4 ms·

If nobody can afford to buy the food, then the workers preparing and serving the food would be out of a job due to a lack of revenue from the restaurant. Prett

If nobody can afford to buy the food, then the workers preparing and serving the food would be out of a job due to a lack of revenue from the restaurant. Pretty simple.

skyyler 3y ago
Yes, that is how businesses work. If paying the workers enough for them to live makes the product too expensive for the prices to be competitive on the market, the business is unsustainable and shouldn't continue to operate.
- linguae 3y ago
  Have you considered why the cost of living is so high? If everyone in the community made a million dollars a year but the housing supply was artificially restricted so that way people had to pay six-figure monthly rents due to supply-and-demand factors, then even a million a year wouldn’t be enough. Under your logic, that community would be completely devoid of any businesses except those that could pay even higher multi-million salaries, since “the business is unsustainable.” Where there are definitely cases where people are being underpaid and exploited, the high cost of living isn’t caused by people being underpaid. In fact, higher wages without an increase in the amount of goods available to purchase means that prices will go up. It’s the dog chasing its own tail. We need to address the high cost of living not by giving everybody a raise, but by fighting NIMBYism, building more housing, and stopping policies that erode the value of our currency, making it harder and harder for people to keep up.
  - cbsks 3y ago
    Note that not everyone is getting a raise, only those making minimum wage.
    - WheelsAtLarge 3y ago
      True, only the minimum wage employees will get a raise by law but the reality is that shift supervisors will want a raise since they will want a premium for having more responsibility and managers will want more, and up it goes up the chain. Some minimum wage workers will get a raise but in time everyone will get a raise. Anyone making under $20 will short changed and will not tolerate being paid less. It's human nature.
  - skyyler 3y ago
    This isn't meant to solve the cost of living crisis for everyone all at once. This is meant to help fast food workers survive.

If nobody can afford to buy the food, then the workers preparing and serving the food would be out of a job due to a lack of revenue from the restaurant. Pretty simple.

skyyler 3y ago

Yes, that is how businesses work. If paying the workers enough for them to live makes the product too expensive for the prices to be competitive on the market, the business is unsustainable and shouldn't continue to operate.

linguae 3y ago
Have you considered why the cost of living is so high? If everyone in the community made a million dollars a year but the housing supply was artificially restricted so that way people had to pay six-figure monthly rents due to supply-and-demand factors, then even a million a year wouldn’t be enough. Under your logic, that community would be completely devoid of any businesses except those that could pay even higher multi-million salaries, since “the business is unsustainable.” Where there are definitely cases where people are being underpaid and exploited, the high cost of living isn’t caused by people being underpaid. In fact, higher wages without an increase in the amount of goods available to purchase means that prices will go up. It’s the dog chasing its own tail. We need to address the high cost of living not by giving everybody a raise, but by fighting NIMBYism, building more housing, and stopping policies that erode the value of our currency, making it harder and harder for people to keep up.
- cbsks 3y ago
  Note that not everyone is getting a raise, only those making minimum wage.
  - WheelsAtLarge 3y ago
    True, only the minimum wage employees will get a raise by law but the reality is that shift supervisors will want a raise since they will want a premium for having more responsibility and managers will want more, and up it goes up the chain. Some minimum wage workers will get a raise but in time everyone will get a raise. Anyone making under $20 will short changed and will not tolerate being paid less. It's human nature.
- skyyler 3y ago
  This isn't meant to solve the cost of living crisis for everyone all at once. This is meant to help fast food workers survive.