The Briefing Room

General Category => Economy/Business => Topic started by: GtHawk on September 20, 2023, 04:09:19 pm

Title: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast food
Post by: GtHawk on September 20, 2023, 04:09:19 pm
The bill would impose new standards for wages, working hours and other conditions related to the health, safety and welfare of fast food restaurant workers.
AB 1228 applies to fast-food chains with at least 60 locations nationwide — except for those that make and sell their own bread.
The bill’s landmark change is a minimum wagehike to $20, starting April 1, 2024, almost $5 higher than the Golden State’s minimum wage of $15.50.

https://finance.yahoo.com/news/devastating-financial-blow-mcdonald-franchisee-163000954.html

Newsome and the democrats in California are INSANE! This bill would cripple every large fast food chain in the state and will push the move to robotics and order kiosks into overdrive, it will force owner/operators to raise already high prices higher and to cut staffing to the absolute bare minimum. The socialists running this state seem to think that unskilled manual labor is worth $20, no doubt to be a 'living wage' whatever that means since they are driving the wage earners out of earning a wage. This is what happens when you have politicians that have never run a business or even understand basic economics passing laws on business. The MickeyD's owner/operator I worked for has I think six or seven locations now, that would mean the state would rob him of $1.5 to 1.75 million each and every year above and beyond what he already pays, and there are operators that own a lot more locations than that. The McDonald's Corp owns and operates very few of it own stores so it and it's share holders would be hit hard by the lower revenue this stupidity would cause.
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: Wingnut on September 20, 2023, 04:22:40 pm
Gov Hair Gel should be flipping burgers not running his state into poverty.
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: Kamaji on September 20, 2023, 04:30:56 pm
Stupid is as stupid does.
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: LMAO on September 20, 2023, 04:37:02 pm
What will he run on if he ran for president? Would he promise to do to America what he’s done to California?
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: SZonian on September 20, 2023, 05:39:52 pm
A by-product of uneducated or under educated "immigrants" coming here who are displacing the teenagers who normally occupied these jobs.

I rarely eat out anymore due to the insane costs of products that in most cases, barely meet the definition of "food".

Portion sizes and quality are way down.
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: DefiantMassRINO on September 20, 2023, 06:35:13 pm
McDonald's just got into the bread baking business.

Those restaurants generate employee income taxes, customer meals taxes, property taxes, and God knows what other tax Kalifornia may invent.
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: cato potatoe on September 21, 2023, 04:49:38 pm
What will he run on if he ran for president? Would he promise to do to America what he’s done to California?

He would continue to prey on the staggering ignorance of voters.  What amazes me is most people cannot trace consumer prices back to labor costs.  It's like they imagine the franchise owner has a money printing machine in the back office, and he only raises prices because he's mean.
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: Kamaji on September 21, 2023, 05:35:47 pm
He would continue to prey on the staggering ignorance of voters.  What amazes me is most people cannot trace consumer prices back to labor costs.  It's like they imagine the franchise owner has a money printing machine in the back office, and he only raises prices because he's mean.

Exactly.  And that goes for any business, not just restaurant franchisees.
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: LMAO on September 21, 2023, 06:17:20 pm
He would continue to prey on the staggering ignorance of voters. 

That he handily survived his recall  confirms this  statement.
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: Smokin Joe on September 21, 2023, 06:22:53 pm
He would continue to prey on the staggering ignorance of voters.  What amazes me is most people cannot trace consumer prices back to labor costs.  It's like they imagine the franchise owner has a money printing machine in the back office, and he only raises prices because he's mean.
Two things driving food prices tight now, labor costs and fuel/shipping costs are key causes of inflation.  All of this Dem nonsense is driving those.
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: Free Vulcan on September 21, 2023, 06:23:58 pm
All this will do is tick off alot of usually non-political people. Keep at it Gov Nuisance.
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: LMAO on September 21, 2023, 06:27:16 pm
All this will do is tick off alot of usually non-political people. Keep at it Gov Nuisance.

But those people then just pack up and leave the state

What stays behind are  his “guaranteed to vote for him regardless” base
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: mountaineer on September 21, 2023, 06:42:21 pm
What does baking bread have to do with anything?

Why do I sometimes feel like I'm living in an alternate universe?
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: Fishrrman on September 21, 2023, 09:15:24 pm
McDonald's ought to start baking (and offering for sale in their restaurants) their own line of hamburger rolls.

Then watch the Kalifornia leftists squirm...
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: GtHawk on September 21, 2023, 09:39:56 pm
McDonald's ought to start baking (and offering for sale in their restaurants) their own line of hamburger rolls.

Then watch the Kalifornia leftists squirm...
Well there was a time when we made our biscuits by scratch and baked them all in store, before they had mass produced frozen biscuits brought in. If biscuits count as bread maybe they should go back to in house production.
Title: Re: ‘A devastating financial blow’: McDonald’s franchisee group slams California’s ‘draconian’ fast
Post by: mountaineer on September 21, 2023, 09:51:38 pm
The restaurant can buy frozen pre-made unbaked rolls. Pop 'em in the oven, and there you are. Fresh-baked bread products.