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McDonald's franchisee group says new $20 minimum wage California fast-food bill will cause 'devastating financial blow' (www.cnbc.com)
submitted 2 years ago by to c/workreform@lemmy.world
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[–] 209 points 2 years ago (4 children)

Sounds like McDonald's can't afford to do business. I guess the free market will have them close.

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  • [–] 75 points 2 years ago (1 child)

    The group said the costs “simply cannot be absorbed by the business model.”

    They can do business, just not be as profitable if they can't pay slave wages. The problem here is in the quote... they don't want to change the model where the franchisee's earn a little less and their crews can actually afford rent.

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  • [+] -12 points 2 years ago (1 child)

    There is nothing "free market" about a forced minimum wage.

    There are lots of arguments to be made for an increased minimum wage, at least try to be smart when making them.

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  • [–] 4 points 2 years ago* (1 child)

    The irony of you asking for smarts to be considered in regards to a mega billion dollar corp, who can more than afford this change for the entire country, let alone just California, is astounding while you are commenting the stupidest crap about "free markets" in relation to this news. It is hilariously pedantic....

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  • [–] 1 point 2 years ago (1 child)

    There is literally nothing incorrect with the statement "enforced minimum wages go against the free market philosophy" and the statement itself makes no claim one way or the other about their personal views. It's just pointing out a factually incorrect claim. Ironically enough, your paragraph reply is the hilariously pedantic part

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  • [–] -4 points 2 years ago (1 child)

    There is a lot wrong with that statement, but one look at your username,tells me I'm not speaking to anyone worth conversating with... pp.boy... pretty on the nose with proud boy huh...

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  • [–] 0 points 2 years ago* (last edited 2 years ago) (1 child)

    What? Lmao you're insane it's a reference to my big fat hog between my legs. But anyway, please explain how the statement is wrong

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  • [–] -3 points 2 years ago (1 child)

    Yeah, that adds up... proud boys think they have something to show off when in reality we all laugh at that member you call a penis but is the size of an enlarged clit... no shame bro..

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  • [–] 1 point 2 years ago

    You are on something.

    But anyway, back to the conversation. Use your degree in economics (which you clearly have) to explain exactly how state-enforced minimum wages do not directly conflict with the ideas of lassaiz-faire free market economies. Please, be as specific as possible.

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