No wonder you can now easily pay $25.00-$30.00 for two people to eat at a fast food joint.

[DudleySmith]

Government intervention in wages is NOT a free market.

Neither is monopolies rigging prices, and in the case of some tech industries rigging wages. And, waged lag behind inflation, and currently they lag far behind, so the sniveling over 'minimum wages' is largely bogus.

 

[DudleySmith]

A store manager of an In-N-Out makes over $100,000 a year. It's been this way for years. Nothing new or recent.

I've seen their operations; $100K a year is a good deal for the franchise owners, and the limited menu concept works pretty well. FoodbBusinesses that try to sell Everything at once usually do none of them well. I read a history of the In And Out chain and how it started; they were tiny places, and didn't stock a lot of inventory. the founders also payed well, better than the average pay for those jobs, which is why they had low turnover and many employees ended up with their own franchises. But, they started out in the 1950's, before giant francises ran around crushing small indie companies and start ups. they had room stay open and build a brand, and didn't assume huge debt, expanding on current revenue and surplus. The older guys are all dead now, of course, but the new owners are still somewhat staying with the 'Keep it simple, stupid' policy.

 

[DudleySmith]

Offer $7.00. Get no one to apply and go out of business.

Agree. Minimum wage is still at $7.25 an hour; nothing is stopping these ' big experts' from paying that. Move to Mississipi or Georgia and get rich paying those uppity peasants $7.25 an hour. Hey, even better, have them work for tips, then you only have to pay $2.13 an hour, that's close to Red Chinese slave labor wages, around $1.25 an hour except of course for all those fines for eating, taking a leak, getting sick and not doing your full 14 hour shifts, etc., and paying rent for your cot in the compounds they keep you in, the ones with the barbed wire around the walls in case you decide not to honor your 'contract'. You can really get rich then. go for it. lol

There are 7 states that have no minimum-wage law or a minimum wage below the federal minimum wage. The federal minimum wage applies in all of these states.

Alabama, Georgia, Louisiana, Mississippi, South Carolina, Tennessee, and Wyoming

Minimum Wage Tracker

www.epi.org

 

[The Sage of Main Street]

Neither is monopolies rigging prices, and in the case of some tech industries rigging wages. And, waged lag behind inflation, and currently they lag far behind, so the sniveling over 'minimum wages' is largely bogus.

Management by Imagination

The wage-gougers glorify white-collar duds who pass ungrammatical e-mails to one another and call themselves "producers."