Bernie Sanders pushed hard for a $15 minimum wage. While trying to get the vote of low skilled voters, this was something Bernie Sanders was pushing. As a result, McDonald's introduces the $15 an hour fast food workers replacement.
Forbes gives some of their thoughts on the $15 minimum wage.
I worked for the company for three decades, and served as its USA President for 13 years. I can assure you that a $15 minimum wage won’t spell the end of the brand. However it will mean wiping out thousands of entry-level opportunities for people without many other options.
If you force companies to pay someone more than they are worth, they will find alternate ways to cut costs and stay profitable.
McDonald's isn't the only company looking at these types of options. Per ZeroHedge:
Wendy’s, another popular fast-food establishment, announced plans in May to start installing self-serving kiosks at some of its over 6,000 locations later in the year. The chain is replacing cashiers and other low-skilled jobs with computers and automated machines because, as Wendy’s president Todd Penegor told Investor’s Business Daily, it has to compensate for wage hikes.
McDonald’s Europe president Steve Easterbrook announced in 2011 that the fast-food restaurant was planning on “hiring” 7,000 touch-screen cashiers to be installed across the continent, according to CNET and the Financial Times. Easterbrook said it would make transactions more efficient — namely lowering the average interaction three to four seconds each.
$15 an Hour Fast Food Workers Replacement
When considering socialism, people need to see the entire picture. When companies are forced to surrender their profits, they will look elsewhere to get them back. Look for more $15 an hour fast food workers replacements popping up as a result of $15 minimum wage regulations.