The Subsidized Meal
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I thought this was going to be:
McDonald's doesn't offer it's employees a living wage since that would increase prices to unacceptable levels
Some of their staff need to claim welfare assistance to get by
Prices are thus kept low
Tax payers are subsidizing fast food prices -
I thought this was going to be:
McDonald's doesn't offer it's employees a living wage since that would increase prices to unacceptable levels
Some of their staff need to claim welfare assistance to get by
Prices are thus kept low
Tax payers are subsidizing fast food prices@Doctor-Phibes said in The Subsidized Meal:
I thought this was going to be:
McDonald's doesn't offer it's employees a living wage since that would increase prices to unacceptable levels
Some of their staff need to claim welfare assistance to get by
Prices are thus kept low
Tax payers are subsidizing fast food pricesMaybe, in part. But with what welfare pays in some states, many choose not to work at all.
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From the article
Social media users aimed their anger at the McDonald's parent company, rather than the franchisees who - in many cases - are small business owners.
I think most people do not make a difference between the two. And with the cost of a McDonald store to buy means that most owners are not typical small business owners.
Those approved to launch new McDonald’s franchises can expect to shell out between $1,000,000 and $2,300,000 to get the restaurant up and running.
https://www.investopedia.com/articles/insights/072516/cost-buying-mcdonalds-franchise-mcd.asp
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A franchise pays for itself over time, as the owner eats there for free.
Education is extremely important.
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@Horace said in The Subsidized Meal:
A franchise pays for itself over time, as the owner eats there for free.
At $5 per meal and three meals a day, the owner has to eat 200,000 meals, about 182 years of “free” meals, to get to “$1 million” to “break even.”
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@Horace said in The Subsidized Meal:
A franchise pays for itself over time, as the owner eats there for free.
lol
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@Horace said in The Subsidized Meal:
A franchise pays for itself over time, as the owner eats there for free.
The manager and shift managers do, too. At least at the ones around here.
That means Ax's math is a bit off.
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@Horace said in The Subsidized Meal:
A franchise pays for itself over time, as the owner eats there for free.
The manager and shift managers do, too. At least at the ones around here.
That means Ax's math is a bit off.
@Jolly said in The Subsidized Meal:
@Horace said in The Subsidized Meal:
A franchise pays for itself over time, as the owner eats there for free.
The manager and shift managers do, too. At least at the ones around here.
That means Ax's math is a bit off.
They'll be dead of heart disease long before that happens
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@Horace said in The Subsidized Meal:
A franchise pays for itself over time, as the owner eats there for free.
At $5 per meal and three meals a day, the owner has to eat 200,000 meals, about 182 years of “free” meals, to get to “$1 million” to “break even.”
@Axtremus said in The Subsidized Meal:
@Horace said in The Subsidized Meal:
A franchise pays for itself over time, as the owner eats there for free.
At $5 per meal and three meals a day, the owner has to eat 200,000 meals, about 182 years of “free” meals, to get to “$1 million” to “break even.”
As the owner, you are free to set the prices. You can eat a $10000 meal three times a day.
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It would be nice if McDonalds employees could afford to eat at McDonalds…
But… This leads to practical/ethical questions that should probably be in it’s own thread.
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How are there still websites like this in 2024? This reminds me of 1998. The areas in yellow are article contents as you scroll along, everything else is an ad.
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How are there still websites like this in 2024? This reminds me of 1998. The areas in yellow are article contents as you scroll along, everything else is an ad.
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@89th Get off my lawn!!! 555
@taiwan_girl said in The Subsidized Meal:
@89th Get off my lawn!!! 555
Both of you can get off my lawn. I started using the Web using Mosaic.
And Gopher before that.
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I used Mosaic (early/mid 90s?) briefly but otherwise... my gut says the ads (especially pop-up ads) got crazy from like 1998 to 2004 until they began to settle down... but lately news websites like this are 99% clickbait farms.
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How are there still websites like this in 2024? This reminds me of 1998. The areas in yellow are article contents as you scroll along, everything else is an ad.
