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Fast-food industry veterans are coming out against raising the minimum wage. “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,” former McDonald’s USA CEO Ed Rensi said in an interview on Tuesday on the Fox Business Network’s “Mornings with Maria.”…

via Former McDonald’s CEO: It’s Cheaper to Buy Robots Than Pay $15 Minimum Wage — TIME

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