Editor Note — Bit of history on McDonalds kiosks and minimum wage. This is an opinion by Ed Rensi from over 4 years ago. Widely interpreted now as extreme opponent of minimum wage and a retaliation of sorts by McDonalds (which turned out not to be true). Rensi was joined in this chorus by Carl Jr. owner. It is worth noting that Inspire Brands recently sent a letter to employees lauding its opposition to increased minimum wage.
Also, other industries like grocery which are much lower profit margin seem to do better with higher minimum wage (Costco e.g.). Whether or not we feel it is right or wrong, ultimately the shareholders are the ones to decide based on the corporation bottomline.
BY ED RENSI — The real faces of the Fight for $15 are the young people and small business owners who have had their futures compromised.