Chick-fil-A restaurant in CA will pay employees $17 an hour

[Toddsterpatriot]

I already refuted your lies about "Nevada Corporations", your lies about the Waltons owning the trucking portion of WalMart, your lies about the tax rates corporations pay, your lies about the taxes trusts pay.

I'm sure I could list more examples if I wanted to...…..

Why is Microsoft a Nevada Corporation?

Why is Walmart procurement, logistics, and transportation privately held LLC's?

It doesn't matter what tax rates are, it's what you pay. Almost every corporation in the US pays low single digit/revenue.

Family trusts funneled through a corporation pay the same as corporations.

Why is Microsoft a Nevada Corporation?

Tell me why?

Why is Walmart procurement, logistics, and transportation privately held LLC's?

Prove they are.

It doesn't matter what tax rates are, it's what you pay.

I agree.

Almost every corporation in the US pays low single digit/revenue.

We tax them on income, not on revenue.

Family trusts funneled through a corporation pay the same as corporations.

Which used to be 35%.

Already answered numerous time for you.

Back to the subject of the thread; We now know that fast food can pay a living wage.

No you don't. what we know is one guy is going to try to run a Chic-fil-a paying people $17 dollars an hour.

Give it a year or two to see if it works or not, and this is a specific case, and can't really be applied to other chains automatically.

If "one guy" can do it, why can't all the guys do it? Does he have a magic potion, or does the industry lie about profits?

If "one guy" can do it, why can't all the guys do it?

If workers at other places produce $10 of value an hour, paying them $17 is stupid and will soon run you out of business.

 

[Wyatt earp]

Why is Microsoft a Nevada Corporation?

Why is Walmart procurement, logistics, and transportation privately held LLC's?

It doesn't matter what tax rates are, it's what you pay. Almost every corporation in the US pays low single digit/revenue.

Family trusts funneled through a corporation pay the same as corporations.

Why is Microsoft a Nevada Corporation?

Tell me why?

Why is Walmart procurement, logistics, and transportation privately held LLC's?

Prove they are.

It doesn't matter what tax rates are, it's what you pay.

I agree.

Almost every corporation in the US pays low single digit/revenue.

We tax them on income, not on revenue.

Family trusts funneled through a corporation pay the same as corporations.

Which used to be 35%.

Already answered numerous time for you.

Back to the subject of the thread; We now know that fast food can pay a living wage.

No you don't. what we know is one guy is going to try to run a Chic-fil-a paying people $17 dollars an hour.

Give it a year or two to see if it works or not, and this is a specific case, and can't really be applied to other chains automatically.

If "one guy" can do it, why can't all the guys do it? Does he have a magic potion, or does the industry lie about profits?

You desperately want the fast food industry to have massive profits, so desperately that you keep reciting as an article of faith that the entire industry is lying about its profitability (in the face of all the government's auditors and regulations surrounding reporting), all without any corroborating evidence. Basically, you are claiming that the entire finance industry is one massive conspiracy, despite the fact that it cannot long survive on inaccurate or false reporting.

The fact is, the fast food industry as a whole does does not run on high profit margins. Only those who produce a high quality product and thus can charge higher prices are able to generate higher profits. The ones that go for the lowest prices also do not have high profit margins.

So is be trying to tell us these fast food joints made huge profits?

 

[Wyatt earp]

Why is Microsoft a Nevada Corporation?

Why is Walmart procurement, logistics, and transportation privately held LLC's?

It doesn't matter what tax rates are, it's what you pay. Almost every corporation in the US pays low single digit/revenue.

Family trusts funneled through a corporation pay the same as corporations.

Why is Microsoft a Nevada Corporation?

Tell me why?

Why is Walmart procurement, logistics, and transportation privately held LLC's?

Prove they are.

It doesn't matter what tax rates are, it's what you pay.

I agree.

Almost every corporation in the US pays low single digit/revenue.

We tax them on income, not on revenue.

Family trusts funneled through a corporation pay the same as corporations.

Which used to be 35%.

Already answered numerous time for you.

Back to the subject of the thread; We now know that fast food can pay a living wage.

No you don't. what we know is one guy is going to try to run a Chic-fil-a paying people $17 dollars an hour.

Give it a year or two to see if it works or not, and this is a specific case, and can't really be applied to other chains automatically.

If "one guy" can do it, why can't all the guys do it? Does he have a magic potion, or does the industry lie about profits?

