***UPDATE – September 5th, 2014: Since the Fast Food Workers of the nation are once again agitating for an artificially higher wage than what the market dictates, it seems that they need yet another reminder of exactly how essential their “profession” truly is… ***
They never learn.
(via the Chicago Tribune) – “…A few hundred fast food workers in Chicago on Wednesday voted to join a national one-day strike against their employers on May 15. Strikes are planned for 150 cities, including New York City. — The workers say they want $15 per hour wages and to form a union that would bargain over benefits and wages on their behalf. Fast food workers in Chicago make about $8.25 per hour, the state’s minimum wage…”
Now, many of us have spent some amount of time employed in a Wendy’s, McDonald’s or a Burger King, commonly back when we were in our teens: the hours are flexible, and the level of mental effort required is minimal (at best). Entry level employment in this industry is usually considered to be a stepping stone on to greater things, whether that means a management position within the fast food chain, or a different job altogether.
So with all that in mind, any Fast Food folks who think striking is their Key To Success…may wish to rethink that strategy.
Posted in Economy, food, money
Tagged alpha machine, Burger King, burgers, Chicago, fast food, food workers, Instapundit, McDonald's, minimum wage, Sheetz
A follow-up to our discussion on this from the other day…
(courtesy of the always fantastic Lisa Benson)
And I would add only one explicit corollary to this:
Within the past few weeks and across the country, thousands of Fast Food workers have walked off the job. They’re on strike, and insist on being paid more than double our national minimum wage.
Now, many of us have spent some amount of time employed in a Wendy’s, McDonald’s or a Burger King, commonly back when we were just teenagers: the hours are flexible, and the level of mental effort required is minimal. Entry level employment in this industry is usually considered to be a stepping stone on to greater things, whether that means a management position within the fast food chain, or a different job altogether.
Didn’t have a chance to see this until last night, but it’s so groan-worthy that I’m compelled to address it.
Newly elected Senator Elizabeth “Me-A-Heap-Big-Injun” Warren decided to pontificate on the Minimum Wage.
From National Review:
In a hearing of the Senate Committee on Health, Education, Labor and Pensions last week on “indexing the minimum wage,” Massachusetts senator Elizabeth Warren inquired of University of Massachusetts professor economics Arindrajit Dube:
Posted in Economy, Education, government, politics
Tagged business, current-events, Economics, education, Elizabeth Warren, Milton Friedman, minimum wage, politics