What would happen to the economy if minimum wages are raised?

[EdwardBaiamonte]

So, how can we be worse off, with a fifteen dollar an hour minimum wage.

it would cause instant world wide depression and bankrupt most companies. Run the numbers on Walmart and get back to us. NOW you see how Stalin starved 60 million with his caring interventions

 

[Wyatt earp]

Nothing but fallacy from the fantastical right wing.

Can the right wing explain how we would be worse off with a fifteen dollar an hour minimum wage and unemployment compensation at fourteen dollars an hour simply for being unemployed on an at-will basis in our at-will employment States?

Simple trickle up poor, no middle class

trickle up, means the poor do most of the spending.

You still don't have a clue what wealth is do you?

Instead of people making $15 bucks an hour having 50% more wealth then MW now.... They would be lucky to get a $2 buck raise if MW was changed to $15 an hour..


So that equates to only around what 8%? Over MW...

Trickle up poor..

 

[Wyatt earp]

So, how can we be worse off, with a fifteen dollar an hour minimum wage.

it would cause instant world wide depression and bankrupt most companies. Run the numbers on Walmart and get back to us. NOW you see how Stalin starved 60 million with his caring interventions

He is to much into the propaganda to figure out the real world..


.

 

[danielpalos]

So, how can we be worse off, with a fifteen dollar an hour minimum wage.

it would cause instant world wide depression and bankrupt most companies. Run the numbers on Walmart and get back to us. NOW you see how Stalin starved 60 million with his caring interventions

Are you claiming our capitalists can Only make it on cheap labor? Henry Ford doubled autoworker wages not minimum wages, and produced a better product at lower cost, by realizing gains from efficiency.

You make it seem our capitalists are too, brain addled by corporate welfare and too many tax holidays.

 

[danielpalos]

Nothing but fallacy from the fantastical right wing.

Can the right wing explain how we would be worse off with a fifteen dollar an hour minimum wage and unemployment compensation at fourteen dollars an hour simply for being unemployed on an at-will basis in our at-will employment States?

Simple trickle up poor, no middle class

trickle up, means the poor do most of the spending.

You still don't have a clue what wealth is do you?

Instead of people making $15 bucks an hour having 50% more wealth then MW now.... They would be lucky to get a $2 buck raise if MW was changed to $15 an hour..


So that equates to only around what 8%? Over MW...

Trickle up poor..

A fifteen dollar an hour minimum wage competes favorably with the cost of social services. Only the right, never gets it, while alleging to subscribe to Capitalism.

What I am referring to, is solving simple poverty to ensure trickle up, acts like an oil pump for our economy.

 

[danielpalos]

So, how can we be worse off, with a fifteen dollar an hour minimum wage.

it would cause instant world wide depression and bankrupt most companies. Run the numbers on Walmart and get back to us. NOW you see how Stalin starved 60 million with his caring interventions

He is to much into the propaganda to figure out the real world..


.

nobody takes the right wing seriously about economics.

 

[Wyatt earp]

So, how can we be worse off, with a fifteen dollar an hour minimum wage.

it would cause instant world wide depression and bankrupt most companies. Run the numbers on Walmart and get back to us. NOW you see how Stalin starved 60 million with his caring interventions

He is to much into the propaganda to figure out the real world..


.

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.





.

 

[EdwardBaiamonte]

So, how can we be worse off, with a fifteen dollar an hour minimum wage.

it would cause instant world wide depression and bankrupt most companies. Run the numbers on Walmart and get back to us. NOW you see how Stalin starved 60 million with his caring interventions

He is to much into the propaganda to figure out the real world..


.

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.






.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

 

[Wyatt earp]

So, how can we be worse off, with a fifteen dollar an hour minimum wage.

it would cause instant world wide depression and bankrupt most companies. Run the numbers on Walmart and get back to us. NOW you see how Stalin starved 60 million with his caring interventions

He is to much into the propaganda to figure out the real world..


.

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.






.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

This kid doesn't have a clue, when god was handing out common sense he must have gave this kid a rose colored turd ball

.

 

[danielpalos]

So, how can we be worse off, with a fifteen dollar an hour minimum wage.

it would cause instant world wide depression and bankrupt most companies. Run the numbers on Walmart and get back to us. NOW you see how Stalin starved 60 million with his caring interventions

He is to much into the propaganda to figure out the real world..


.

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.





.

Like I said; modern capitalists must not be social, Darwinian enough due to so much corporate welfare and too many Tax holidays, to make like Henry Ford and realize gains from efficiency instead of cheap labor.

