Minimum wage hikes across the nation continue to lift up America's fast-foot workers. NOT!
In fact, as a result of minimum wage hikes, there are a lot of Wendy's workers who will soon be ex-workers.
But don't despair. Unions seem to be scoring big public relations victories, and we're told that the robots who will soon be replacing the now-too-expensive human employees are thrilled to find jobs in this economy.
The Wall Street Journal notes:
Last week the Wendy’s Company did a public service on its second-quarter earnings call by explaining how mandated wage hikes will lead to fewer jobs for the low-skill workers that progressives claim to be helping.
First, CFO Todd Penegor talked about the pressure to pay higher wages and said that “we continue to look at initiatives and how we work to offset any impacts of future wage inflation through technology initiatives, whether that’s customer self-order kiosks, whether that’s automating more in the back of the house in the restaurant. And you’ll see a lot more coming on that front later this year from us.”
So the company will now use machines to do jobs that used to be done by people who have become too expensive to employ. We keep hearing that these minimum-wage laws benefit restaurant workers. But since many will no longer be working in restaurants at all, the reasonable conclusion is that the activist campaigns to raise the minimum wage are mainly intended to benefit the unions that back them.
And the Democratic politicians who are backed by the unions . . .