Earlier quoted context omitted.
>It will also force employees to look for higher-paying jobs ...implying they weren't already doing so? I'm not sure about you, but I don't think applebees is the type of place you stick around for "the good work culture" or whatever.
I think you overestimate the mobility of a lot of these people. For many it will push them out of work if the wages stop covering the costs
Applebee’s exec urges using high gas prices to push lower wages, sparks walkout
161–170 of 582 posts
Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout
#162Earlier quoted context omitted.
Exactly. He is not the only person thinking this; he was just the only one who put his thoughts on paper. I remember when American capitalism was about succeeding by making other people successful. This kind of business - succeeding by sucking the blood out of your employees - should never be tolerated.
When, exactly, was American capitalism about anything other than extracting maximal value from labor?
Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout
#163Rising gas prices mean we can lower wages to keep employees? Outside of the moral implication, this doesn't even logically make sense. People are already facing higher costs, if you pay them lower, they will not work for you, because you know, commuting to work at your place will eat into the budget.
The main fault in their reasoning is the belief that higher living costs necessarily results in more people getting into the labor market.
At some point the marginal benefit to a worker becomes zero or negative, where higher living costs can actually result in a reduction in the labor pool. Whether we are at that point though, is not known yet without more information about the localized economy.
Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout
#164I wonder what the USA would look like if minimum wage was defined as; two people being able to afford a 1 bedroom apartment within a 1 hour drive without traffic. The static (both in the nominal and inflation adjusted sense) for minimum wage doesn't make sense imo. Minimum wage should be tied to some level of living (not necessarily a great living, but something ) This guy smh
Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout
#165I don't think it's an Applebee's exec it's an Applebee's franchise exec. Unless I'm misunderstanding.
Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout
#166Hopefully this is the moment we realize that capitalism is really not serving us in any meaningful way. As long as we have enough people brave enough to quit and take to the streets the working class might have a fighting chance at ending their exploitation.
Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout
#167Earlier quoted context omitted.
Mass confusion. Every location has to have a custom minimum wage based on the local real estate market? How are you going to enforce that? How about people figure out how much money they need to afford the lifestyle they want and then get a job that pays that much?
> Every location has to have a custom minimum wage I think the federal structure of the USA lends itself nicely to that problem. There would be an issue in extremely heterogeneous states like Washington or California, where the big cities on the coast are known for being expensive while the interior is often cheaper, less desirable and subject to snobbery, as in the case of Bakersfield which I have never heard anythi…
Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout
#168Earlier quoted context omitted.
Your suggested title is too long for submission. Sometimes you need to use your best judgement in applying the HN guidelines.
The headline is deceptive as written. It's an executive at an Applebee's franchisee with 47 restaurants, not the chain itself.
It never ceases to amaze me the way that people with any type of power treat and think about people with less power.
Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout
#169I wonder what the USA would look like if minimum wage was defined as; two people being able to afford a 1 bedroom apartment within a 1 hour drive without traffic. The static (both in the nominal and inflation adjusted sense) for minimum wage doesn't make sense imo. Minimum wage should be tied to some level of living (not necessarily a great living, but something ) This guy smh
I think there should be an exception for people who are financially dependent on someone else. If you're a teen living at home you should be able to work for whatever someone will pay.
Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout
#170If I were King of America, the tax code (and other financial instruments I can't think up on the spot) would reward companies based on the degree to which they enrich their rank and file employees.
edit: with a 200% penalty for administrative fees.