If "one guy" can do it, why can't all the guys do it?

If workers at other places produce $10 of value an hour, paying them $17 is stupid and will soon run you out of business.

What Percentage of Small Businesses Fail? (And Other Need-to-Know Stats)

What is the Small Business Failure Rate?
20% of small businesses fail in their first year, 30% of small business fail in their second year, and 50% of small businesses fail after five years in business. Finally, 30% of small business owners will survive their 10th year in business

 

[Wyatt earp]

Finally a company that believes in jesus finally caring about the people doing the work.

It's NOT the company, the company sucks, it's a franchisee. Now we know that fast food can pay a living wage.

We will only know that if they stay in business.

and by paying $17 an hour they will attract harder workers, and will probably fire anyone who doesn't perform and replace with others who can.

Your standard $8.00 an hour get along get along fast food employee won't last here.

It's the publicity numb nuts! The story has gone world wide. This guy has has received millions in advertising by spending peanuts comparable. He's also let the proverbial cat out of the bag. Fast food CAN pay a living wage.

Sure, if you produce a superior product, charge higher prices, and demand better from your employees.

This Little Piggy Went to Market

If you can't, you have no right to be in business. But incompetents can make money by cheating their workers; that's why many are still in business despite the Free Market preachers pretending they can't make it.

How the hell is it cheating their workers to remain in bussiness?

 

[Toddsterpatriot]

Again, lets re-visit this a year from now and see if he's still above water.

How are we going to know? It's a private company.

The better question; Why would a business person put him/herself in financial failure? Paying $17.00/hr isn't financial failure because profits are huge.

We will know when they are still paying that and are still in business.

Plenty of business owners run some that fail, usually it's a vanity project they have on the side. Some sports teams run at a loss for decades, but the owner can afford it because they make their money somewhere else.

Again, this doesn't prove anything. this shows one guy paying above average wages at one location, for one franchise.

Your extrapolation of this to anything else is currently unfounded.

LOL!

Sports teams make hundreds of billions from direct and indirect taxpayer subsidies. That's why they're profitable (barring a winning year for ticket sales). The Knights and Raiders in Vegas are costing taxpayers billions. Thank God we have a Democrat that is pushing back and making the teams pay for their own roadways into the stadiums and not take the money from school budgets.

And again, if one guy can do it, why not all of the guys? You still haven't answered that question. You accuse me of "extrapolation."

Your push against paying workers a living wage sounds like Putin trying to annihilate western culture.

Plenty of sports teams have operated at a loss in the past. What has changed the metrics is today's large TV contracts, and those are all in trouble due to changing metrics in how people watch sports.

My issue is purely economic. How can government mandate people being paid more than the value of their labor without expecting either 1) businesses to close 2)prices to go up or 3) businesses to cut costs via reduction in quality or increases in productivity with parallel reductions on staffing?

No one is owed a living wage if they can't provide value of labor to justify their being employed.

How much do you pay the people that make you all of your money? Seems there is a chick owner that knows.

How much do you pay the people that make you all of your money?

Enough to meet your staffing needs, not so much that you go out of business.

 

[OnePercenter]

Why is Microsoft a Nevada Corporation?

Why is Walmart procurement, logistics, and transportation privately held LLC's?

It doesn't matter what tax rates are, it's what you pay. Almost every corporation in the US pays low single digit/revenue.

Family trusts funneled through a corporation pay the same as corporations.

Why is Microsoft a Nevada Corporation?

Tell me why?

Why is Walmart procurement, logistics, and transportation privately held LLC's?

Prove they are.

It doesn't matter what tax rates are, it's what you pay.

I agree.

Almost every corporation in the US pays low single digit/revenue.

We tax them on income, not on revenue.

Family trusts funneled through a corporation pay the same as corporations.

Which used to be 35%.

Already answered numerous time for you.

Back to the subject of the thread; We now know that fast food can pay a living wage.

No you don't. what we know is one guy is going to try to run a Chic-fil-a paying people $17 dollars an hour.

Give it a year or two to see if it works or not, and this is a specific case, and can't really be applied to other chains automatically.

If "one guy" can do it, why can't all the guys do it? Does he have a magic potion, or does the industry lie about profits?

You desperately want the fast food industry to have massive profits, so desperately that you keep reciting as an article of faith that the entire industry is lying about its profitability (in the face of all the government's auditors and regulations surrounding reporting), all without any corroborating evidence. Basically, you are claiming that the entire finance industry is one massive conspiracy, despite the fact that it cannot long survive on inaccurate or false reporting.

