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Re: lessons of the fast food business

By: joe-taylor in ALEA | Recommend this post (0)
Fri, 16 Nov 12 12:43 AM | 53 view(s)
Boardmark this board | The Trust Matrix 		Msg. 11757 of 54959
(This msg. is a reply to 11755 by bridgebuilder)
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BB,

There are other issues at play here too! There is a segment of the population in this nation who eats at these places who are homeless who might just fall off the bottom completely if they didn't have access to their dollar menu's and their cheap hot drinks with refills such as coffee at McDonalds! During the winter, being able to go into these places gets them some warmth and a chance at a little bit of socialization that they might otherwise never get! And, there is another segment who can barely afford a place to live who comes to these places simply to get some time out of a residence that might be cold or drafty with nothing more than a cheap radio to keep them in touch with the rest of society. So many cannot even afford a phone so they come to places like McDonalds just to get to see the possibility of a few minutes with a television set hooked up to cable that many of these places have.

Regards,


Joe

PS. Nice to have you post with us!


To say that "God exists" is the greatest understatement ever made across space and time.

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The above is a reply to the following message:
Re: lessons of the fast food business
By: bridgebuilder in ALEA
Thu, 15 Nov 12 11:52 PM 		Msg. 11755 of 54959

Another way to look at it is that these non health care providing employers saved the tax payer from not only footing medical care but from having to provide unemployment/welfare payments to them as well. health insurance is, or is not, part of your compensation package. Why wouldn't the employees at these companies just go work for the starbucks and other health insurance providing employers who clearly have a better compensation package? I would speculate because they cannot get jobs at those places. so they got jobs at the bottom of the barrel places(these are employers that may not be as skilled as their competition and in order to succeed need a lower cost employee.) What's beyond the bottom of the barrel? Unemployment. who pays for unemployment benefits/welfare? The tax payer.
Now you could argue that these low cost bottom of the barrel joints reduce pricing power for the better run benefit paying joints and so they have to run lean and cannot hire as many benefit enjoying employees because they won't retain customers if they start charging $12 for a hamburger in order to afford said employees. so if the bottom of the barrel guys went away the benefit paying guys could possibly raise prices and hire the employees of the bottom of the barrel guys and they would indeed have a job...and benefits. Which is fine...if you like $12 fast food hamburgers.

Just a devil's advocate position...many holes I'm sure.

cheers
bb


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