Ron Paul Liberty Report
  • Home
  • Archives
  • About

Minimum Wage Blowback: Wendy's To Put Kiosks In all 6,000 Restaurants

5/13/2016

 
Picture
By Chris Rossini

When government uses force, people (and companies) adapt. No one likes to be a punching bag. When the health-bullies tax or fix a high price on cigarettes or marijuana, people do their business on the black market. They still get the cigarettes. They still get the marijuana.

If government says a company must pay someone $15/hr no matter what, companies adjust. First, they will let go the employees that are not productive enough or skilled enough to earn the $15/hr. 

Companies will also consolidate tasks. For example, if someone was being paid $8/hr to sweep the floor, that person will be fired and (A) either the floor won't be swept at all, or (B) someone else will just add that job to their list of responsibilities.

Companies will not pay $15/hr for an $8/hr task just because the government tells them to. Government can go pound sand.


This hurts all the individuals that can't earn $15/hr at the moment. Now their chances of getting hired to do anything dwindle to zero. They must go fill out their unemployment forms instead of working.

If government forces companies to unjustifiably pay $15/hr for employees, the incentive to automate skyrockets. 

​
Wendy's is yet another example of a company that is moving to automation. They are putting self-serve kiosks in all 6,000 of their restaurants by the end of this year.

Blowback is not reserved for government's insane foreign policy. It also occurs with boneheaded domestic interventions as well.

Employees who were earning their market rate will now be laid off and will earn nothing.

They can thank government "help".

Abolish the minimum wage.

Comments are closed.

    RSS Feed

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015



  • Home
  • Archives
  • About