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Bill Bateman
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Bill Bateman   My Press Releases

The lesson of Robot Hamburgers

Published on 7/5/2016
For additional information  Click Here

$12.25 per hour...

 

That’s the current minimum wage in San Francisco, California

 

But wait, by July of 2018 - just 2 years from now - minimum wage will be $15 per hour. If I was 16 again (when I was paid $1.85 an hour minimum wage) I would be thinking…

 

Nice!

 

When the federal minimum wage first became law in 1938, it was 25 cents. Adjusted for inflation, that amount would be worth $4.19 today in 2016.

 

But, the federal minimum wage for covered nonexempt employees is actually $7.25 per hour . That’s been the wage since July 24, 2009. It hasn’t gone up because for 8 years the federal inflation rate has been pretty much zero.

 

Despite the fact that minimum wage is designed for entry level positions and low skill jobs, a coalition of left wing groups has relentlessly pursued a never ending demand that minimum wage be increased. The latest demand is a FEDERAL mandate that all employers pay $15 an hour.

 

"I have supported the Fight for $15, I am proud to have the endorsement of most of the unions that have led the Fight for $15." - Hillary Clinton

 

The unions figure that if the minimum wage increases they will have an argument to demand even higher union wages for unionized workers and of course that means higher union dues. Higher union dues translates to higher campaign contributions for the democrat party but…

 

Entrepreneurs are always a step ahead. Which brings us to...

 

San Francisco Restaurant’s Robots Will Crank Out 400 Burgers an Hour

 

If you read the article you will learn that once labor cost is greatly reduced, the “Momentum” restaurant will make hamburgers at a lot lower cost. That will enable them to sell hamburgers at a lower price and give them a competitive advantage in the marketplace.

 

Our device isn’t meant to make employees more efficient,” Momentum’s co-founder has said. “It’s meant to completely obviate them

 

“Obviate” is a polite way of saying “make them unnecessary”

 

Many jobs just don’t merit a lot of pay. When markets are artificially manipulated they react. That’s just reality. The folks demanding higher pay for work that does not deserve it inevitably get what they deserve - unemployment.

 

Just something to think about

 

Bill Bateman (like Batman with an “E” in the middle I tell folks on the phone)


PS - I coach insurance agencies and home based businesses to automate EVERYTHING they can in their business. A big part of most small business that can be mostly automated is the marketing. One automation tool I endorse is LeadJumper - take a look and see if you agree with me that it’s cost is a very small percentage of it’s value

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