JD_MRT

6 ms·

1. 1.▲
   by JD_MRT 7y ago

   I guess that we disagree on the relative merits of minimum wage laws. I tend to see them as a very blunt tool. In the short term might work, but long run no impact (nothing changes) or negative side effects. In the case of your example, if
2. 2.▲
   by JD_MRT 7y ago

   In the case of cities like NY, London, Amsterdam, San Francisco and the like yes, but not necessary overnight, maybe take a year or so. My point is not that if Mcdonalds only where to raise its wages, but all Mcdonalds like companies. Also,
3. 3.▲
   by JD_MRT 7y ago

   I looked at 2018's annual report. Net income divided by total revenues. Google should that show that in a quick search.
4. 4.▲
   by JD_MRT 7y ago

   You have to realize that Norway is swimming in oil, so quite easy to subsidize all that you want. Then McDonald's net income is about USD 6bn not USD10bn. Which divided by its 1.7 million employees would make an extra USD 294 per mont