Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: J_F_Shepard who wrote (770733)	2/22/2014 2:43:53 PM
From: longnshort	1 Recommendation Recommended By joseffy Read Replies (1) \| Respond to of 1574333

food stores have self service check outs why ? minimum wage laws, my local store used to have like 10 people at all times now 6.

To: J_F_Shepard who wrote (770733)	2/22/2014 3:13:37 PM
From: Brumar89	Read Replies (1) \| Respond to of 1574333

And you can pay extra for that ambience.

To: J_F_Shepard who wrote (770733)	2/22/2014 5:49:06 PM
From: i-node	Read Replies (1) \| Respond to of 1574333

>> People eat in restaurants for excellent food, the dining experience, the service, the ambient, the social experience..... They're not lining up at a chuck wagon.... The vast majority of people who are eating out are eating at McDs, BK, Chilis, Olive Garden, Outback Steak House, etc. -- the big chain and inexpensive independent outfits feed more people in a day than the fine dining places do in a month. A casino buffet will turnover 250x the patrons in a day the same casino's steak house will. Fine dining is great, but if they all closed up tomorrow it would make less of a dent in employment than the minimum wage increase we're talking about would. Just to put it in perspective. And the chain outfits will gladly accommodate people with touch screens. It has begun and the transition will be swift. The more expensive workers are the more swift it will be, obviously. So it makes no sense at all to even be discussing a minimum wage increase at this point. What I'm most confused about is how fucking stupid a person has to be to NOT see that increasing the cost of labor will result in less of it being used. You nutjobs -- from you and CJ to tejek -- consistently try to argue against what any person who has ever been in business knows to be fact. It is really dumb if you ask me. I learned this in 11th grade economics.