The fact is, the fast food industry as a whole does does not run on high profit margins. Only those who produce a high quality product and thus can charge higher prices are able to generate higher profits. The ones that go for the lowest prices also do not have high profit margins.

More Putin propaganda? All of Corporate America has massive profits. Keeping worker poor propagates Putin's plan to annihilate western culture. That makes you a commie. Ironically, my use of "commie" is the very first time it's been used correctly on the USMB.

The financial industry? Are you sure you want to go there? Need I remind you of the Bush bailouts of 2008?

 

[OnePercenter]

How are we going to know? It's a private company.

The better question; Why would a business person put him/herself in financial failure? Paying $17.00/hr isn't financial failure because profits are huge.

We will know when they are still paying that and are still in business.

Plenty of business owners run some that fail, usually it's a vanity project they have on the side. Some sports teams run at a loss for decades, but the owner can afford it because they make their money somewhere else.

Again, this doesn't prove anything. this shows one guy paying above average wages at one location, for one franchise.

Your extrapolation of this to anything else is currently unfounded.

LOL!

Sports teams make hundreds of billions from direct and indirect taxpayer subsidies. That's why they're profitable (barring a winning year for ticket sales). The Knights and Raiders in Vegas are costing taxpayers billions. Thank God we have a Democrat that is pushing back and making the teams pay for their own roadways into the stadiums and not take the money from school budgets.

And again, if one guy can do it, why not all of the guys? You still haven't answered that question. You accuse me of "extrapolation."

Your push against paying workers a living wage sounds like Putin trying to annihilate western culture.

Plenty of sports teams have operated at a loss in the past. What has changed the metrics is today's large TV contracts, and those are all in trouble due to changing metrics in how people watch sports.

My issue is purely economic. How can government mandate people being paid more than the value of their labor without expecting either 1) businesses to close 2)prices to go up or 3) businesses to cut costs via reduction in quality or increases in productivity with parallel reductions on staffing?

No one is owed a living wage if they can't provide value of labor to justify their being employed.

How much do you pay the people that make you all of your money? Seems there is a chick owner that knows.

I don't own a business myself, i work in Engineering, Construction to be exact, and know the basics of economics.

Again, HE HASN'T PROVEN ANYTHING YET!

He started paying $17.00/hr TODAY. The fire storm for livable wages for the middle class has started.

 

[hadit]

Finally a company that believes in jesus finally caring about the people doing the work.

It's NOT the company, the company sucks, it's a franchisee. Now we know that fast food can pay a living wage.

We will only know that if they stay in business.

and by paying $17 an hour they will attract harder workers, and will probably fire anyone who doesn't perform and replace with others who can.

Your standard $8.00 an hour get along get along fast food employee won't last here.

It's the publicity numb nuts! The story has gone world wide. This guy has has received millions in advertising by spending peanuts comparable. He's also let the proverbial cat out of the bag. Fast food CAN pay a living wage.

Sure, if you produce a superior product, charge higher prices, and demand better from your employees.

This Little Piggy Went to Market

If you can't, you have no right to be in business. But incompetents can make money by cheating their workers; that's why many are still in business despite the Free Market preachers pretending they can't make it.

How many highly successful businesses have you built and operate, charging the lowest prices and paying the highest wages? Obviously, it's easy and everyone is doing it.

 

[martybegan]

We will know when they are still paying that and are still in business.

Plenty of business owners run some that fail, usually it's a vanity project they have on the side. Some sports teams run at a loss for decades, but the owner can afford it because they make their money somewhere else.

Again, this doesn't prove anything. this shows one guy paying above average wages at one location, for one franchise.

Your extrapolation of this to anything else is currently unfounded.

LOL!

Sports teams make hundreds of billions from direct and indirect taxpayer subsidies. That's why they're profitable (barring a winning year for ticket sales). The Knights and Raiders in Vegas are costing taxpayers billions. Thank God we have a Democrat that is pushing back and making the teams pay for their own roadways into the stadiums and not take the money from school budgets.

And again, if one guy can do it, why not all of the guys? You still haven't answered that question. You accuse me of "extrapolation."

Your push against paying workers a living wage sounds like Putin trying to annihilate western culture.

Plenty of sports teams have operated at a loss in the past. What has changed the metrics is today's large TV contracts, and those are all in trouble due to changing metrics in how people watch sports.

