FAST FOOD 'STRIKES' SHOW ECONOMIC FOLLY OF AMNESTY
On Thursday, thousands of fast food employees and allied union members walked off the job and protested in cities across the country. They were agitating for a hike in the minimum wage, from the current $7.25 an hour to $15 an hour. That isn't going to happen. Congress, however, is considering legislation that would flood the labor market with low-skilled workers. The low wages paid by fast food employers could be depressed even further.
Labor is a market, subject to the same laws of supply and demand that guide the rest of the economy. Employers will pay no more than the amount necessary to attract enough workers to do the job they require. This is the same phenomenon that pushes a consumer to shop around to pay the least amount for a product or service they desire. It is a law of economics, but it might as well be a law of physics. More
Fire every single one of them, and find new employees. They're lucky if they can tie their shoes, and are in the lowest ring of hire-able people. Give them $5 and hour and tell them to stfu.
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boycott fast food!
ReplyDeleteThe minimum wage should be set at $.01 and left there. One can make just as decent living on that as 7 or 8 dollars.
ReplyDeleteFire every single one of them, and find new employees. They're lucky if they can tie their shoes, and are in the lowest ring of hire-able people. Give them $5 and hour and tell them to stfu.
ReplyDeleteBoycott all fast food. They are paid more than they are worth now.
ReplyDeleteWait; these are UNION people and they are paid MINIMUM WAGE????? Why join a union, then? Just so you can pay dues out of the scraps you are tossed?
ReplyDelete905-They are attempting to unionize, as unions are desperate for dues and are now courting fast food workers.
ReplyDeleteSay bye bye to the economy menu.
ReplyDelete