Wednesday, June 1, 2016

Fmr. McDonald's USA CEO: $35K Robots Cheaper Than Hiring at $15 Per Hour

Via comment by SunwolfNC on Elitist Arrogance

 http://kwhs.wharton.upenn.edu/wp-content/uploads/2015/08/Momentum-Machines.jpg

Well, of course, it is. That’s simple common sense, and government can try, but the market wins every time. Look I wrote about this a bit over two years ago, here, and if anything has changed, it’s not for the better.

Here’s the takeaway quote for you:

More @ SAGO

4 comments:

  1. We know it would never happen, as the commie-socialist politicians rely on taxes and shenanigans such as this to remain in power and to be able to feed at the .gov trough, but just once I'd like to see someone step up and say, let us talk about reducing taxes and allowing entry level workers to keep more of their paycheck rather than mandating employers to pay a certain wage no matter how unskilled the work may be.

    ReplyDelete
    Replies
    1. n mandating employers to pay a certain wage

      Ridiculous. Let the free market reign.

      Delete
  2. I am very pleased that McDonald's has some common sense

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    Replies
    1. The former, now lets see if the current ones have as much sense.

      Delete