August 29, 2013

Mass stupidity - $15 minimum wage

From Bloomberg:
Fast-Food Strikes Expand Across U.S. to 50 Cities
Fast-food workers in 50 U.S. cities plan to walk off the job today in an attempt to ratchet up pressure on McDonald�s Corp. and Wendy�s Co. to raise wages.

Protests that began in New York last year are spreading to cities including Boston, Chicago, Denver, San Diego and Indianapolis, according to the Service Employees International Union, which is advising the strikers. About 200 workers showed up at the two-story Rock N Roll McDonald�s store in Chicago�s River North neighborhood this morning chanting: �Hey hey, ho ho, poverty wages gotta go!�

The non-union workers are demanding the right to organize and wages of $15 an hour, more than double the federal minimum of $7.25. They now make $9 an hour on average, according to the Bureau of Labor Statistics. By simultaneously targeting the largest chains, including Yum! Brand Inc.�s Taco Bell and KFC, Subway and Burger King Worldwide Inc., organizers want to force a sector-wide response.

�What the workers are trying to do is hold the corporations accountable,� said Mary Kay Henry, SEIU president.
The protesters are stupid pawns being used by Unions like SEIU who are trying to expand their faltering base. Minimum wage was never intended to be a livable take-home pay -- it was to tide you over while you improved yourself such that you would be worth more to your employer. Go to school. Volunteer to take on extra responsibilities. Learn a trade. All this will do is raise the price of a Big Mac to $6 and how many people will eat at McDonalds after that happens. The restaurants will have to let people go and the whole minimum wage thing becomes a moot point. Posted by DaveH at August 29, 2013 11:02 AM
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