Fast food restaurants are already replacing cashier's with kiosks.....much easier to press buttons and order food than try to order to people who can't understand English or make change. Much cheaper too
- rrentz

Wally world and Loblaws (frank)ing blow with their changeover to self checkouts and eliminating jobs....I want an actual person to check and bag my items, and I always address the person by their name as a gesture of respect

Fast food restaurants are already replacing cashier's with kiosks.....much easier to press buttons and order food than try to order to people who can't understand English or make change. Much cheaper too
- rrentz

So what about real restaurants? Is the kiosk cooking your poopty Applebee's meal too?

Uh, what? The bubble was real, and predatory lending practices, which are now illegal, were rampant.
- Blackstrom2

Issue for JT's argument is those predatory lending practices weren't isolated to poor and/or uneducated. The foreclosures resulting from those practices spread all around the world (foreign investors), rich to not so rich people buying 2nd and 3rd homes, and yes the poor got hooked as well. But it wasn't a practice to target certain sectors of the economy, it was greedy banks lending money to whoever walked in for a loan on any given day and selling those loans as legit on the secondary market while little or no credence was actually given to whether it could ever be paid back.

That money goes back into company, and helps create new product research, expansion, jobs, and keeps them in country. They also do pay taxes, highest corporate taxes is world, or pretty dam close. Those tax breaks you are talking about aren't in place always, just at times government wants to incentivise corporate growth in specific sectors of business
- rrentz

There is a reason small businesses are closing up and/or selling out all over the place. I know b/c my 4th generation family business that started in 1911 just sold in May. The small family run businesses actually pay those "highest in the world" corporate taxes while the big boys like GE get crony sweetheart deals from states to attract those jobs to that respective state. It makes the governors and state reps look great b/c they can show this awesome job growth of their state when in reality all they are doing is stealing those jobs from a different state.

IMO there should be a reasonable flat rate that all corps pay. No side-deals, no special circumstances. You run a business, you make $ off said business, you pay such a rate on those profits. 35% is (frank)ing ridiculous tho. For a small business every dollar you make up to middle May goes to Uncle Sam. And don't even get me started about how OCare (frank)ed small businesses even more

Wally world and Loblaws (frank)ing blow with their changeover to self checkouts and eliminating jobs....I want an actual person to check and bag my items, and I always address the person by their name as a gesture of respect
- jimi james

For the bold...quite a large assumption this is happening in the first place

For the italics...

So what about real restaurants? Is the kiosk cooking your poopty Applebee's meal too?
- Blackstrom2

Servers don't apply with argument..they make around 3_5$ an HR. Because they work for tips

There is a reason small businesses are closing up and/or selling out all over the place. I know b/c my 4th generation family business that started in 1911 just sold in May. The small family run businesses actually pay those "highest in the world" corporate taxes while the big boys like GE get crony sweetheart deals from states to attract those jobs to that respective state. It makes the governors and state reps look great b/c they can show this awesome job growth of their state when in reality all they are doing is stealing those jobs from a different state.

IMO there should be a reasonable flat rate that all corps pay. No side-deals, no special circumstances. You run a business, you make $ off said business, you pay such a rate on those profits. 35% is (frank)ing ridiculous tho. For a small business every dollar you make up to middle May goes to Uncle Sam. And don't even get me started about how OCare (frank)ed small businesses even more
- uf1910

I'm with ya man....all politicians give out side deals to get what they want. Nothing will ever change unless there are term limits

So what about real restaurants? Is the kiosk cooking your poopty Applebee's meal too?
- Blackstrom2

Nah they are just closing the doors

http://www.businessinside...p-to-135-locations-2017-8

Or they aren't hiring as much

https://www.forbes.com/si...aurant-jobs/#5a88dbfc4177

Wage changes don't hurt all restaurants the same, but the ones they hurt they increasingly kill those locations

https://www.washingtonpos...t/?utm_term=.77a64d2d1b92


This all comes down to simple economics. Restaurants work on low margins to begin with, if the cost of doing business (in this case labor cost) abruptly rises, the restaurant has few options to offset this increased cost basis.

1. Raise prices to the consumer. A 5* $40/plate restaurant can bump the price without the consumer caring much less noticing. However, take an Applebees and a few $ extra for that burger actually does make the consumer feel the pinch.

2. Cut staff to offset the increased cost

3. Shut the doors, take your loss, and move on

I'm with ya man....all politicians give out side deals to get what they want. Nothing will ever change unless there are term limits
- rrentz

Just make it a flat rate and be done with it IMO. 35% is (frank)ing joke but something reasonable like 15% or even 20% would suffice.

