Here's what fast food will cost with $17 an hour wages

Here’s Exactly How Much More Money You Will Spend on Fast Food If Workers Get $15 Minimum Wage

Seventeen cents my ass. McD's is up almost a dollar in a year on meal deals.

 

Solution: Don't eat fast-food meals.

 

Figure a McDs has 8 hourly employees at $9 an hour. They're paying $72 an hour for the employees.

Minimum wage goes up to $15/hour. Now they're paying $120 an hour, an increase of $48.

According to the McD's website, a restaurant averages 1,900 customers per day. Say they're open 19 hours a day (close at midnight, open at 5). So they average 100 customers an hour, paying that $48/hour.

So their meal should be going up 48 cents per meal per customer. More than the 30 cents per meal cited in the study, but hardly a deal breaker.

 

If it wasn't a deal breaker for some, it would cost that now.

 

When will newspaper reporters get their $20/hr?

 

If you remember, John Kerry was at one point pushing as a senator in Obama Term I an idea to put newspapers under non-profit status. That lasted, oh, a day or so.

 

It won't cost that if people don't pay that.

Horror of horrors, McDonald's could make less than the $16 billion profit it took in for 2014.

 

How dare you suggest McDonald's corporate settle for only $15 billion in profit!

 

That seems to be rather obvious, doesn't it? Apparently obvious is lost on a lot of people.

 

Eh, so they can grab a bag of rice, some chicken breasts and a couple vegetables, and eat two dinners for the same cost.

Not the biggest injustice in the world.

 

And then McDonald's will have to lay those workers off. Or close.

 

Or do more with less.