Bud-dah-buh-buh-bahhhh….
The stock market is luvin’ McDonalds stock, which has continued its recent relentless rise to all time highs, up 26% YTD, oblivious to the carnage among the broader restaurant and fast-food sector. There is a reason for Wall Street’s euphoria: the same one we discussed in January in “Dear Bernie, Meet the “Big Mac ATM” That Will Replace All Of Your $15 Per Hour Fast Food Workers.” (Zero Hedge)
McDonald’s Stock hits an all-time high as Wall Street Cheers Replacement of Cashiers with Kiosks.
Next up, stupid liberals and with their crazy ideas will raise business taxes or just tax and fee the crap out of kiosks to recover additional lost payroll tax dollars (because they’re already losing them thanks to the smaller paychecks). And that will do what? It might raise prices in places that can least afford it but it also could drive businesses out beyond the taxing authority, taking the jobs that are left with them.
But hey, Liberals are so damn smart, right? Morons.
https://youtu.be/z8SQvHgc-sM
H/T RightAlerts
