ECONOMICS: 15$ minimum wage

http://www.tpnn.com/2014/09/08/did-the-fast-food-minimum-wage-strike-just-backfire/

 

Did the Fast Food Minimum Wage Strike Just Backfire?
September 8, 2014
By Matthew Burke

*** begin quote ***

TPNN radio host Tim Constantine of The Capitol Hill Show reports that the fast-food strikers have just shot themselves in the foot…big time.

“This company called Momentum Machines, has built a robot that could change the fast food industry forever,” announced Constantine. “The robot can slice toppings like tomatoes and pickles immediately before it places that slice onto your burger, so you get the freshest burger possible.” he reported following the Astroturf strikes organized by big labor unions and not necessarily even the workers of businesses like Burger King and McDonald’s.

“The robot is more consistent, more sanitary, and complains less, than your average worker,” Constantine explained.

“Here’s the kicker,” revealed Constantine: “The robot can produce 360 hamburgers per hour,” which equates to approximately one burger every ten seconds, much faster and efficiently than any human could.

*** end quote ***

From an economic point of view, it’s a no brainer. 

Robot Burgger Makers are cheaper than “Human Resources”.

I’ve told the tale of AT&T and the Elevator Operators. http://wp.me/pg9z-2Eb

Those ladies were casualties of the Federal Minimum Wage diktat. I know one who never had the skills to get another job. Wonder who else that happened to?

Cui Bono?

So let’s look behind the scene as to why this ASTROTURF group is campaigning.

Clearly, the minimum wage burger flippers will be out of a job faster than you can say: “You want fries with that?”

Big Labor knows that a rise in the minimum wage will directly escalate the Union wage scale. And bureaucrats know that the Gooferment pay scales will all rise to “compete”. Big Unions knows bigger paychecks means bigger Union dues.

So once again, we find the roots of the “minimum wage problem”.

Now dare I say this is a racial or “Social Justice” issue. Not for it, but against it. What is the Black Youth Unemployment rate? Will increasing the minimum wage decrease that? Not likely! And, how is it justice to put people on the dole. 

Talk about “moral hazard”? It’s not even close. 

Argh!

# – # – # – # – #   

Please leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: