Tag: minimum wage
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Automated drive-thru bot will eventually eliminate thousands of jobs
Michael Cato, the COO of a Hardee’s Franchise in Maryland, says AI-driven drive-thru technology will not be replacing any crew members in their franchise. Here’s the quote, “We have no intention of cutting labor.” When listening to his interview in the Wall Street Journal, he says the technology will help because they are short-staffed. Automated…
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Krispy Kreme to save $2 million a year reducing manual labor
$15 per hour is a great wage if there will be an entry level job open to pay it. Just wait until this automation catches up with all those Starbucks employees joining labor unions. Machines don’t sleep, don’t complain, don’t need healthcare, don’t show up late, and rarely make mistakes. The “fight for fifteen” will…
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Higher wages… less purchasing power. The Biden inflation legacy
I doubt the $15 minimum wage promoters will understand that you can get paid more but make less in the end. I’m sure the Biden administration will print up more money to pass out. That’ll solve the problem. Real (after inflation) average hourly earnings have declined for seven consecutive months (overall 2%) and nine of…
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Inflation starting to look a little sticky
I’m starting to lean towards the notion that this will not be a transitory inflationary period. If a federal $15 minimum wage comes to pass combined with further climate change regulations there is nowhere for costs to go except up. “In an environment where inflation continues to rise quarter after quarter after quarter, there are…
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Technology rapidly replacing restaurant staff
Just say no to hiring. Competing against the federal government in hourly pay is a no win situation. Private business can’t compete against an entity that doesn’t have to turn a profit and has the ability to print money at will. High end restaurants might still need a wait staff but places like Cracker Barrel,…
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President Kamala Joe
British asshole identifies as Korean, Biden whiffs on Miami building collapse, Zuck interfered with our elections, businesses compensate for increased labor costs, politics infect VAERS, no need for vaxx if recovered from COVID-19, creepy lady of the lake, and more