My issue is purely economic. How can government mandate people being paid more than the value of their labor without expecting either 1) businesses to close 2)prices to go up or 3) businesses to cut costs via reduction in quality or increases in productivity with parallel reductions on staffing?

No one is owed a living wage if they can't provide value of labor to justify their being employed.

How much do you pay the people that make you all of your money? Seems there is a chick owner that knows.

I don't own a business myself, i work in Engineering, Construction to be exact, and know the basics of economics.

Again, HE HASN'T PROVEN ANYTHING YET!

He started paying $17.00/hr TODAY. The fire storm for livable wages for the middle class has started.

And as I said, that does ZERO to prove that it is a viable business model.

And if the best you can hope for is a $17 an hour fast food job, you are not middle class, and you will never be middle class.

 

[OnePercenter]

Why is Microsoft a Nevada Corporation?

Tell me why?

Why is Walmart procurement, logistics, and transportation privately held LLC's?

Prove they are.

It doesn't matter what tax rates are, it's what you pay.

I agree.

Almost every corporation in the US pays low single digit/revenue.

We tax them on income, not on revenue.

Family trusts funneled through a corporation pay the same as corporations.

Which used to be 35%.

Already answered numerous time for you.

Back to the subject of the thread; We now know that fast food can pay a living wage.

No you don't. what we know is one guy is going to try to run a Chic-fil-a paying people $17 dollars an hour.

Give it a year or two to see if it works or not, and this is a specific case, and can't really be applied to other chains automatically.

If "one guy" can do it, why can't all the guys do it? Does he have a magic potion, or does the industry lie about profits?

You desperately want the fast food industry to have massive profits, so desperately that you keep reciting as an article of faith that the entire industry is lying about its profitability (in the face of all the government's auditors and regulations surrounding reporting), all without any corroborating evidence. Basically, you are claiming that the entire finance industry is one massive conspiracy, despite the fact that it cannot long survive on inaccurate or false reporting.

The fact is, the fast food industry as a whole does does not run on high profit margins. Only those who produce a high quality product and thus can charge higher prices are able to generate higher profits. The ones that go for the lowest prices also do not have high profit margins.

he also ignores that most of these chains run on the Franchise model, and the Franchisee's operate on far smaller margins than the parent companies do.

But like a good little socialist, he ignores the people who deserve the profits for the risk they take, and instead want's the government to dictate how they make a living.

Franchisee's operate on far smaller margins than the parent companies do.

Bullshit!

But like a good little socialist, he ignores the people who deserve the profits for the risk they take, and instead want's the government to dictate how they make a living.

Sorry chuckles, I'm a capitalist racketeer.

You are saying that investors should get a bigger chunk than the people that do the work?

 

[hadit]

Why is Microsoft a Nevada Corporation?

Tell me why?

Why is Walmart procurement, logistics, and transportation privately held LLC's?

Prove they are.

It doesn't matter what tax rates are, it's what you pay.

I agree.

Almost every corporation in the US pays low single digit/revenue.

We tax them on income, not on revenue.

Family trusts funneled through a corporation pay the same as corporations.

Which used to be 35%.

Already answered numerous time for you.

Back to the subject of the thread; We now know that fast food can pay a living wage.

No you don't. what we know is one guy is going to try to run a Chic-fil-a paying people $17 dollars an hour.

Give it a year or two to see if it works or not, and this is a specific case, and can't really be applied to other chains automatically.

If "one guy" can do it, why can't all the guys do it? Does he have a magic potion, or does the industry lie about profits?

You desperately want the fast food industry to have massive profits, so desperately that you keep reciting as an article of faith that the entire industry is lying about its profitability (in the face of all the government's auditors and regulations surrounding reporting), all without any corroborating evidence. Basically, you are claiming that the entire finance industry is one massive conspiracy, despite the fact that it cannot long survive on inaccurate or false reporting.

The fact is, the fast food industry as a whole does does not run on high profit margins. Only those who produce a high quality product and thus can charge higher prices are able to generate higher profits. The ones that go for the lowest prices also do not have high profit margins.

More Putin propaganda? All of Corporate America has massive profits. Keeping worker poor propagates Putin's plan to annihilate western culture. That makes you a commie. Ironically, my use of "commie" is the very first time it's been used correctly on the USMB.

The financial industry? Are you sure you want to go there? Need I remind you of the Bush bailouts of 2008?

And you heard this where? I insist on evidence.

