If pointy-headed leftists think that entrepreneurs are going to be told that their entry-level position employees must make $30,000 a year, and they are just going to take it lying down, it proves that leftists know-nothing about businesses, or capitalism.
Of course they will find a way to cut out that business expense. And they are doing it by installing self-serve kiosks.
Investors-
Wendy’s (WEN) said that self-service ordering kiosks will be made available across its 6,000-plus restaurants in the second half of the year as minimum wage hikes and a tight labor market push up wages.
It will be up to franchisees whether to deploy the labor-saving technology, but Wendy’s President Todd Penegor did note that some franchise locations have been raising prices to offset wage hikes.
McDonald’s (MCD) has been testing self-service kiosks. But Wendy’s, which has been vocal about embracing labor-saving technology, is launching the biggest potential expansion.
In addition to self-order kiosks, the company is also getting ready to move beyond the testing phase with labor-saving mobile ordering and mobile payment available systemwide by the end of the year. Yum Brands and McDonald’s already have mobile ordering apps.
ht/ all too much
Lazlo’s hot stock tips:
Now pay attention:
Buy any stock that has Robo and Burger in the name.
It would appear that the founding fathers knowing that controversial issues would eventually arise, along with the rise of leftist insanity, placed some hidden and secret provisions in the Constitution that only judges are privy too! Abortion, Queer Marriage, minimum wage, Executive Orders, undeclared wars, Federal Reserve and restrictions on the bill of rights to name only a few!
I read an article that kiosk ordering actually increases food totals ordered. People order more from machines. So a win-win for fast food.
Don’t eat that shit.
Probably less that $30K for each kiosk. One time payment, no taxes, insurance minimal. The kiosk repair person will be getting the $15/hr minimum wage.
It’s been that way all throughout history. New cheaper, faster, more productive technology pushes out older, slower, more expensive manual labor. BUT – – – at the same time, the new technology creates new job opportunities for those who are prepared to make the most of those new job opportunities.
I hope they realize that the neo-Luddites are gonna destroy their shit, and the unionized, pasteurized, socialized cops and “justice” system aren’t gonna do shit about it.
The insurance companies are gonna take it up the ass.
izlamo delenda est …
It will be nice to order something and not worry about what the person of color behind the counter, who hates your cracker guts, might have done to it or on it while you weren’t watching.
In the ’50s they called them “Automats”.
Maybe they should have just stayed with them.
“Personal service” is highly overrated.
Especially when the “person” is rude, surly, tattooed and speaks no English.
http://tinyurl.com/h88wbwn
$15 minimum wage is just more liberal cluelessness. They are trying to manufacture the prosperity of a vibrant, free-market economy without actually having one. Not going to work Libs. Lower taxes, cut regulations and let the American people do their thing.
I was thinking that the Governuts will demand a new tax on fast food because of less taxes coming in from workers? Kind of like electric cars and matchbox cars.
Libs are completely clueless when it comes to economics. Remember Neil Cavuto ripping that moron fron the Million Student March a new one in prime time last year? She poo-poohed Cavuto’s suggestion that overtaxing the 1% would drive too many in that group to foreign countries with more favorable tax rates. She was absolutely certain that would never happen.
Idiots.