 

[danielpalos]

So, how can we be worse off, with a fifteen dollar an hour minimum wage.

it would cause instant world wide depression and bankrupt most companies. Run the numbers on Walmart and get back to us. NOW you see how Stalin starved 60 million with his caring interventions

He is to much into the propaganda to figure out the real world..


.

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.






.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

lousy capitalists should be allowed to fail. it really is that simple.

 

[danielpalos]

it would cause instant world wide depression and bankrupt most companies. Run the numbers on Walmart and get back to us. NOW you see how Stalin starved 60 million with his caring interventions

He is to much into the propaganda to figure out the real world..


.

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.






.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

This kid doesn't have a clue, when god was handing out common sense he must have gave this kid a rose colored turd ball

.

nobody takes the right wing seriously about economics.

 

[Wyatt earp]

He is to much into the propaganda to figure out the real world..


.

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.






.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

This kid doesn't have a clue, when god was handing out common sense he must have gave this kid a rose colored turd ball

.

nobody takes the right wing seriously about economics.

He is to much into the propaganda to figure out the real world..


.

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.






.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

This kid doesn't have a clue, when god was handing out common sense he must have gave this kid a rose colored turd ball

.

nobody takes the right wing seriously about economics.

 

[Wyatt earp]

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.






.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

This kid doesn't have a clue, when god was handing out common sense he must have gave this kid a rose colored turd ball

.

nobody takes the right wing seriously about economics.

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.






.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

This kid doesn't have a clue, when god was handing out common sense he must have gave this kid a rose colored turd ball

.

nobody takes the right wing seriously about economics.

Retail Clothing Industry Profit Margins. The retail clothingindustry had an average grossprofit margin of 48.46 percent in 2009 according to Butler Consultants. However, by the time you add up all the expenses involved in operating retail clothing stores, the average netprofit margin is only 7.98 percent.
What Is a Reasonable Profit Margin? | Chron.com

 

[Wyatt earp]

He is to much into the propaganda to figure out the real world..


.

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.






.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

This kid doesn't have a clue, when god was handing out common sense he must have gave this kid a rose colored turd ball

.

nobody takes the right wing seriously about economics.

Yeah that's why most all college professor are conservatives and most all business owners are liberal you stupid moron.




The public thinks the average company makes a 36% profit margin, which is about 5X too high
Carpe Diem

Font SizeAA

I find this totally fascinating, though not completely unexpected. When a random sample of American adults were asked the question “Just a rough guess, what percent profit on each dollar of sales do you think the average company makes after taxes?” for the Reason-Rupe pollin May 2013, the average response was 36%! That response was very close to historical results from the polling organization ORC’s polls for a slightly different, but related question: What percent profit on each dollar of sales do you think the average manufacturer makes after taxes? Responses to that question in 9 different polls between 1971 and 1987 ranged from 28% to 37% and averaged 31.6%.

How do the public’s estimates of corporate profit margins compare to reality? Not surprisingly they are off by a huge margin. According to this Yahoo!Finance database for 212 different industries, the average profit margin for the most recent quarter was 7.5% and the median profit margin was 6.5% (see chart above). Interestingly, there wasn’t a single industry out of 212 that had a profit margin as high as 36% in the most recent quarter.

 

[danielpalos]

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.

.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

This kid doesn't have a clue, when god was handing out common sense he must have gave this kid a rose colored turd ball

.

nobody takes the right wing seriously about economics.

Yeah that's why most all college professor are conservatives and most all business owners are liberal you stupid moron.




The public thinks the average company makes a 36% profit margin, which is about 5X too high
Carpe Diem

Font SizeAA

I find this totally fascinating, though not completely unexpected. When a random sample of American adults were asked the question “Just a rough guess, what percent profit on each dollar of sales do you think the average company makes after taxes?” for the Reason-Rupe pollin May 2013, the average response was 36%! That response was very close to historical results from the polling organization ORC’s polls for a slightly different, but related question: What percent profit on each dollar of sales do you think the average manufacturer makes after taxes? Responses to that question in 9 different polls between 1971 and 1987 ranged from 28% to 37% and averaged 31.6%.

How do the public’s estimates of corporate profit margins compare to reality? Not surprisingly they are off by a huge margin. According to this Yahoo!Finance database for 212 different industries, the average profit margin for the most recent quarter was 7.5% and the median profit margin was 6.5% (see chart above). Interestingly, there wasn’t a single industry out of 212 that had a profit margin as high as 36% in the most recent quarter.

