Economics: It Has Laws

Posted on December 10, 2013 8:00 am

Organizers of a movement demanding a $15-an-hour wage for fast-food workers sponsored a one-day strike in 100 cities last week.

If successful, expect the Dollar Menu to be replaced by the Hour Menu.

Send to Kindle
1 Star (Hated it)2 Stars3 Stars4 Stars5 Stars (Awesome) (3 votes, average: 5.00 out of 5)

5 Responses to “Economics: It Has Laws”

  1. Oppo says:

    Sadly, the Egg McMoveOn didn’t turn out to be as popular as they thought it would be.

  2. Oppo says:

    They’ll just have to pay more taxes if they earn more per hour.

    In the words of the philosopher Leo Getz: “You get FICA’d at the drive-through!”

  3. Iowa Jim says:

    Google road-tested a self-driving car in March 2012. Is there anybody here who thinks that it’s harder to build a set of machines that takes orders, collects money, cooks burgers and delivers them to the customer than it is to build a self-driving car?

    As for the economics, my guess is that there are a whole lot of things that make economic sense to automate if the alternative is paying somebody $15 per hour that don’t make sense if the alternative is paying somebody about half that.

  4. NoMoBama says:

    They better be careful what they wish for, if they get paid more, they might actually have to ….pay taxes!!! O_O

  5. DamnCat says:

    @Iowa Jim – now add the cost of ObamaCare for some employers to that $15/hr and the economics of automation gets another boost.

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>