The correct (and only) answer to minimum wage hikes is to fire staff.
As Dispatch.com reports, the Dublin-based burger giant started offering kiosks last year, and demand for the technology has been high from both customers and franchise owners.
"There is a huge amount of pull from (franchisees) in order to get them," David Trimm, Wendy's chief information officer, said last week during the company's investors' day.
"With the demand we are seeing ... we can absolutely see our way to having 1,000 or more restaurants live with kiosks by the end of the year."
A typical store would get three kiosks for about $15,000. Trimm estimated the payback on those machines would be less than two years, thanks to labor savings and increased sales. Customers still could order at the counter.
Kiosks are where the industry is headed, but Wendy's is ahead of the curve, said Darren Tristano, vice president with Technomic, a food-service research and consulting firm.
"They are looking to improve their automation and their labor costs, and this is a good way to do it," he said.
Who could have seen that coming? As we noted previously, minimum wage laws - while advertised under the banner of social justice - do not live up to the claims made by those who tout them. They do not lift low wage earners to a so-called "social minimum". Indeed, minimum wage laws — imposed at the levels employed in Europe — push a considerable number of people into unemployment. And, unless those newly unemployed qualify for government assistance (read: welfare), they will sink below, or further below, the social minimum.
I grabbed a coffee. I read the whole thing. It's pretty good. But I do have an issue.
Mr. Lee Smith the aurthor, like many in the media, is blaming the Drudge Report and Craigslist for killing off "quality content" as they like to call it. Otherwise known as Real Journalism (TM).
But the meteor did not hit when Drudge broke the Blue Dress for free on the internet. The meteor hit a really long time before that, back before the Great Depression.
Since Franklin Delano Roosevelt won three terms as President, the American Press has been leaning hard Left. The author mentions this, but he doesn't really understand what it means.
That's not true. I -remember- the pre-Internet press. The American press/tv/radio has been an instrument of political warfare for the DemocRat Party my entire life, 60 years. Big Government is their argument, and has been since the 1920's at least. Probably since Teddy Roosevelt, come to think of it.
The datum that the NY Times hasn't backed a Republican since 1956 is a bigger deal than Mr. Lee Smith would like to let on. They backed Jimmy Carter. That's pre-Internet. There was no excuse for that. Carter was and remains an -idiot- and they backed him to the hilt. Disaster followed, as day follows night.
Only now, since the back of the monopoly was broken by nerds in lab coats, are we actually having a real debate.
Other than that minor quibble, it was a pretty good article. >:)