 

[martybegan]

Already answered numerous time for you.

Back to the subject of the thread; We now know that fast food can pay a living wage.

No you don't. what we know is one guy is going to try to run a Chic-fil-a paying people $17 dollars an hour.

Give it a year or two to see if it works or not, and this is a specific case, and can't really be applied to other chains automatically.

If "one guy" can do it, why can't all the guys do it? Does he have a magic potion, or does the industry lie about profits?

You desperately want the fast food industry to have massive profits, so desperately that you keep reciting as an article of faith that the entire industry is lying about its profitability (in the face of all the government's auditors and regulations surrounding reporting), all without any corroborating evidence. Basically, you are claiming that the entire finance industry is one massive conspiracy, despite the fact that it cannot long survive on inaccurate or false reporting.

The fact is, the fast food industry as a whole does does not run on high profit margins. Only those who produce a high quality product and thus can charge higher prices are able to generate higher profits. The ones that go for the lowest prices also do not have high profit margins.

he also ignores that most of these chains run on the Franchise model, and the Franchisee's operate on far smaller margins than the parent companies do.

But like a good little socialist, he ignores the people who deserve the profits for the risk they take, and instead want's the government to dictate how they make a living.

Franchisee's operate on far smaller margins than the parent companies do.

Bullshit!

But like a good little socialist, he ignores the people who deserve the profits for the risk they take, and instead want's the government to dictate how they make a living.

Sorry chuckles, I'm a capitalist racketeer.

You are saying that investors should get a bigger chunk than the people that do the work?

It's true. Try proving it's bullshit.

They should get whatever piece they can, because they are the ones taking the risk, not the employee.

The employee earned money is just that, earned and gone. It can't be taken back.

The owners investment can disappear. In most smaller businesses they also do a lot of the management and such, so yes, they deserve more.

 

[hadit]

It's NOT the company, the company sucks, it's a franchisee. Now we know that fast food can pay a living wage.

We will only know that if they stay in business.

and by paying $17 an hour they will attract harder workers, and will probably fire anyone who doesn't perform and replace with others who can.

Your standard $8.00 an hour get along get along fast food employee won't last here.

It's the publicity numb nuts! The story has gone world wide. This guy has has received millions in advertising by spending peanuts comparable. He's also let the proverbial cat out of the bag. Fast food CAN pay a living wage.

Sure, if you produce a superior product, charge higher prices, and demand better from your employees.

This Little Piggy Went to Market

If you can't, you have no right to be in business. But incompetents can make money by cheating their workers; that's why many are still in business despite the Free Market preachers pretending they can't make it.

How the hell is it cheating their workers to remain in bussiness?

Apparently, it is preferable to go out of business, this ensuring that no one has a job, than to pare the workforce down to the most essential and pay them what their labor is actually worth, and stay in business.

 

[hadit]

No you don't. what we know is one guy is going to try to run a Chic-fil-a paying people $17 dollars an hour.

Give it a year or two to see if it works or not, and this is a specific case, and can't really be applied to other chains automatically.

If "one guy" can do it, why can't all the guys do it? Does he have a magic potion, or does the industry lie about profits?

You desperately want the fast food industry to have massive profits, so desperately that you keep reciting as an article of faith that the entire industry is lying about its profitability (in the face of all the government's auditors and regulations surrounding reporting), all without any corroborating evidence. Basically, you are claiming that the entire finance industry is one massive conspiracy, despite the fact that it cannot long survive on inaccurate or false reporting.

The fact is, the fast food industry as a whole does does not run on high profit margins. Only those who produce a high quality product and thus can charge higher prices are able to generate higher profits. The ones that go for the lowest prices also do not have high profit margins.

he also ignores that most of these chains run on the Franchise model, and the Franchisee's operate on far smaller margins than the parent companies do.

But like a good little socialist, he ignores the people who deserve the profits for the risk they take, and instead want's the government to dictate how they make a living.

Franchisee's operate on far smaller margins than the parent companies do.

Bullshit!

But like a good little socialist, he ignores the people who deserve the profits for the risk they take, and instead want's the government to dictate how they make a living.

Sorry chuckles, I'm a capitalist racketeer.

You are saying that investors should get a bigger chunk than the people that do the work?

It's true. Try proving it's bullshit.

They should get whatever piece they can, because they are the ones taking the risk, not the employee.

The employee earned money is just that, earned and gone. It can't be taken back.

