I dont buy his argument that the food is the main driver in the cost of a burger either, when i worked at mcdicks, our coach told us the cost of a burger at the time was about 20-30 cents, ironically the most expensive part of the burger was not the beef, it was the slice of cheese. Say a Bigmac costs double that cause its basically two burgers, and say inflation has doubled that price in 17 years. They still sell a big mac for 3-5$ So if they can make it for a buck they are selling it at 3-5 times the cost to make. Also the burger is not really their high margin stuff, they make a much higher percentage on fries and soft drinks, which cost them almost nothing to make. If you were to take an average McDonalds and say they are open 24 hours per day, thats 24 hours per day at 8 bucks an hour a person working is about 192 per 24 hour shift, with an average of atleast ten people working per hour, thats about 67000, the lease on the building would probably be roughly the same. So 130k just for those 2. I highly doubt that a single McDonalds pays more than 130k for food costs per month. At 130k per month on food if most of that went to burgers, then that would be 4000 burgers per day thats like 3 burgers a minute all day every day. I worked at McDicks its not even close, infact our goal was to be able to make a burger in under 20 seconds during peak hours. With way more than 10 people on a shift.
Also these are the figures at 8$ an hour they are paying 67000 per month in wages, is anyone here really going to tell me that raising the cost structure from 8$ an hour to 15$ an hour, doubling of those wages is not a significant boost in cost to the McDonalds owner? Thats 800k per year extra, just on wages, you would be doing well to be profitable by a million bucks a year at a McDonalds, the wage increase just ate 80% of the owners profits. The amount the McDonalds charges per burger is going to have to double to pay for the wage increase.
You don't define your understanding of my post so I cant answer what you're confused about my Philosophy. The ignore button is all your control.
Didn't Seattle or the state of Washington just raise the minimum wage up to $15.00 ? Maybe when that $15 per hour begins...they'll no longer have the "living wage fee". Another possibility, if there's an influx of folks moving to that state in the near future because of the pending increase in minimum wage...those public/private businesses plan to use that living wage fee to offset the increase of minimum wage to $15...wouldn't surprise me. The other day I was in the mall and saw a store say 50% off selected items. Yet, most of the other stuff that were new...the price was ridiculous higher by almost 100% on items you can find on Amazon for 50% less.
Right. Couldn't tell from your post whether you were talking about Libtard jackelopes or stating your view as one. Which is it?