Time is money, you guys, and money is time (as well as speech) which is why this nice McDonald's worker would have to work for ONE MILLION HOURS to make as much as the McDonald's CEO did in 2011 alone. The CEO's time is just that much more valuable, so the Market has put a fair price on his time, because the Market is infallible.
Good grief the absolute lack of anything remotely approaching good faith in any of your argumentation is jawdropping.
Shawn never assumed that TJ had reached his potential, that is of course the shit you&#039;ve been smearing all over this thread; Shawn merely pointed out that <em>even if your assumption is correct</em> it still doesn&#039;t support the lame-ass justifications of his exploitation you&#039;ve been assaulting us with. Suggest you go learn about the concept of <a href="http:\/\/en.wikipedia.org\/wiki\/Arguendo" target="_blank">arguendo</a>.
Raises should be given when corporate profits are through the motherfucking roof, and especially when the increase in profitability has been acknowledged by the motherfucking Chief Financial fucking Officer as being driven by people in entry-level jobs providing better service. This is <strong>precisely</strong> the situation at McDonald&#039;s.
It&#039;s a fundamental assumption in the American concept of liberty that individuals should enjoy the fruits of their labor, although you&#039;re apparently intent on associating yourself with an infamous group of Americans who didn&#039;t believe that should apply to all individuals.
Also, specific examples were provided of good corporate citizens that don&#039;t treat their employees like serfs and yet remain quite profitable thank you very much. But like everything else that has undermined your monomaniacal desire to paint the plight of the working poor in this country on the working poor themselves so you can continue not to have to acknowledge the existence of exploitative employment practices, you simply ignore that.
You could take a hundred showers and never wash the stench of condescension of that comment. Fortunately, that smells <em>great</em> to performance evaluators.
Also, CLEARLY YOU DID NOT READ THE PART WHERE HE GETS REPEATEDLY DEMOTED BECAUSE OF OWNERSHIP CHANGES AT THE FRANCHISES WHERE HE WORKS.
CEOs love to think that all the bullshit financial engineering they do to make pretty reports that Wall St. analysts can fap to increases value, because that entire class has completely lost any connection to the reality of what &quot;value&quot; means. Value is produced when somebody creates a product or provides a service - i.e. what Tyree Johnson does - not when somebody works out how to move a number from one column to another so they can create an entirely artificial spike in RoC and use it to justify a massive bonus for themselves.
Also too, where exactly is he supposed to keep the clean uniform such that the stink of grease won&#039;t pervade it, too? He&#039;s going direct from job 1 to job 2, after all.
<blockquote>Really, which is the most likely scenario: <br /> McDonald&#39;s creates a poverty trap where none of its workers cannot get higher wages, promotions, or even another job at another company<br />or<br />TJ&#39;s story is a total outlier</blockquote><br /><br />False choice. Since there are more burger flippers than managers, it should be obvious to anyone that it&#39;s not necessary for a situation where \"none of its workers\" can get ahead for it to be the case that <em>some</em> of the workers cannot get ahead, or even <em>many</em> of the workers. In other words, it&#39;s quite possible that it&#39;s the ones that do get promoted are the outliers.<br /><br />Given that working 40 hours a week at minimum wage is not sufficient to pay the average rent on a two bedroom apartment in any state in the country, and given that city rents are above average, and given that it&#39;s therefore impossible for minimum wage workers to build up reserves to buffer against unemployment, and given that you&#39;re not entitled to unemployment benefits if you quit, it&#39;s absolutely the case that McDonald&#39;s creates a poverty trap where many of its entry level workers do not have the opportunity to look for work elsewhere. Looking for work is expensive.
The pervasive stench of grease laughs loudly in the face of your pathetic bag and also your truly lame strawman characterizations. The point of the article was that the front line workers have gained literally none of the benefit of the skyrocketing profitability of the corporate machine for which they are the engine, it has instead been entirely captured by the executive class.
If the front-line workers add no value, why have they not all been fired already? Oh, maybe it&#039;s because the company would quickly go bankrupt without them? What&#039;s the difference between bankruptcy and multi-billions of dollars of profit? I&#039;d call that value.
Yes yes, the 1.6% annual growth rate in the number of franchised and affiliated restaurants worldwide totally explains the average 24% annual profit growth sustained from 2007-2011. How stupid of me.
Also, it&#039;s &quot;anthropomorphic&quot;. &quot;Anamorphic&quot; refers to process of altering the aspect ratio of a cinematic production for home viewing. Point is, if you think there&#039;s any bag that&#039;ll keep a set of clothes free from the smell of McDonalds for several hours anywhere within a McDonalds, especially within the nonpublic parts of the place, then apparently not only are you not a customer of theirs, but you&#039;ve never been within 100 yards of one. Or you have no sense of smell.
Of course, the throwaway &quot;more than a century on the clock&quot; actually minimizes the issue, since it&#039;s more than a century of being on the clock 24/7. It&#039;s 500 years of working 40 hours a week, 50 weeks a year (haha, like McDonalds&#039; flippers get vacation!)
Good grief the absolute lack of anything remotely approaching good faith in any of your argumentation is jawdropping.