The owners investment can disappear. In most smaller businesses they also do a lot of the management and such, so yes, they deserve more.

If it was as easy and risk free as some of these like to pretend, we'd all be millionaires.

 

[OnePercenter]

Already answered numerous time for you.

Back to the subject of the thread; We now know that fast food can pay a living wage.

No you don't. what we know is one guy is going to try to run a Chic-fil-a paying people $17 dollars an hour.

Give it a year or two to see if it works or not, and this is a specific case, and can't really be applied to other chains automatically.

If "one guy" can do it, why can't all the guys do it? Does he have a magic potion, or does the industry lie about profits?

You desperately want the fast food industry to have massive profits, so desperately that you keep reciting as an article of faith that the entire industry is lying about its profitability (in the face of all the government's auditors and regulations surrounding reporting), all without any corroborating evidence. Basically, you are claiming that the entire finance industry is one massive conspiracy, despite the fact that it cannot long survive on inaccurate or false reporting.

The fact is, the fast food industry as a whole does does not run on high profit margins. Only those who produce a high quality product and thus can charge higher prices are able to generate higher profits. The ones that go for the lowest prices also do not have high profit margins.

he also ignores that most of these chains run on the Franchise model, and the Franchisee's operate on far smaller margins than the parent companies do.

But like a good little socialist, he ignores the people who deserve the profits for the risk they take, and instead want's the government to dictate how they make a living.

He also seems to think that a business owner opens a store and sits back, watching the money roll in. He apparently cannot conceive of the reality that a new business owner will often not even take a salary for a long time until he generates enough revenue to pay himself. During that time, the employees have to be paid regularly, and can end up making more than he does.

Smart business owners:

1) Have sufficient capital. (access to at least five years operating capital)
2) know who to hire. (which can be farmed out)
3) Never, ever, ever hire relatives.

NO business owner makes less than his/her employees.

 

[martybegan]

No you don't. what we know is one guy is going to try to run a Chic-fil-a paying people $17 dollars an hour.

Give it a year or two to see if it works or not, and this is a specific case, and can't really be applied to other chains automatically.

If "one guy" can do it, why can't all the guys do it? Does he have a magic potion, or does the industry lie about profits?

You desperately want the fast food industry to have massive profits, so desperately that you keep reciting as an article of faith that the entire industry is lying about its profitability (in the face of all the government's auditors and regulations surrounding reporting), all without any corroborating evidence. Basically, you are claiming that the entire finance industry is one massive conspiracy, despite the fact that it cannot long survive on inaccurate or false reporting.

The fact is, the fast food industry as a whole does does not run on high profit margins. Only those who produce a high quality product and thus can charge higher prices are able to generate higher profits. The ones that go for the lowest prices also do not have high profit margins.

he also ignores that most of these chains run on the Franchise model, and the Franchisee's operate on far smaller margins than the parent companies do.

But like a good little socialist, he ignores the people who deserve the profits for the risk they take, and instead want's the government to dictate how they make a living.

He also seems to think that a business owner opens a store and sits back, watching the money roll in. He apparently cannot conceive of the reality that a new business owner will often not even take a salary for a long time until he generates enough revenue to pay himself. During that time, the employees have to be paid regularly, and can end up making more than he does.

Smart business owners:

1) Have sufficient capital. (access to at least five years operating capital)
2) know who to hire. (which can be farmed out)
3) Never, ever, ever hire relatives.

NO business owner makes less than his/her employees.

No, those are established business owners not currently expanding.

Your rules are like your viewpoints, made up, and stupid.

 

[OnePercenter]

If "one guy" can do it, why can't all the guys do it? Does he have a magic potion, or does the industry lie about profits?

You desperately want the fast food industry to have massive profits, so desperately that you keep reciting as an article of faith that the entire industry is lying about its profitability (in the face of all the government's auditors and regulations surrounding reporting), all without any corroborating evidence. Basically, you are claiming that the entire finance industry is one massive conspiracy, despite the fact that it cannot long survive on inaccurate or false reporting.

The fact is, the fast food industry as a whole does does not run on high profit margins. Only those who produce a high quality product and thus can charge higher prices are able to generate higher profits. The ones that go for the lowest prices also do not have high profit margins.

he also ignores that most of these chains run on the Franchise model, and the Franchisee's operate on far smaller margins than the parent companies do.

But like a good little socialist, he ignores the people who deserve the profits for the risk they take, and instead want's the government to dictate how they make a living.

