Socialism Big Mac $4.47, Capitalism Big Mac $4.62. $16 HR vs. $7.25 HR

[AntiParty]

True? False? Substance?

I know America's big talk has been that prices MUST go up if the workers get paid more. I also know this is ignorance.

Can't wait for people to call me a Socialist because I'm making a Crony Capitalism point, and again, if you prove the point wrong, I'll say THANK YOU. I love information.

 

[Paperman299]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

 

[AntiParty]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

Raising the Minimum wage here will always result in the Corporate heads raising prices to ensure their over elaborate lifestyle will not change. Millions of workers could live better if they just live a bit more modest, yet still super rich.

 

[Zander]

well, a big mac doesn't cost $4.62. - it cost $3.99

Labor is approx 18-20% of cost for McD's franchises.

 

[AntiParty]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

well, a big mac doesn't cost $4.62. - it cost $3.99

Labor is approx 18-20% of cost for McD's franchises.

Labor is generally the biggest cost to a business. Are you stating that Lobbying efforts cost more than labor or do you have any substance here?

I know my corporation spend a TON in Lobbying. But they get paid more in return. Politics 101.

 

[AntiParty]

This is simply something the Left is sharing. I'm sure it's the highest priced big mac in America vs. the lowest price in Aus.

But I'm not sure the point is different after acknowledging that.

 

[Zander]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

well, a big mac doesn't cost $4.62. - it cost $3.99

Labor is approx 18-20% of cost for McD's franchises.

Labor is generally the biggest cost to a business. Are you stating that Lobbying efforts cost more than labor or do you have any substance here?

I know my corporation spend a TON in Lobbying. But they get paid more in return. Politics 101.

According to this article......That McDonald s Salary Study Gets It Wrong - Restaurant Industry Insight News and Analysis - July 2013

McD's franchises spend about 20% on labor....

 

[Paperman299]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

Raising the Minimum wage here will always result in the Corporate heads raising prices to ensure their over elaborate lifestyle will not change. Millions of workers could live better if they just live a bit more modest, yet still super rich.

The only age group making more than $16/hr at an Australian McDonald's are those over 20 years old. Here's the visual aid linked in the article. Teenagers are making something more like half that, and they are apparently the preferred hire for Mickey D's down there.

I disagree that raising the minimum wage causes a proportionate rise in prices. If a company can charge higher for a product or service, than they do, right? Anyway, their profits are already incredible. Paying a living wage should be no great burden.

 

[AntiParty]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

well, a big mac doesn't cost $4.62. - it cost $3.99

Labor is approx 18-20% of cost for McD's franchises.

Labor is generally the biggest cost to a business. Are you stating that Lobbying efforts cost more than labor or do you have any substance here?

I know my corporation spend a TON in Lobbying. But they get paid more in return. Politics 101.

According to this article......That McDonald s Salary Study Gets It Wrong - Restaurant Industry Insight News and Analysis - July 2013

McD's franchises spend about 20% on labor....

Oh..........you didn't read the title.........a new low for title reading Republicans.

The OP had nothing to do with % of pay. I knew before reading a title such as "Patriot Act" or "Right to Farm" or "Right to work" or "Operation Iranian Freedom" was hard for some who couldn't read past a title, but the information here is in the title and inside a small minded MEME................

Regression.

 

[AntiParty]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

Raising the Minimum wage here will always result in the Corporate heads raising prices to ensure their over elaborate lifestyle will not change. Millions of workers could live better if they just live a bit more modest, yet still super rich.

The only age group making more than $16/hr at an Australian McDonald's are those over 20 years old. Here's the visual aid linked in the article. Teenagers are making something more like half that, and they are apparently the preferred hire for Mickey D's down there.

I disagree that raising the minimum wage causes a proportionate rise in prices. If a company can charge higher for a product or service, than they do, right? Anyway, their profits are already incredible. Paying a living wage should be no great burden.

So do you know the average age group working at McDonalds here in America after NAFTA?

 

[Paperman299]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

Raising the Minimum wage here will always result in the Corporate heads raising prices to ensure their over elaborate lifestyle will not change. Millions of workers could live better if they just live a bit more modest, yet still super rich.

The only age group making more than $16/hr at an Australian McDonald's are those over 20 years old. Here's the visual aid linked in the article. Teenagers are making something more like half that, and they are apparently the preferred hire for Mickey D's down there.