Just make it a flat rate and be done with it IMO. 35% is (frank)ing joke but something reasonable like 15% or even 20% would suffice.
- uf1910

Maybe in real world but this is Washington DC we are talking about. Nothing gets done right way

Nah they are just closing the doors

http://www.businessinside...p-to-135-locations-2017-8

Or they aren't hiring as much

https://www.forbes.com/si...aurant-jobs/#5a88dbfc4177

Wage changes don't hurt all restaurants the same, but the ones they hurt they increasingly kill those locations

https://www.washingtonpos...t/?utm_term=.77a64d2d1b92


This all comes down to simple economics. Restaurants work on low margins to begin with, if the cost of doing business (in this case labor cost) abruptly rises, the restaurant has few options to offset this increased cost basis.

1. Raise prices to the consumer. A 5* $40/plate restaurant can bump the price without the consumer caring much less noticing. However, take an Applebees and a few $ extra for that burger actually does make the consumer feel the pinch.

2. Cut staff to offset the increased cost

3. Shut the doors, take your loss, and move on
- uf1910

the restaurant market seems strong overall.

given servers make less than minimum wage (plus tips) and cooks generally make more, i'm not sure if the minimum wage increase will impact full service restaurants that much.

i think the fallout will be in the fast-food restaurant market.

Servers don't apply with argument..they make around 3_5$ an HR. Because they work for tips
- rrentz

....Servers don't cook food....

Nah they are just closing the doors

http://www.businessinside...p-to-135-locations-2017-8

Or they aren't hiring as much

https://www.forbes.com/si...aurant-jobs/#5a88dbfc4177

Wage changes don't hurt all restaurants the same, but the ones they hurt they increasingly kill those locations

https://www.washingtonpos...t/?utm_term=.77a64d2d1b92


This all comes down to simple economics. Restaurants work on low margins to begin with, if the cost of doing business (in this case labor cost) abruptly rises, the restaurant has few options to offset this increased cost basis.

1. Raise prices to the consumer. A 5* $40/plate restaurant can bump the price without the consumer caring much less noticing. However, take an Applebees and a few $ extra for that burger actually does make the consumer feel the pinch.

2. Cut staff to offset the increased cost

3. Shut the doors, take your loss, and move on
- uf1910

Okay? Does that mean that the workforce for restaurants will go down by 80% by 2023?

Kind of a moot point here, since good cooks get paid more than the proposed minimum wage bumps anyway.

the restaurant market seems strong overall.

given servers make less than minimum wage (plus tips) and cooks generally make more, i'm not sure if the minimum wage increase will impact full service restaurants that much.

i think the fallout will be in the fast-food restaurant market.
- Tumbleweed

I am an executive chef and part owner for several successful restaurants. It's kind of clear he's looking at it from an outsider perspective. Or for some reason they are collapsing all restaurants into fast food.

There is a reason small businesses are closing up and/or selling out all over the place. I know b/c my 4th generation family business that started in 1911 just sold in May. The small family run businesses actually pay those "highest in the world" corporate taxes while the big boys like GE get crony sweetheart deals from states to attract those jobs to that respective state. It makes the governors and state reps look great b/c they can show this awesome job growth of their state when in reality all they are doing is stealing those jobs from a different state.

IMO there should be a reasonable flat rate that all corps pay. No side-deals, no special circumstances. You run a business, you make $ off said business, you pay such a rate on those profits. 35% is (frank)ing ridiculous tho. For a small business every dollar you make up to middle May goes to Uncle Sam. And don't even get me started about how OCare (frank)ed small businesses even more
- uf1910

Yeah, just because your family business sold doesn't mean small businesses are closing up.

In fact, survival rate is up. Differentiation is up. Craft beer industry went from 44(!) total breweries in the US in 1979, to the now seemingly thousands and thousands we see everyday.

Maybe in your sector, in your city, your small business got (frank)ed. But that doesn't mean it applies across the board.

....Servers don't cook food....
- Blackstrom2

True..I get it. Dishwashers, hostesses, and cooks make up larger percentage of work force..and between minimum wage and Obamacare, it's squeezing owners. Min wage in fast food is a different animal because they can replace cashier's with kiosks and many "cooks" with automation....no? Big franchises won't lose $$ with min. Wage because they will streamline workforce and/or transfer costs to consumer, and when it come to fast food....people will continue to frequent bthose places. Businesses like Applebee's and Fridays really take the hit as well as mom and pop restaurants

They should have called it the No Play IN May Arena.

I agree. But a lot of them don't have the proper education and training to properly manage their accounts and so it is a predatory practice.

Also, rich people tend to be able to afford their balances, so by default all credit companies are pretty shady, however, Capital One is especially notorious for preying on poor people.

Regardless of one's politics or beliefs about responsibility, if we could just put that aside for a second, it is a fact beyond any argument that the economy, and society and general would be better if big companies who have the money to abuse people in court, didn't prey poor people.

I agree, people should know better and be more responsible, but since they don't and aren't, it is in our own self interest to protect them from thI emselves. Even if we shouldn't have to do that, we would all win if we did.
- james_tanner1

This is ridiculous on so many levels. How are these people supposed to learn their lesson if others pay for their mistakes? What's to stop them from running up more debt if there are no repercussions? If people are having trouble paying their current bills they shouldn't agree to pay future ones with money they don't have yet.

