That is for a complete Big Mac meal. Can you not comprehend the difference between a meal with a Big Mac, fries and a coke and just a burrito?
I find it very tough to believe that you are this stupid, either that or you lie intentionally and twist facts to fit win an argument. Fortunately most people are smarter than you and your slimy tactics.
Maybe basic a basic English class would help you.
"just a burrito?"
It seems to me only fat people, children and McDonald's ad agency would call a McDonalds combo, a meal but-----but I'm concerned for the health and mental health of the righties on this thread, it seems righties don't recognize that to build a healthy, organic burrito, you start with a tortilla, add meat, cheese, veggies, beans, rice and-----and other stuff of your choice. for example; if I were ordering a "Life Is Good" Boloco Burrito, my organic steak and organic fajita vegetables and organic... organic other stuff would look something like --
1x Life Is Good Burrito $8.00
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Original Size BURRITO, Wheat Tortilla, Add Grilled Steak, Add Extra Fajita Vegetables, Add Caramelized Onions, Add Romaine Lettuce, Add Carrots, Add Celery, Add Cucumbers, Add Broccoli, Add Pinto Beans, Add Habanero Salsa, Add Tomato Salsa, Add Sour Cream, Add Jack/Cheddar Cheese, Add Sliced Tomatoes, Add Spicy Mayo, Add Olives, Add Boloco Rice
SUB TOTAL
$8.00
COUPON
-$0.00
TAX
$0.56
TOTAL
$8.56
OTOH if you're like the rightwingers on this thread, and you think a Big Mac combo is a meal then
enjoy-----enjoy your "Two all-beef patties, mystery sauce, lettuce, cheese-like product, pickles, onions – on a white flour sesame seed bun", that is if-----if you like fat, calories and cottage cheese thighs
But-----but back to the subject... If McDonald's doubled wages for all employees, including CEO Don Thompson [$9 million], Big Macs would cost 68 cents more, increasing from $3.99 to $4.67, reports Caroline Fairchild at The Huffington Post.
Dollar Menu items would cost 17 cents more, according to HuffPo.
Fairchild cites a University of Kansas researcher, who crunched numbers to see what would happen if McDonald's doubled the salary of every employee then passed that cost on entirely to consumers.
Only 17% of McDonald's revenue goes toward salary and benefits, according to the report.
That means that the company could increase wages without passing that cost to consumers, and simply make a smaller profit.
McDonald's CEO Don Thompson told Bloomberg TV last week that the company is an “above minimum-wage employer.”
McDonald's pays an average hourly wage of $7.81, according to Glassdoor. This puts it just above the national average of about $7.50.
.
Fairchild cites a University of Kansas researcher,
Errors in McDonald's Wage Analysis
On Monday, The Huffington Post published a story entitled "Doubling McDonald's Salaries Would Cause Your Big Mac To Cost Just 68¢ More." HuffPost has since learned that the research used as the basis of the story contains significant errors that cast doubts on its claims. This story has replaced the one originally published in this space.
The story drew on data presented by
Arnobio Morelix, an undergraduate student from The University Of Kansas who identified himself as a researcher for the school. In an interview, Morelix told the HuffPost that only 17.1 percent of McDonald's revenue goes toward salaries and benefits, meaning that for every dollar McDonald's earns, a little more than 17 cents goes toward the income and benefits of its employees.
However, as the Columbia Journalism Review subsequently noted, Morelix's analysis only takes into account the payroll and employee benefits of McDonald's company-operated stores while excluding franchise businesses. Prior to publication, HuffPost asked Morelix if his analysis included franchises and he said it did. He later conceded it did not. McDonald's franchises make up more than 80 percent of McDonald's restaurants worldwide. This means that a majority of the payroll and employee benefits of McDonald's workers are not included in Morelix's findings.
A typical fast-food restaurant spends 30 to 35 percent of its income on labor, according to a recent release from the Employment Policies Institute, a research organization whose work is often cited by those who argue against increasing the minimum wage. The institute estimates that small-business owners who run McDonald's franchises spend about a third of their income on wages, which would mean the price of a Big Mac would go up by $1.28 to $5.27.
A doubling of wages at McDonald's would almost certainly involve some layoffs, asserts Dean Baker, co-director of the Center for Economic and Policy Research and a HuffPost blogger. At the same time, more workers would stay in their jobs longer, Baker added.
Experts generally assume that roughly one-third of the cost of increased wages gets passed on to consumers, with much of the rest of cutting into profits, Baker said. Regardless, McDonaldÂ’s is so vast and lucrative that it could easily survive a major wage increase, Baker added.
“The idea that it’d put McDonald’s out of business, there’d be no way,” said Baker.
By the reckoning of Bonnie Riggs, a restaurant industry analyst at market information and advisory firm the NPD Group, a doubling of wages for all McDonald's workers is "not even in the realm of feasibility." With fewer and fewer Americans eating out at restaurants due to factors like the payroll tax hike and increases in gas prices, Riggs said restaurants like McDonald's are trying to discount prices as much as possible to get customers through the door. This means the company's profit margins could not withstand a labor cost increase of this magnitude, she added.
Errors in McDonald's Wage Analysis
