Former McDonald's CEO: It's Cheaper to Hire Robots than Pay $15 an Hour

Source: PJ Media | May 25, 2016 | PJ Media

Ed Rensi, the former CEO of McDonald’s, warned economic agitators that deploying robots is cheaper than paying workers $15 an hour.

Democrats and their allies across the country are trying to mandate that wages be set at $15 an hour. But critics along with Rensi say the increase will result in lost jobs as companies move to use $35,000 robots to replace workers at a $15 an hour wage

“If you look at the robotic devices that are coming into the restaurant industry — it’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who’s inefficient making $15 an hour bagging French fries,” Rensi told Fox Business. “It’s nonsense and it’s very destructive and it’s inflationary and it’s going to cause a job loss across this country like you’re not going to believe.”

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