Fmr. McDonald’s USA CEO: $35K Robots Cheaper Than Hiring at $15 Per Hour

English: A Quarter Pounder w/Cheese from McDonald's, as sold in the United States. (Photo credit: Wikipedia)

Soon to be made by a robot near you!

Well, of course, it is. That’s simple common sense, and government can try, but the market wins every time. Look I wrote about this a bit over two years ago, here, and if anything has changed, it’s not for the better.

Here’s the takeaway quote for you:

“I was at the National Restaurant Show yesterday and if you look at the robotic devices that are coming into the restaurant industry — it’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who’s inefficient making $15 an hour bagging French fries — it’s nonsense and it’s very destructive and it’s inflationary and it’s going to cause a job loss across this country like you’re not going to believe,” said former McDonald’s (MCD) USA CEO Ed Rensi during an interview on the FOX Business Network’s Mornings with Maria.

He also said this, which is also true, although in truth we’d be better off if we simply left it to the market.

“I think we ought to have a multi-faceted wage program in this country. If you’re a high school kid, you ought to have a student wage. If you’re an entry level worker you ought to have a separate wage. The states ought to manage this because they know more [about] what’s going on the ground than anybody in Washington D.C.,” he said.

Here’s the link along with the warning that it’s got an autoplay video on it. It’s a good video, though.

via Fmr. McDonald’s USA CEO: $35K Robots Cheaper Than Hiring at $15 Per Hour | Fox Business

Look none of this is rocket science done with a slide rule, it’s simple common sense. I realize that politicians with common sense are an endangered species, but this will harm those who are already hurting the most, especially our minorities. Strange, I’m a conservative white guy, how come I care more about those young black guys than all the liberal Democrats (and Bernie Sanders) put together?

Why, Indeed?

 

Advertisements

About NEO
Lineman, Electrician, Industrial Control technician, Staking Engineer, Inspector, Quality Assurance Manager, Chief Operations Officer

6 Responses to Fmr. McDonald’s USA CEO: $35K Robots Cheaper Than Hiring at $15 Per Hour

  1. the unit says:

    Someone(?) in government will say “you didn’t become inefficient by yourself.” Confiscate the robot, give title to the unemployed person, and make the CEO pay rent through the nose. All with the approval or at least silence of Congress.

    Like

    • NEO says:

      Yep, that’ll work for about 5 minutes. the length of time it takes to lock the door, or just walk away. Who is John Galt?

      Like

      • the unit says:

        I didn’t mean to be so specific. Just mean some government control somehow be tried. Maybe just say “As with before shutting down the government, now the Republicans have shut down McDonald’s.” lol

        Liked by 1 person

        • NEO says:

          Yeah, in that sense it could be true. Stupid times we live in!

          Like

  2. Pingback: My Article Read (6-12-2016) – My Daily Musing

  3. Pingback: My Article Read (6-12-2016) – My Daily Musing | franciscansonthemountains

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s