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McDonalds suggested budget for employees shows just how impossible it is to...
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2013 Jul 16, 9:48am 10,845 views 46 comments
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turtledove
2013 Jul 16, 2:02pm
What is the solution? If you raise the minimum wage, what is to keep prices of everything else from increasing, too? If you institute price controls then you risk limiting innovation and establishing barriers to entry. Is the answer in increasing the wage... or reducing prices? America seems happiest when essentials like housing, fuel, and food consume a lower percentage of a person's net income. Yet, we seem stuck in this spiral of increasing costs and stagnating wages.... Would increasing the minimum wage actually work the way we would hope it would?
What is the solution?
Obviously McDonald's should not be in business if they cannot afford a work force!!
Get out the way.. Close the doors.
BULLSHIT! Of course they can , they choose to pay them shit !!
Is the answer in increasing the wage... or reducing prices?
No the answer is they are paid a living wage. If McDonald's cannot afford to do so then close the doors and go out of business.
Would increasing the minimum wage actually work the way we would hope it would?
You mean get people off welfare, food stamps, yes potentially YES!
Pay a living wage or don't be in business.
The American people are not slaves! Stand up for yourselves.
No more subsidizes for businesses, none!
Watch the economic truth finally hit main street.
People need to wake up.
Yet, we seem stuck in this spiral of increasing costs and stagnating wages.... Would increasing the minimum wage actually work the way we would hope it would?
There is money just not for the working class and certainly no full time jobs.
How's that trickle down working for you.
turtledove
2013 Jul 16, 2:18pm
You mean get people off welfare, food stamps, yes potentially YES!
Not if prices increase alongside the minimum wage, it wouldn't.
Not if prices increase alongside the minimum wage, it wouldn't.
They are anyway. Just slower.
100 million people have already been left behind, you say do nothing?
What is the solution? If you raise the minimum wage, what is to keep prices of everything else from increasing, too? If you institute price controls then you risk limiting innovation and establishing barriers to entry. Is the answer in increasing the wage... or reducing prices?
Pay the CEO's and top mgmt less.
Homeboy
2013 Jul 16, 2:54pm
There's no way that budget is realistic. They totally left off monthly expenses for crack, hookers, lottery tickets, vodka, and tattoos.
Crap, you guys snuck those posts in right in front of me.
Great (demented) minds think alike.
I stopped buying "other" and now am saving $100 bucks a month.
No the answer is they are paid a living wage. If McDonald's cannot afford to do so then close the doors and go out of business.
Too bad you went off on such a tirade. You made sense when earlier you stated.
Start working from 15 while you are living at home. Save some money so you can get ahead.
Move out at 20 with 5 years of savings and buy a house. Rent out the second and third or even four bedroom.
A college degree is SCRAP!
Get multiple trade qualifications.
Look, you don't want to work there then don't. If it's all you can find and you're 30 years old, it is life handing you a "get a clue" card. Step up, learn a trade, if you go to school, don't go to get a degree in history, get a degree in something that will be employable when you are done (medical, engineering, accounting). Entry level wages were never meant to support a family. Don't blame the employer for not paying more, too many people are like the video below.
Obviously McDonald's should not be in business if they cannot afford a work force!!
Get out the way.. Close the doors.
BULLSHIT! Of course they can , they choose to pay them shit !!
Nonsense, like Bon Qui Qui above, the workers are pinheads who don't want to do what it takes to improve themselves. You want to stay where you are, then take what comes with it. Don't say I don't want to do stuff like take courses or crawl under a house but by the way, for this pathetic stab at putting in hours, pay me more. BULL!!! You want to party rather than take night classes, fine, just don't come whining for more money. You want more money, bring something to the table besides your ability to consume oxygen.
Working in mcdonalds is no different than being a little eichman - you poison citizens by placing them on the eventual train of death that will result from consuming this so called food. I hope their conscience is clean when they get off their shift and spend their money at the mall and movie theaters.
ja
2013 Aug 5, 4:57am
Look, you don't want to work there then don't. If it's all you can find and you're 30 years old, it is life handing you a "get a clue" card. Step up, learn a trade, if you go to school, don't go to get a degree in history, get a degree in something that will be employable when you are done (medical, engineering, accounting). Entry level wages were never meant to support a family. Don't blame the employer for not paying more, too many people are like the video below.
The solution to free all this people of McDonalds is very simple. Just import a bunch of Chinese. At today's rates, they'll do it for 50%
Dan8267
2013 Aug 5, 6:40am
Doesn't McDonald's have to provide healthcare?
McDonald's should be required to provide healthcare to its customers!
CL
2013 Aug 5, 9:25am
What is the solution? If you raise the minimum wage, what is to keep prices of everything else from increasing, too?
I think you could have *some* inflation from minimum wage increases, but it wouldn't affect everything, not greatly anyway.
I'm pretty sure the effect fades as you move a way from the lowest end of the spectrum.
http://truth-out.org/news/item/14050-minimum-wage-hikes-do-not-cause-inflation
It's not like you've given everyone everywhere a raise of equal amounts.
Conversely, would eliminating the minimum wage reduce inflation? Would you advocate a minimum wage of a dollar as an inflation-fighting technique?
Dan8267
2013 Aug 5, 10:34am
http://www.youtube.com/embed/dCqKl4Q3hW4
... which basically means that McDonald's is Slurm...
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McDonald’s has partnered with Visa to make a website dedicated to showing its employees how to properly budget their meager peasant salaries. However, what it actually does is illustrate the fact that it is nearly impossible to get by on minimum wage, as shown in this “example†budget chart:
McDonalds suggested budget for employees shows just how impossible it is to get by on minimum wage
Yeah– now, when I first saw that, I assumed that the top line was for a part-time McDonald’s employee. Then I got out my calculator– that is actually what you would make if you were working full-time at McDonald’s. 1,105 dollars a month.
http://www.deathandtaxesmag.com/202172/mcdonalds-suggested-budget-for-employees-shows-just-how-impossible-it-is-to-get-by-on-minimum-wage/