He also seems to think that a business owner opens a store and sits back, watching the money roll in. He apparently cannot conceive of the reality that a new business owner will often not even take a salary for a long time until he generates enough revenue too pay himself. During that time, the employees have to be paid regularly, and can end up making more than he does.

And that employees can't have their earnings taken back if the company fails, but an owner can have their assets taken, even if properly protected via incorporating, (they usually have to use personal property as collateral to start the business in the first place)

True. That's why wealthy business owners are relatively rare. Most fail several times before they finally get everything lined up and running right.

Idiots seem to think it's easy. If it was, everyone would be doing it.

wealthy business owners are relatively rare

What color is the sky in your world?

Every business owner that I know is wealthy.

 

[martybegan]

You desperately want the fast food industry to have massive profits, so desperately that you keep reciting as an article of faith that the entire industry is lying about its profitability (in the face of all the government's auditors and regulations surrounding reporting), all without any corroborating evidence. Basically, you are claiming that the entire finance industry is one massive conspiracy, despite the fact that it cannot long survive on inaccurate or false reporting.

The fact is, the fast food industry as a whole does does not run on high profit margins. Only those who produce a high quality product and thus can charge higher prices are able to generate higher profits. The ones that go for the lowest prices also do not have high profit margins.

he also ignores that most of these chains run on the Franchise model, and the Franchisee's operate on far smaller margins than the parent companies do.

But like a good little socialist, he ignores the people who deserve the profits for the risk they take, and instead want's the government to dictate how they make a living.

He also seems to think that a business owner opens a store and sits back, watching the money roll in. He apparently cannot conceive of the reality that a new business owner will often not even take a salary for a long time until he generates enough revenue too pay himself. During that time, the employees have to be paid regularly, and can end up making more than he does.

And that employees can't have their earnings taken back if the company fails, but an owner can have their assets taken, even if properly protected via incorporating, (they usually have to use personal property as collateral to start the business in the first place)

True. That's why wealthy business owners are relatively rare. Most fail several times before they finally get everything lined up and running right.

Idiots seem to think it's easy. If it was, everyone would be doing it.

wealthy business owners are relatively rare

What color is the sky in your world?

Every business owner that I know is wealthy.

When your top position ever had is fry cook (assistant) everyone may appear wealthy.

 

[OnePercenter]

Already answered numerous time for you.

Back to the subject of the thread; We now know that fast food can pay a living wage.

No you don't. what we know is one guy is going to try to run a Chic-fil-a paying people $17 dollars an hour.

Give it a year or two to see if it works or not, and this is a specific case, and can't really be applied to other chains automatically.

If "one guy" can do it, why can't all the guys do it? Does he have a magic potion, or does the industry lie about profits?

Different margins, different workforces.

Plus as the one guy paying the above average wages he can attract the best, so he will get a better level of employee.

It's the one thing that may make it work.

The real question is will he get back in value added from his labor the increased costs of his labor.

If his labor costs more than they produce, then either he has to cut costs elsewhere or operate at a loss.

Margins are the same. Different work forces are a cheap excuse for not knowing how to hire.

Contradicting Rightist Dogma, Profits Rose After Pay Hikes

Before pro athletes unionized, the lazy freeloading owners didn't bother to find out all the ways they could make more money. So pressure from labor also forces management to improve its separate revenue-producing skills. Free Marketeers pretend the bosses respond in a crisis, but prove by their sheltering that they know the average businessman is mediocre and will collapse under new pressures.

separate revenue-producing skills.

Code name: Taxpayer Subsidies.

 

[OnePercenter]

It's NOT the company, the company sucks, it's a franchisee. Now we know that fast food can pay a living wage.

We will only know that if they stay in business.

and by paying $17 an hour they will attract harder workers, and will probably fire anyone who doesn't perform and replace with others who can.

Your standard $8.00 an hour get along get along fast food employee won't last here.

It's the publicity numb nuts! The story has gone world wide. This guy has has received millions in advertising by spending peanuts comparable. He's also let the proverbial cat out of the bag. Fast food CAN pay a living wage.

Again, lets re-visit this a year from now and see if he's still above water.

How are we going to know? It's a private company.

The better question; Why would a business person put him/herself in financial failure? Paying $17.00/hr isn't financial failure because profits are huge.

You are so full of shit, if they were, where are all the mansions and Lamborghini's being driven around in the middle of no where?

Here's one

How many more do you want?