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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (760513)1/1/2014 4:29:14 AM
From: i-node2 Recommendations

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FJB
TimF

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>> The person behind the counter at your favorite fast-food restaurant is more apt to be an adult trying to make ends meet than a teenager earning pocket change, according to findings released Thursday.

ONLY because of the incompetent economic policy of the current administration.

If you're an employer -- a fast food joint, for example, and you are in a buyer's market such as McDs is in now for labor, but you're forced to pay a minimum wage, then you're ALWAYS going to hire the best qualified people you can get for the minimum wage you pay. As it turns out, older people make better employees than kids. Having run a couple of fast food joints in my younger days, I can tell you that you always prefer older employees because they're more reliable and more circumspect about the job.

But in good job markets, older people will be able to get better [non minimum wage] jobs and you're stuck hiring kids. As it should be.

In lousy job markets you can hire 30 year olds and even 60 year olds for the same money. And they're far more committed to doing a good job.

Get rid of the incompetent economic policy and McDs will once again be working teenagers.
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