Shawn never assumed that TJ had reached his potential, that is of course the shit you&#039;ve been smearing all over this thread; Shawn merely pointed out that <em>even if your assumption is correct</em> it still doesn&#039;t support the lame-ass justifications of his exploitation you&#039;ve been assaulting us with. Suggest you go learn about the concept of <a href="http:\/\/en.wikipedia.org\/wiki\/Arguendo" target="_blank">arguendo</a>.
Raises should be given when corporate profits are through the motherfucking roof, and especially when the increase in profitability has been acknowledged by the motherfucking Chief Financial fucking Officer as being driven by people in entry-level jobs providing better service. This is <strong>precisely</strong> the situation at McDonald&#039;s.
It&#039;s a fundamental assumption in the American concept of liberty that individuals should enjoy the fruits of their labor, although you&#039;re apparently intent on associating yourself with an infamous group of Americans who didn&#039;t believe that should apply to all individuals.
Also, specific examples were provided of good corporate citizens that don&#039;t treat their employees like serfs and yet remain quite profitable thank you very much. But like everything else that has undermined your monomaniacal desire to paint the plight of the working poor in this country on the working poor themselves so you can continue not to have to acknowledge the existence of exploitative employment practices, you simply ignore that.
Wha????
You could take a hundred showers and never wash the stench of condescension of that comment. Fortunately, that smells <em>great</em> to performance evaluators.
Also, CLEARLY YOU DID NOT READ THE PART WHERE HE GETS REPEATEDLY DEMOTED BECAUSE OF OWNERSHIP CHANGES AT THE FRANCHISES WHERE HE WORKS.
CEOs love to think that all the bullshit financial engineering they do to make pretty reports that Wall St. analysts can fap to increases value, because that entire class has completely lost any connection to the reality of what &quot;value&quot; means. Value is produced when somebody creates a product or provides a service - i.e. what Tyree Johnson does - not when somebody works out how to move a number from one column to another so they can create an entirely artificial spike in RoC and use it to justify a massive bonus for themselves.
Also too, where exactly is he supposed to keep the clean uniform such that the stink of grease won&#039;t pervade it, too? He&#039;s going direct from job 1 to job 2, after all.
<blockquote>Really, which is the most likely scenario: <br /> McDonald&#39;s creates a poverty trap where none of its workers cannot get higher wages, promotions, or even another job at another company<br />or<br />TJ&#39;s story is a total outlier</blockquote><br /><br />False choice. Since there are more burger flippers than managers, it should be obvious to anyone that it&#39;s not necessary for a situation where \"none of its workers\" can get ahead for it to be the case that <em>some</em> of the workers cannot get ahead, or even <em>many</em> of the workers. In other words, it&#39;s quite possible that it&#39;s the ones that do get promoted are the outliers.<br /><br />Given that working 40 hours a week at minimum wage is not sufficient to pay the average rent on a two bedroom apartment in any state in the country, and given that city rents are above average, and given that it&#39;s therefore impossible for minimum wage workers to build up reserves to buffer against unemployment, and given that you&#39;re not entitled to unemployment benefits if you quit, it&#39;s absolutely the case that McDonald&#39;s creates a poverty trap where many of its entry level workers do not have the opportunity to look for work elsewhere. Looking for work is expensive.
The pervasive stench of grease laughs loudly in the face of your pathetic bag and also your truly lame strawman characterizations. The point of the article was that the front line workers have gained literally none of the benefit of the skyrocketing profitability of the corporate machine for which they are the engine, it has instead been entirely captured by the executive class.
If the front-line workers add no value, why have they not all been fired already? Oh, maybe it&#039;s because the company would quickly go bankrupt without them? What&#039;s the difference between bankruptcy and multi-billions of dollars of profit? I&#039;d call that value.
So now you&#39;re <em>deliberately</em> ignoring his history to preserve your smug self-satisfaction.
Yes yes, the 1.6% annual growth rate in the number of franchised and affiliated restaurants worldwide totally explains the average 24% annual profit growth sustained from 2007-2011. How stupid of me.
Also, it&#039;s &quot;anthropomorphic&quot;. &quot;Anamorphic&quot; refers to process of altering the aspect ratio of a cinematic production for home viewing. Point is, if you think there&#039;s any bag that&#039;ll keep a set of clothes free from the smell of McDonalds for several hours anywhere within a McDonalds, especially within the nonpublic parts of the place, then apparently not only are you not a customer of theirs, but you&#039;ve never been within 100 yards of one. Or you have no sense of smell.
Tell that to In &#039;N&#039; Out Burger. Well paid employees, excellent food, and low prices.
All stores are company owned, of course...
McDonalds is a real estate company that sells burgers on the side.
It&#039;s enough to make a body think &quot;Mangez les riches&quot;, n&#039;est-ce pas?
Probably be a much more difficult question to answer.
Some years ago I worked in a shopping center outside Chicago. More kids lined up to meet Ronald McDonald than Santa Claus.
America died that day...
See &quot;Food, Inc.&quot;
Remember when Jack in the Box sold shakes that had no dairy products of any kind in them?
Of course, the throwaway &quot;more than a century on the clock&quot; actually minimizes the issue, since it&#039;s more than a century of being on the clock 24/7. It&#039;s 500 years of working 40 hours a week, 50 weeks a year (haha, like McDonalds&#039; flippers get vacation!)
In a somewhat indirect way, you have put your finger on why (r)Money lost and President Obama won.
Let&#039;s think... what words start with &quot;C&quot; that most people don&#039;t want to spell out in full?