I disagree that raising the minimum wage causes a proportionate rise in prices. If a company can charge higher for a product or service, than they do, right? Anyway, their profits are already incredible. Paying a living wage should be no great burden.

So do you know the average age group working at McDonalds here in America after NAFTA?

No? If I'm reading you right, the point that you're making is that the median age of a McDonald's employee is likely higher here than it is in Australia, which means our employees are relatively underpaid. And I agree they're underpaid, but I don't like using this metric to justify it, and here's why: Wouldn't we expect the ages of people McDonald's chooses to higher to be much lower if our minimum wage laws were structured like they are down under?

 

[Paperman299]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

well, a big mac doesn't cost $4.62. - it cost $3.99

Labor is approx 18-20% of cost for McD's franchises.

Labor is generally the biggest cost to a business. Are you stating that Lobbying efforts cost more than labor or do you have any substance here?

I know my corporation spend a TON in Lobbying. But they get paid more in return. Politics 101.

According to this article......That McDonald s Salary Study Gets It Wrong - Restaurant Industry Insight News and Analysis - July 2013

McD's franchises spend about 20% on labor....

Oh..........you didn't read the title.........a new low for title reading Republicans.

The OP had nothing to do with % of pay. I knew before reading a title such as "Patriot Act" or "Right to Farm" or "Right to work" or "Operation Iranian Freedom" was hard for some who couldn't read past a title, but the information here is in the title and inside a small minded MEME................

Regression.

He's responding to something I said in post #2, and evidence you asked for in post #5...

 

[AntiParty]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

Raising the Minimum wage here will always result in the Corporate heads raising prices to ensure their over elaborate lifestyle will not change. Millions of workers could live better if they just live a bit more modest, yet still super rich.

The only age group making more than $16/hr at an Australian McDonald's are those over 20 years old. Here's the visual aid linked in the article. Teenagers are making something more like half that, and they are apparently the preferred hire for Mickey D's down there.

I disagree that raising the minimum wage causes a proportionate rise in prices. If a company can charge higher for a product or service, than they do, right? Anyway, their profits are already incredible. Paying a living wage should be no great burden.

So do you know the average age group working at McDonalds here in America after NAFTA?

No? If I'm reading you right, the point that you're making is that the median age of a McDonald's employee is likely higher here than it is in Australia, which means our employees are relatively underpaid. And I agree they're underpaid, but I don't like using this metric to justify it, and here's why: Wouldn't we expect the ages of people McDonald's chooses to higher to be much lower if our minimum wage laws were structured like they are down under?

No one can read me because I don't try to teach people. I rely on factual information.

The average worker here is 30.

I was curious if anyone could prove the OP as wrong. I believe in attempting to prove information wrong before I believe it. That's why I stopped relying on Fox News after 5 seconds of hearing it.

 

[AntiParty]

The point the MEME is making is that Corporate heads DON'T NEED TO INCREASE PRICES if they increase wages. I think the point is solidified even though I don't particularly believe in wage increases for certain McDonalds workers.

 

[Paperman299]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

Raising the Minimum wage here will always result in the Corporate heads raising prices to ensure their over elaborate lifestyle will not change. Millions of workers could live better if they just live a bit more modest, yet still super rich.

The only age group making more than $16/hr at an Australian McDonald's are those over 20 years old. Here's the visual aid linked in the article. Teenagers are making something more like half that, and they are apparently the preferred hire for Mickey D's down there.

I disagree that raising the minimum wage causes a proportionate rise in prices. If a company can charge higher for a product or service, than they do, right? Anyway, their profits are already incredible. Paying a living wage should be no great burden.

So do you know the average age group working at McDonalds here in America after NAFTA?

No? If I'm reading you right, the point that you're making is that the median age of a McDonald's employee is likely higher here than it is in Australia, which means our employees are relatively underpaid. And I agree they're underpaid, but I don't like using this metric to justify it, and here's why: Wouldn't we expect the ages of people McDonald's chooses to higher to be much lower if our minimum wage laws were structured like they are down under?

No one can read me because I don't try to teach people. I rely on factual information.

The average worker here is 30.

I was curious if anyone could prove the OP as wrong. I believe in attempting to prove information wrong before I believe it. That's why I stopped relying on Fox News after 5 seconds of hearing it.

Well, the graphic's not wrong, exactly. It's just misleading. It doesn't explain that Australia has multiple minimum wages, unlike the US which has one.

And I don't know why you're slinging shade at that dude. You're at the top of his profile wall saying "great minds think alike!"

