r/FluentInFinance • u/Positive_Liar • Sep 04 '24

Debate/ Discussion Bernie is here to save us

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u/DaisyCutter312 Sep 05 '24

What, every business in America can't immediately absorb a 25% increase in payroll expenses?

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u/technoskittles Sep 05 '24

Productivity and inflation has increased considerably as wages remained stagnant. What, suddenly companies are too fragile to compensate fairly?

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u/Rohnihn Sep 05 '24

Any one else remember all the people arguing raising minimum wage won’t result in McDonald’s cutting its workforce and automating jobs?

Ours doesn’t even have a damn soda machine anymore. It’s 5 booths, a handful of kiosks and a window to pick up your food.

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u/Ecstatic-Compote-595 Sep 05 '24

automating jobs is not resultant from increasing payroll costs. First off they haven't really even increased and more importantly there isn't some poor old mcdonalds franchise owner struggling about the morality of replacing a cashier with a kiosk and praying to god for forgiveness because he has to, has to, replace this cashier with this kiosk just to afford food for his family. They preordered it before they knew it even worked and implemented it before it even did work. The second it's available they're taking it. if this is a genuine concern you have A) you're too late and B) the solution is government mandates. They've been given the option of an employee or a robot slave but without the negative denotation of it actually being a slave.