This is ridiculous on so many levels. How are these people supposed to learn their lesson if others pay for their mistakes? What's to stop them from running up more debt if there are no repercussions? If people are having trouble paying their current bills they shouldn't agree to pay future ones with money they don't have yet.
- Dcoms

Same thing as parents who don't discipline their kids.........they turn into ass holes as adults

Libs don't believe in accountability!!! It's always some other reason why the poor and in debt got there. Someone else's fault and the government needs to fix it all the world will collapse.

Why work when government will pay more for unemployment!!? $15 min. Wage sure.....it's your right! Own a house you can't afford!!!? Sure...it's your right. Healthcare for all!!? Sure.....Rich will pay for it... Don't pay income taxes!!!? Sure. The 35 percent that do will pay more.... Subways suck!!?...no worries Rich will foot the tab, even though only a small fraction of that actually goes towards fixing it

Yeah, just because your family business sold doesn't mean small businesses are closing up.

In fact, survival rate is up. Differentiation is up. Craft beer industry went from 44(!) total breweries in the US in 1979, to the now seemingly thousands and thousands we see everyday.

Maybe in your sector, in your city, your small business got (frank)ed. But that doesn't mean it applies across the board.
- Blackstrom2

It does. Why do you think every presidential election(other than this last cluster(frank) of one, and even then it happened a little) brings up "the little guy" and doing more to help small businesses grow? That was one of the big things between Romney and Obama.

True..I get it. Dishwashers, hostesses, and cooks make up larger percentage of work force..and between minimum wage and Obamacare, it's squeezing owners. Min wage in fast food is a different animal because they can replace cashier's with kiosks and many "cooks" with automation....no? Big franchises won't lose $$ with min. Wage because they will streamline workforce and/or transfer costs to consumer, and when it come to fast food....people will continue to frequent bthose places. Businesses like Applebee's and Fridays really take the hit as well as mom and pop restaurants
- rrentz

Oh well. That's the "free market" for you.

And yes, I'm being facetious. There's no such thing as a "free market" there are always restrictions. It just depends on which way you lean whether you like them or not.

Oh well. That's the "free market" for you.

And yes, I'm being facetious. There's no such thing as a "free market" there are always restrictions. It just depends on which way you lean whether you like them or not.
- Wetbandit1

As long as there are career politicians and lobbyists the free market will be tainted

Kitchen workers are going to be down 80% by 2023?

I bet the rest of my mortgage on that.
- Blackstrom2

One of our latest prototypes goes to Alpha test before year's end. This model handles all dish clearing, wash, sanitize, dry and stack for 200 full dinners per hour. It has a ROI of 5 years for a typical chain steakhouse. We expect to go to Beta before end CY19 and receive type acceptance 2Q20. It's rate of dish breaks is just under 5PPM, unheard of with humans.

No more chipped or dirty plates. Oh, and it uses 1/2 the water. It has its own on-demand water heater so it hooks into existing piping. And it can run on electricity (240V single phase) or Methane or Propane. Its water outlets have built-in grease traps and conditioning so there are no in-floor traps needed. It works great on new restaurants or existing, retrofit.

Coolest part is our team filed several patents. A tech with a 2 year associates degree in electronics can handle routine PM. With IT experience, they can handle all AI mechanisms.

Our models for cooking and plating are about one year after the King Kong of dishwashers.

One of our latest prototypes goes to Alpha test before year's end. This model handles all dish clearing, wash, sanitize, dry and stack for 200 full dinners per hour. It has a ROI of 5 years for a typical chain steakhouse. We expect to go to Beta before end CY19 and receive type acceptance 2Q20. It's rate of dish breaks is just under 5PPM, unheard of with humans.

No more chipped or dirty plates. Oh, and it uses 1/2 the water. It has its own on-demand water heater so it hooks into existing piping. And it can run on electricity (240V single phase) or Methane or Propane. Its water outlets have built-in grease traps and conditioning so there are no in-floor traps needed. It works great on new restaurants or existing, retrofit.

Coolest part is our team filed several patents. A tech with a 2 year associates degree in electronics can handle routine PM. With IT experience, they can handle all AI mechanisms.

Our models for cooking and plating are about one year after the King Kong of dishwashers.
- blackhawk24

I'll tell you right now; there is no way a robot is going to replace good cooks. No way.

You'll be lucky to get 5% of the industry to use your robot dishwasher a year into production. A lot of small restaurants are reluctant to get an automatic dishwasher now because of the cost alone, which is why many still use 3 compartments.

I'll bet my entire investment portfolio on this. You win, you pay the rest of my mortgage. Deal?

It does. Why do you think every presidential election(other than this last cluster(frank) of one, and even then it happened a little) brings up "the little guy" and doing more to help small businesses grow? That was one of the big things between Romney and Obama.
- Wetbandit1

...So that's why small business numbers are up? Did you miss my comment about survivability? Differentiation? Okay...

There are always going to be struggling small businesses, because many people aren't cut out for it.