Only lousy capitalists whine about taxes, wages, and regulations instead of realizing gains from efficiency.

 

[Wyatt earp]

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.

.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

This kid doesn't have a clue, when god was handing out common sense he must have gave this kid a rose colored turd ball

.

nobody takes the right wing seriously about economics.

Yeah that's why most all college professor are conservatives and most all business owners are liberal you stupid moron.




The public thinks the average company makes a 36% profit margin, which is about 5X too high
Carpe Diem

Font SizeAA

I find this totally fascinating, though not completely unexpected. When a random sample of American adults were asked the question “Just a rough guess, what percent profit on each dollar of sales do you think the average company makes after taxes?” for the Reason-Rupe pollin May 2013, the average response was 36%! That response was very close to historical results from the polling organization ORC’s polls for a slightly different, but related question: What percent profit on each dollar of sales do you think the average manufacturer makes after taxes? Responses to that question in 9 different polls between 1971 and 1987 ranged from 28% to 37% and averaged 31.6%.

How do the public’s estimates of corporate profit margins compare to reality? Not surprisingly they are off by a huge margin. According to this Yahoo!Finance database for 212 different industries, the average profit margin for the most recent quarter was 7.5% and the median profit margin was 6.5% (see chart above). Interestingly, there wasn’t a single industry out of 212 that had a profit margin as high as 36% in the most recent quarter.

Only lousy capitalists whine about taxes, wages, and regulations instead of realizing gains from efficiency.

 

[Wyatt earp]

He is to much into the propaganda to figure out the real world..


.

nobody takes the right wing seriously about economics.

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.






.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

This kid doesn't have a clue, when god was handing out common sense he must have gave this kid a rose colored turd ball

.

nobody takes the right wing seriously about economics.

 

[Wyatt earp]

Yeah because you live in a land of fairies and pixie dust

Keep posting like an ignorant moron of economics that's what you do best..



McDonald’s, the nation’s biggest restaurant chain, is, in fact, very profitable. Those $5.5 billion in profits last year came from revenues of $27.6 billion, giving the Golden Arches a profit margin of nearly 20%. The average profit margin of big companies in the S&P 500 index is only 8.7%, according to S&P Capital IQ. McDonald’s has been a perennial overperformer, which makes it an easy target for protesters seeking a bigger slice of the pie.

But keep this in mind: Pay at most restaurants is determined by the franchise owner and not the corporate parent, which often owns a very small percentage of the restaurants under their brand. McDonald's, for example, owns just 11% of their restaurants in the U.S., so it may make more sense for the protesters to be picketing local owners rather than focusing their venom on the corporate entity.

Either way, the restaurant industry overall is a low-margin business that doesn’t have much spare cash in the till. The average profit margin for the whole industry is just 2.4%, according to Capital IQ.

.

yes just like Walmart $15/hour would eat all their profits and thus bankrupt them and Walmart. This is how Stalin starved 60 million with libcommie intervention in the free market

This kid doesn't have a clue, when god was handing out common sense he must have gave this kid a rose colored turd ball

.

nobody takes the right wing seriously about economics.

Yeah that's why most all college professor are conservatives and most all business owners are liberal you stupid moron.




The public thinks the average company makes a 36% profit margin, which is about 5X too high
Carpe Diem

Font SizeAA

I find this totally fascinating, though not completely unexpected. When a random sample of American adults were asked the question “Just a rough guess, what percent profit on each dollar of sales do you think the average company makes after taxes?” for the Reason-Rupe pollin May 2013, the average response was 36%! That response was very close to historical results from the polling organization ORC’s polls for a slightly different, but related question: What percent profit on each dollar of sales do you think the average manufacturer makes after taxes? Responses to that question in 9 different polls between 1971 and 1987 ranged from 28% to 37% and averaged 31.6%.

How do the public’s estimates of corporate profit margins compare to reality? Not surprisingly they are off by a huge margin. According to this Yahoo!Finance database for 212 different industries, the average profit margin for the most recent quarter was 7.5% and the median profit margin was 6.5% (see chart above). Interestingly, there wasn’t a single industry out of 212 that had a profit margin as high as 36% in the most recent quarter.

Only lousy capitalists whine about taxes, wages, and regulations instead of realizing gains from efficiency.

 

[danielpalos]

In other words, the right wing believes we would be worse off with a fifteen dollar an hour minimum wage and unemployment compensation at fourteen dollars an hour. Yet, they only have right wing fantasy instead of valid argument.

Only lousy capitalists with "poor lifestyle choices", will fail due to their own fault.