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Thread: minimum wages

  1. #1
    Master political analyst Dittohead not!'s Avatar
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    minimum wages

    The minimum wage in Australia is one of the highest in the world at $17.70 per hour.
    The exchange rate is $1,000 US to 1,36.60 AUD.

    That is the equivalent of $12.96 in US dollars.

    With me so far?

    So, the price of fast food in Australia must be a lot higher than it is in the USA, right?

    Cost of a big mack in Australia: $4.95. Cost of a big mack in the USA: $3.99. Cheaper, right? Oh, wait, that exchange rate again: $3.99 x 1.3660 = $5.45 in Australian dollars.

    So, using the official exchange rate, a big mack costs 45 cents more in the USA, where the minim wage is $7.25, than it does in Australia, where the minimum wage, in US dollars, is $12.96 per hour.

    OK, those are the facts. What is your opinion?
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  2. #2
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    Quote Originally Posted by Dittohead not! View Post
    The minimum wage in Australia is one of the highest in the world at $17.70 per hour.
    The exchange rate is $1,000 US to 1,36.60 AUD.

    That is the equivalent of $12.96 in US dollars.

    With me so far?

    So, the price of fast food in Australia must be a lot higher than it is in the USA, right?

    Cost of a big mack in Australia: $4.95. Cost of a big mack in the USA: $3.99. Cheaper, right? Oh, wait, that exchange rate again: $3.99 x 1.3660 = $5.45 in Australian dollars.

    So, using the official exchange rate, a big mack costs 45 cents more in the USA, where the minim wage is $7.25, than it does in Australia, where the minimum wage, in US dollars, is $12.96 per hour.

    OK, those are the facts. What is your opinion?
    Mr. Dittohead,

    When McDonalds goes to those fast food kiosks, it will be more efficient.

  3. #3
    Master political analyst Dittohead not!'s Avatar
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    Quote Originally Posted by Kallie Knoetze View Post
    Mr. Dittohead,

    When McDonalds goes to those fast food kiosks, it will be more efficient.
    Interesting opinion. It doesn't seem to be based on any of the facts I dug up. What is it based on?
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  4. #4
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    I don't care what other countries do regarding minimum wages. Americans should be free to work for whatever wage they agree with an employer upon.
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    Quote Originally Posted by Dittohead not! View Post
    The minimum wage in Australia is one of the highest in the world at $17.70 per hour.
    The exchange rate is $1,000 US to 1,36.60 AUD.

    That is the equivalent of $12.96 in US dollars.

    With me so far?

    So, the price of fast food in Australia must be a lot higher than it is in the USA, right?

    Cost of a big mack in Australia: $4.95. Cost of a big mack in the USA: $3.99. Cheaper, right? Oh, wait, that exchange rate again: $3.99 x 1.3660 = $5.45 in Australian dollars.

    So, using the official exchange rate, a big mack costs 45 cents more in the USA, where the minim wage is $7.25, than it does in Australia, where the minimum wage, in US dollars, is $12.96 per hour.

    OK, those are the facts. What is your opinion?
    My opinion is that McDonalds sucks.

    Big Macs suck.

    I would not eat one if it was free.

    If McDonalds is not the worst fast food in the world, it's one the short list.

    Almost all their "food" is horrible.
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  6. #6
    The Republican Agenda HadEnough2's Avatar
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    Quote Originally Posted by Miller47 View Post
    My opinion is that McDonalds sucks.

    Big Macs suck.

    I would not eat one if it was free.

    If McDonalds is not the worst fast food in the world, it's one the short list.

    Almost all their "food" is horrible.
    Then Americans must really be stupid. It might be the worst but it's number one in America. This is about the minimum wage. You could substitute Burger King and the thread would have the same meaning.

    Republicans don't have a problem giving tax breaks to Billion Dollar corporations but paying a living wage is somehow highway robbery.

    Minimum Wage 11.jpg

    Minimum Wage.jpg

  7. #7
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    Quote Originally Posted by HadEnough2 View Post
    Then Americans must really be stupid.
    Perhaps you could refer to them as deplorables, too. That was a surefire winner.

  8. #8
    Veteran Member Moorhuhn Wanted Champion Hollywood's Avatar
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    Quote Originally Posted by FuzzGod View Post
    I don't care what other countries do regarding minimum wages. Americans should be free to work for whatever wage they agree with an employer upon.
    You're a funny guy.
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  9. #9
    Veteran Member Moorhuhn Wanted Champion Hollywood's Avatar
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    Quote Originally Posted by Miller47 View Post
    My opinion is that McDonalds sucks.

    Big Macs suck.

    I would not eat one if it was free.

    If McDonalds is not the worst fast food in the world, it's one the short list.

    Almost all their "food" is horrible.
    that's nice. WTF does it have to do with the topic of this thread?
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  10. #10
    Moderator libertariat720's Avatar
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    OECD Better Life Index

    You'll see that the U.S. is about the same or better in pretty much every metric.

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