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California's $20 Fast Food Minimum Wage Law Is Already Having Disastrous Unintended Consequences
May 29, 2024 16:13:21   #
Racmanaz Loc: Sunny Tucson!
 
Yeah, who couldn’t have seen this coming? Oh yeah, the blind far lefty lunatics.

https://finance.yahoo.com/news/californias-20-fast-food-minimum-043059963.html

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May 29, 2024 16:58:03   #
ken_stern Loc: Yorba Linda, Ca
 
One unintended consequence for these fast food foodies is that they get to live longer

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May 29, 2024 17:01:04   #
Racmanaz Loc: Sunny Tucson!
 
ken_stern wrote:
One unintended consequence for these fast food foodies is that they get to live longer


Yes, some are going for healthier choices, which is good.

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May 29, 2024 17:05:10   #
RixPix Loc: Miami, Florida
 
No thinking person eats fast food.

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May 29, 2024 17:11:16   #
wilpharm Loc: Oklahoma
 
Racmanaz wrote:
Yeah, who couldn’t have seen this coming? Oh yeah, the blind far lefty lunatics.

https://finance.yahoo.com/news/californias-20-fast-food-minimum-043059963.html


yeah,aint that a shocker!!!

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May 29, 2024 17:11:42   #
wilpharm Loc: Oklahoma
 
RixPix wrote:
No thinking person eats fast food.


stupid statement

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May 29, 2024 17:17:21   #
Racmanaz Loc: Sunny Tucson!
 
RixPix wrote:
No thinking person eats fast food.


No thinking person would have said what you just said.

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May 29, 2024 18:59:24   #
rwoodvira
 
Racmanaz wrote:
Yeah, who couldn’t have seen this coming? Oh yeah, the blind far lefty lunatics.

https://finance.yahoo.com/news/californias-20-fast-food-minimum-043059963.html


It sounds good to politicians, but they don't understand basic economics. Owners are in a competitive market, they raise prices to compensate for higher costs - if they don't layoff workers to keep costs down. If prices raise, or service lags (less workers, poorer service) it loses customers, could go out of business.

https://finance.yahoo.com/news/fast-food-workers-getting-laid-200019566.html

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May 29, 2024 22:18:21   #
jcboy3
 
Racmanaz wrote:
Yeah, who couldn’t have seen this coming? Oh yeah, the blind far lefty lunatics.

https://finance.yahoo.com/news/californias-20-fast-food-minimum-043059963.html


What I did find interesting was the next article: "Are You Rich? Here's The Net Worth You Need To Be Poor, Middle Class, And Wealthy"

"Wealthy (Top 20%): The median net worth is $608,900. This group often represents older individuals who have accumulated significant savings and investments."

That's just stupid. They need to rethink their categories. That level should be classified as Middle Class. Upper Middle Class median net worth should be in the millions, and Wealthy should be well over $10 million.

Note, the median home price in the US is over $400,000.

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May 30, 2024 07:32:05   #
Kraken Loc: Barry's Bay
 
Racmanaz wrote:
Yeah, who couldn’t have seen this coming? Oh yeah, the blind far lefty lunatics.

https://finance.yahoo.com/news/californias-20-fast-food-minimum-043059963.html


And to think I was happy getting 70 cents an hour for

packing groceries and filling shelves

when I was 16 years old.

At least it gave me an incentive to get an education.

If they had given me $20.00 an hour I might still be there.

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May 30, 2024 11:54:00   #
srg
 
wilpharm wrote:
stupid statement


But eating life shortening crap is smart?

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May 30, 2024 12:18:50   #
wilpharm Loc: Oklahoma
 
srg wrote:
But eating life shortening crap is smart?


most people eat fast food occasionally, its just circumstance...1 big mac is not gonna k**l you or shorten your life...are you that dense??

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