During the presidential debate, Joe Biden claimed that raising the minimum wage would help small businesses. President Trump took a more common-sense approach to let states decide minimum wage because every state is different.
There are several reasons why Joe Biden is wrong. One of the reasons is that this pushes businesses toward automation:
“I think it should be a state option.” – President Trump
Sadly while many wrongly think a higher minimum wage would come out of CEOs bonuses/pay, it doesn’t. They aren’t taking a cut. Higher minimum wage results in automation and elimination of jobs. It’s already happening pic.twitter.com/H53gdXucC8
— Reality Beaker (@RealityBeaker) October 23, 2020
President Trump schooled Biden on economics by saying raising minimum wage costs small businesses more. They then have to either raise their prices or cut staff. Raising the minimum wage never raises the standard of living of anyone.
Neil Cavuto’s interview with a $15 an hour activist says it all:
“We deserve $15″…
Ummm, you don’t get to decide that!
Naquasia Legrand, a leader of the $15 minimum wage movement, went on with Neil Cavuto to defend $15 minimum wage:
Moving to automation in fast-food restaurants has already started:
So, yeah…about that whole minimum wage fight…
The unions were warned…they organized and fought the minimum wage anyhow. Thanks to the left, entry-level jobs, especially for unskilled, high school, or college-age students, will be very difficult to come by, and almost impossible by 2020.
McDonald’s Kiosks Are The New Cashiers
McDonald’s will roll out self-order kiosks to 1,000 stores every quarter for the next two years, according to CEO Steve Easterbrook.
The kiosks were already in roughly 3,500 US McDonald’s restaurants as of March, or about one-fourth of its domestic stores. They will be in about half of US restaurants by the end of 2018 and in all stores by 2020. McDonald’s locations in Australia, Canada, and the UK are even further along in kiosk usage.
Customers who use the kiosks tend to browse the menu and order more, Easterbrook told CNBC this week, adding, “There’s a little bit of an average check boost.”
As part of its modernization efforts, the fast-food chain is offering customers alternative ways of ordering, including through kiosks, the mobile app, and delivery through Uber Eats.
Kiosks don’t skip work to attend minimum wage protests. Kiosks don’t make any demands at all. Once McDonald’s perfects this process, expect other fast food chains to follow suit. –AL