 

[AntiParty]

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

Raising the Minimum wage here will always result in the Corporate heads raising prices to ensure their over elaborate lifestyle will not change. Millions of workers could live better if they just live a bit more modest, yet still super rich.

The only age group making more than $16/hr at an Australian McDonald's are those over 20 years old. Here's the visual aid linked in the article. Teenagers are making something more like half that, and they are apparently the preferred hire for Mickey D's down there.

I disagree that raising the minimum wage causes a proportionate rise in prices. If a company can charge higher for a product or service, than they do, right? Anyway, their profits are already incredible. Paying a living wage should be no great burden.

So do you know the average age group working at McDonalds here in America after NAFTA?

No? If I'm reading you right, the point that you're making is that the median age of a McDonald's employee is likely higher here than it is in Australia, which means our employees are relatively underpaid. And I agree they're underpaid, but I don't like using this metric to justify it, and here's why: Wouldn't we expect the ages of people McDonald's chooses to higher to be much lower if our minimum wage laws were structured like they are down under?

No one can read me because I don't try to teach people. I rely on factual information.

The average worker here is 30.

I was curious if anyone could prove the OP as wrong. I believe in attempting to prove information wrong before I believe it. That's why I stopped relying on Fox News after 5 seconds of hearing it.

Well, the graphic's not wrong, exactly. It's just misleading. It doesn't explain that Australia has multiple minimum wages, unlike the US which has one.

And I don't know why you're slinging shade at that dude. You're at the top of his profile wall saying "great minds think alike!"

It was never meant to state that Austrailia doesn't have multiple minimum wages.........It was made to make the point that higher wages won't cause higher big mac prices. You need to think more and type less. Thanks

 

[Paperman299]

It flatly states Australia's minimum wage as if it's one number. So yeah, that is what it was meant to say. And by omitting that critical aspect, the graphic's point falls apart because Australia's minimum wage system encourages McDonald's to hire differently there.

Look, we don't even disagree on this where it counts. I stated above that raising wages wouldn't significantly raise prices. The problem is the graphic makes this point badly. That can happen. You can find things on the Internet that agree with your position, but for the wrong reasons. Check some of USMB's previous threads on this Australia-McDonald's-minimum wage thing, this has been hashed out before.

 

[bigrebnc1775]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

Raising the Minimum wage here will always result in the Corporate heads raising prices to ensure their over elaborate lifestyle will not change. Millions of workers could live better if they just live a bit more modest, yet still super rich.

Not everyone makes the same minimum wage
Getting Paid Australian Minimum Wage Graduate Salaries
Things Affecting How Much You're Paid
Things that affect how much you get paid include:

• Your industry
• Your age
• If you are a trainee or apprentice
• Whether the job is full time, part-time, permanent or casual
• How much other people get paid to do the same job
• Your level of seniority, experience, qualifications, responsibilities and what you do
• The job market - e.g. the number of qualified people looking for the job
• Government awards, agreements or industrial laws relevant to the job

 

[The Rabbi]

Another troll thread from a brain dead moron who gloms on to one or two facts, ignores everything else, and decides that 2 plus 2 is 22.

 

[CowboyTed]

Australia has different tiers of minimum wage. According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage.

That being said, it's unlikely that raising the minimum wage would cause a 1:1 price increase in burgers here. For one, labor is only one part of a restaurant's total cost. For another, the demand for burgers just isn't so high that such a price increase could be supported...

So $16 an hour is, "According to the Atlantic, McDonald's in Australia utilizes younger workers who can be legally paid less than the adult minimum wage."

I think many Americans will wish they were "young workers" in Australia after reading that.

Raising the Minimum wage here will always result in the Corporate heads raising prices to ensure their over elaborate lifestyle will not change. Millions of workers could live better if they just live a bit more modest, yet still super rich.

Not everyone makes the same minimum wage
Getting Paid Australian Minimum Wage Graduate Salaries
Things Affecting How Much You're Paid
Things that affect how much you get paid include:

• Your industry
• Your age
• If you are a trainee or apprentice
• Whether the job is full time, part-time, permanent or casual
• How much other people get paid to do the same job
• Your level of seniority, experience, qualifications, responsibilities and what you do
• The job market - e.g. the number of qualified people looking for the job
• Government awards, agreements or industrial laws relevant to the job

Makes sense that various minimum wages should be set.
Sound very much like regulation...