News for hackers. Stuff that matters.
Re:Why is U.S. labor supply so low? by ybessyehs6542 on Sunday December 26, 2021 @10:46AM (#29693297)
Denmark McDonald's prices are among the highest in the world.

https://www.numbeo.com/cost-of-living/city_price_rankings?it...

Re:Why is U.S. labor supply so low? by fivea on Sunday December 26, 2021 @11:18AM (#29693632)
Your citation points out that a McMeal in Denmark costs around 12$ while in the US costs around 10$.

Even if you blindly assume that revenue is tied to salaries, are salaries in the US only 20% apart?

Your citation also points out that a McMeal in Spain is cheaper, and I'm sure that quality of life + benefits in the US is even in the same division, specially give that Spain has free healthcare for all.

The truth of the matter is that workers in the US are massively exploited and abused, and that as a deep impact on everyone's quality of life, even the privileged.

Re:Why is U.S. labor supply so low? by silisili on Sunday December 26, 2021 @12:07PM (#29694134)
I don't want to join this argument, but clicked the link just to see out of interest.

$10 is a little misleading, as that's the very topend places in USA. Check out El Paso, it's closer to $6.

Re:Why is U.S. labor supply so low? by ybessyehs6542 on Sunday December 26, 2021 @11:42AM (#29693895)
You should look at that chart again. Prices in red states are almost uniformly lower than blue states where minimum wages are higher.
Re:Why is U.S. labor supply so low? by PascLeRasc on Sunday December 26, 2021 @02:24PM (#29695437)
Americans pay more in taxes to provide subsidies that make beef cheaper. https://scet.berkeley.edu/wp-content/uploads/CopyofFINALSavi...
Re:Why is U.S. labor supply so low? by refurb on Sunday December 26, 2021 @11:14AM (#29693591)
So not $0.35 more, but $2 or 20% more it appears.
Re:Why is U.S. labor supply so low? by ybessyehs6542 on Sunday December 26, 2021 @11:43AM (#29693909)
Take out cities in blue states and the prices are even lower
Re:Why is U.S. labor supply so low? by JKCalhoun on Sunday December 26, 2021 @11:57AM (#29694034)
I imagine the better paid workers in Blue states can actually afford the slightly higher Big Mac price.