Tue Jul 30, 2013, 01:23 PM
hedgehog (36,286 posts)
I'm seeing a lot of info about how much the price of a Big Mac would rise
if McDonald's doubled wages.
What i want to know is, how much would the price rise if McDonald's served actual food?
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10 replies, 1506 views
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Author | Time | Post |
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hedgehog | Jul 2013 | OP |
kentuck | Jul 2013 | #1 | |
DrDan | Jul 2013 | #2 | |
customerserviceguy | Jul 2013 | #3 | |
Robb | Jul 2013 | #4 | |
Hydra | Jul 2013 | #5 | |
Robb | Jul 2013 | #7 | |
leftstreet | Jul 2013 | #9 | |
Rex | Jul 2013 | #6 | |
Initech | Jul 2013 | #8 | |
Bunnahabhain | Jul 2013 | #10 |
Response to hedgehog (Original post)
Tue Jul 30, 2013, 01:25 PM
kentuck (108,560 posts)
1. Good question.
They are saying if the wages doubled, it would only raise the price 68 cents per burger. I guess if they raised the wages to only $11.00 per hour, it would only raise the price 34 cents?
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Response to kentuck (Reply #1)
Tue Jul 30, 2013, 02:03 PM
DrDan (20,411 posts)
2. this morning I heard it would be 17 cents per item should wages go to $15/hr
Response to hedgehog (Original post)
Tue Jul 30, 2013, 02:55 PM
customerserviceguy (25,182 posts)
3. While the percentage of increase
wouldn't be terrible on a Big Mac, you could indeed say goodbye to that loss leader known as the "value menu". I know a lot of people here trash McDonald's food, but that low-priced alternative is the difference between starvation and feeling modestly full (admittedly, of somewhat empty calories) for quite a few people.
Clearly, raising the wages of fast-food workers is only part of the solution. |
Response to hedgehog (Original post)
Tue Jul 30, 2013, 02:58 PM
Robb (39,665 posts)
4. Oh, c'mon. McDonalds' 2012 profit was $5.5 billion.
How about tightening the belt at the top, rather than the bottom?
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Response to Robb (Reply #4)
Tue Jul 30, 2013, 03:24 PM
Hydra (14,459 posts)
5. *Pssst...*
You're touching the sacred cow there Robb!
Without billions in profit, how could the "job creators" be expected to get out of bed to check how their wealth is multiplying by their "hard work"? |
Response to Hydra (Reply #5)
Tue Jul 30, 2013, 03:28 PM
Robb (39,665 posts)
7. *cough* COSTCO *cough*
Response to hedgehog (Original post)
Tue Jul 30, 2013, 03:26 PM
Rex (65,616 posts)
6. Ya, same crap I heard back in the 80s & 90s from trickledown shitheads
that were unqualified to discuss the economy.
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Response to hedgehog (Original post)
Tue Jul 30, 2013, 04:11 PM
Initech (95,559 posts)
8. How much would the profits suffer if McDonald's paid their employees real wages?
Fuck this Ayn Rand anti worker garbage.
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Response to hedgehog (Original post)
Tue Jul 30, 2013, 04:13 PM
Bunnahabhain (857 posts)
10. Serving actual food is not in their business model.
Time and space as we know it would implode.
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