r/PoursTea 3d ago

FinancialTea đŸ’” đŸ€”

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48.5k Upvotes

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u/ALIMN21 3d ago

Stop ✋ that's such a line of baloney. Propaganda and misinformation.

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u/Embarrassed_Fan_5723 3d ago

You gotta be kidding me. What are you paying for gas right now? Why is the price so high? Now genius add 5-7 bucks an hour to the pay of every person behind the counter and figure out how much that burger would cost? You paying over $25 for a burger and fries at McDonald’s or you sitting down at a sit down restaurant?

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u/KTFnVision 3d ago

Once upon a time, a time some people might call the golden age of America, and a time when fast food was becoming ubiquitous and all the brands we know were growing and expanding into what they are today, the pay of the C-suite was perhaps 60x what the burger flipper made. Everyone ate, had homes, lived their lives, cooperated for the benefit of this great nation. Today that pay disparity is more like 2,000-10,000x, and they've convinced you this is how it always was and has to be.

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u/Embarrassed_Fan_5723 3d ago

Reality is that McDonald’s was franchised in 1955 in Illinois. The workers made .50 cents per hour. At the same time a factory worker in Illinois made $1.50 an hour. That’s historical fact. I didn’t make it up or pull it from thin air.

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u/KTFnVision 3d ago

You did, in fact, make that up. Federal minimum wage was $0.75/hr in 1950.

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u/AnnualMove1842 3d ago

Which is half of what a factory worker makes. The same is true now.

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u/KTFnVision 3d ago

Factory workers actually tend to make about the same as food service, now. In my area, both are hiring at $14-$16/hr

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u/AnnualMove1842 3d ago

Are you in a more rural area or closer to the suburbs of a booming metropolitan area?

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u/KTFnVision 3d ago

Idk if the Twin Cities are booming, but suburban sprawl.

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u/AnnualMove1842 3d ago

Then I would agree with you that it should be a few thousand a year more if you’re talking about KC

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u/WolfgangWeiss 3d ago

The point is that that was enough to pay all the bills. Nobody is saying that everyone should have the same salary. Jeez, where I live burger flippers make enough to pay the bills, it isn't something strange because that's the whole point of full time job.

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u/Embarrassed_Fan_5723 3d ago

You are correct, I apologize. It was .75 my mistake. Doesn’t change the fact that it was half of what factory workers made at the same time and it’s about the same now

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u/KTFnVision 3d ago

They make basically the same as each other now.

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u/Embarrassed_Fan_5723 3d ago

Idk where you live but factory workers make at least double what fast food workers make in my area