshit of 20 dollar burgers wont happen.
Wendy's 'hires' 1000 new robotic workers
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I read a little while back that the CEO of McDonald's has said they will halt their lobbying efforts to stop a raise in the minimum wage and devote that time and money towards developing automation.
We could see a major downturn in the need for fast food workers in the very near future.Comment
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Jack in the box has had those for a few years. McDonalds also has them.Wendy's to introduce self-ordering kiosks at 1,000 stores - The Wendy's Company (NYSE:WEN) | Seeking Alpha
Wendy's to introduce self-ordering kiosks at 1,000 stores
Feb. 27, 2017 1:42 PM ET|About: The Wendy's Company (WEN)|By: Clark Schultz, SA News Editor
Wendy's (WEN +0.1%) plans to install about kiosks in about 1K of its high-volume stores to allow customers to place orders by themselves.
The roll-out is expected to be finished by the end of the year.
The self-ordering kiosks are popular with younger visitors and help the company save on labor costs.
Earlier this month, Wendy's guided for labor inflation of 4% for 2017.In November, you can vote for America's next president or its first dictator.Comment
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did you not know that americans are math genius ?
1-2= 3
and if there is something missed PRINT IT or call your creditcard company for a higher limit.
i just ask my self what they are going to do with the robots when nobody have money to buy from this machines.
fire them? deport them to mexico?
if it would not be that serious this would be the best comedy i have seen in my life.
it´s like people cutting their own legs of, want to win the olympic marathon and complain that others have 2 legs.Open for handpicked publishers and advertisers:
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You sell to middle management. Mostly single guys who can't afford a hooker, but can afford $50-$100 on a cam girl. Otherwise, your girls would be earning a lot more for every private session. Unless all your customers are whales.My customers are not the menial workers being replaced -- they are the guys buying the robots. The stock markets are up and my business has increased dramatically.
To some degree these displaced workers will be spending less, and this, in aggregate may effect sales in some way.
No one can afford a $6.00 ratburger anymore.
Wendy's will sell less product if they do not contain prices somehow.
Also, middle management at companies like Wendys will start to go automated.
Even so, the effect of more unemployed means you will have to pay more taxes to stop the unemployed voting in a Government who will force you to pay more taxes.
We all rely on millions being able to afford to buy themselves "treats" once a lower level falls out of that strata the effect trickles up. And nothing stops the top level looking for further cuts.Comment
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Americans and a lot of Westerners don't see further than the end of the week.Those were all your potential customers and now some of them will be your financial burden...I find it amusing that some are calling the shrinking of their own market and rise of tax spending a good thing LOL
Automation replacing fast food workers only means those left in work have to pay more in taxes so the unemployed fast food workers can feed, house, clothe themselves. The layer they miss out is working in offices collating how much meat, salad, burgers to buy. That's all done by machine now. As that level is reduced the need for managers is lowered, as that level drops, the level above is reduced. And so on.
The owners of Wendys see no one as safe from being replaced by a machine, except themselves. They also see no location in theWest as safe from being moved top the Third World if it makes them more profit. The only thing they don't want to do is pay enough taxes to support the country they're intent on making poorer.
A lot here complain about the US infrastructure. Solving that problem is simple.

These collect data on lorries travelling on Czech Motorways and a charge is sent to the owner of the vehicle monthly. Do the same with cars and lorries in the US and use the money to repair and build roads.
As tens of millions are replaced by machines, pay more taxes to keep the unemployed from revolting. Also the taxes the unemployed use to pay, has gone. So pay more taxes to replace what they use to contribute.Comment
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I do not think they have an actual plan for the future


print money + export inflation is not going to work forever...developing nations who "import US inflation" (have to devalue their own currency) will not be able to do so forever...the bill comes due sooner or later, whether it comes to the creditor or debtor, both will feel the effect, directly or indirectly...
at the same time the "trickle up" economy is doing everything possible to eliminate its tax base and replace workers with machines in the name of corporate profits...robots are equally bad at paying taxes as rich people


interesting times are ahead of us...
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