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Fast Food Wage War

Dec 4, 2013|

Fred Floss

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Automatically Generated Transcript (may not be 100% accurate)

Our guest on the WB and live line is Fred floss populist ecology economics professor Fred good morning. Ordered we're talking about the fast food worker protest scheduled for tomorrow in 100 cities it's -- push for higher paid they're trying to call attention to the difficulties of living. And a federal minimum wage of 725 an hour. Fred let me ask you this what what do you make of this protest. Well I mean -- -- it's not unexpected and if you think about what happened in new York and other places where the state minimum wage is. -- -- I think that's been opened people to realize it's possible. To raise their wages true so. I think you'll probably you know global something like this where. Put it in context for us not only with the changes in New York staple whatever congress' perhaps debating. -- -- I mean I think what are things that we should all think about is there. The minimum wage can't think and adjusted for inflation are and so for a long time what's really going news. The people that the that the bar man -- wages are actually going down every year when UK got into -- term inflation. So it's getting harder and harder -- -- for them. Deliver what they -- so they're even putting it there. Are -- it was before. Really shouldn't get much. -- care and the economy because if you think about it. If we were doing it before and it didn't get an impaired -- Putting it back to where was. -- -- the any real impact certainly term. A friend was the minimum wage ever meant to be a living wage. I don't know that it -- government to be bullied living wage but -- -- most people to keep you are poverty. And work things so called push it's sort of worry about. Is there what we're really doing is subsidizing. These big box stores where we weren. Individuals. Can get -- scams where mayor there aren't. Medicaid. 01 and the government here to pay for all these things and steering the company pay for for current job. You know a living wage or at least a wage figure our property. Fred talk about the impact on the employers do you wanna pay twelve dollars for big Mac. Well if you think about it they're -- -- if they're praying it is maybe we certainly need to bear in order of the solution would be to -- appraisal if people think about it it'll it'll. But it's not just there to question -- and economists importing is are we we're facilitating air resource. So do we have too many big box stores too eager to mania. Our McDonald's so and Burger King -- in all the rest because what we're doing is we're making these things cheaper than we really should be. What do you think this really is gonna have an impact tomorrow. Our. A lot gonna depend on whether -- they continue. Two broke it this group one current protests. Weird one married. News there's probably not gonna -- very much intact but on the other hand you know. People continue to grow our pool area and the community's gotten involved in this very very easily could are. It's important thing but one more thing that we should realize. Is there. This could get some arbiter in here. Move on New York State is we already error. Higher minimum wage so what this is gonna do -- make it more expensive pubic hair is going to be works Spencer and New York. You're expected to -- worked Spencer in states where they go don't. The higher minimum wage so bear with me. On your heart it's so big people in New York should think about where we repair here a bad thing for -- the support. An increasingly low wage in other. Fred thanks for joining us. It's -- floss and economics professor at SUNY buffalo state.


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