Remember Ross Perot and his famous comment "job creation by Bill Clinton in Arkansas was nothing but a bunch of chicken pluckers and hamburger flippers". Well, the more things change, the more they remain the same.
Much important is the quality of the jobs created. Hamburger flipping jobs pay too little for family formation, house or automobile purchases or to make a contribution to the national debt situation by paying taxes.
The article says they pay good wages and performance incentives... compared to what??? And they denigrate Silicon Valley ...
When the next Hot Stock is only creating more burger flipper jobs...
Smashburger Business - Smashburger Most Promising American Company - Esquire
America's most promising company right now, according to Forbes, isn't some fancypants biotechnology outfit or Silicon Valley software startup. It is, in fact, none other than a burger joint.
More specifically, Smashburger, which is winning the country over with its trademark burgers that have been squashed extra-hard onto a scorching grill (okay, so it's not nuclear fission, but apparently it creates a really great sear).
The magazine praises the company's "thoughtful product design and deft execution," which is just an elaborate way of saying they have lots of interesting toppings and sauces and better-than-average salads.
Also to be commended: The service is friendly and efficient, thanks to good pay and performance incentives.
If you're already a Smashburger fan, rejoice, because the company says it has 450 worldwide franchise agreements in place to add to their existing 143 U.S. locations. Kuwait, Bahrain, and Saudi Arabia: Get ready. Canada, you'll just have to wait and hope. [Forbes]
Read more: http://www.esquire.com/blogs/food-for-men/smashburger-business-6606042#ixzz1o2sQGRx1
What is significant from this chart is what has happened the past
decade of the 2000's. Basically, no jobs were created. In fact jobs were
lost during the Bush Presidency. Jobs have been created the past
several years, but no where near the number required to sustain a good
economy with low unemployment.
Disclaimer: This company is 'used as illustration of America's plight in losing good manufacturing jobs like automobiles, steel and even Solar Panels to other countries and trying to rebuild with low-paying service industry jobs. Solar Power is the next great industry according to China and America is virtually handing this industry over on a silver platter.
Smashburger Business - Smashburger Most Promising American Company - Esquire
America's most promising company right now, according to Forbes, isn't some fancypants biotechnology outfit or Silicon Valley software startup. It is, in fact, none other than a burger joint.
More specifically, Smashburger, which is winning the country over with its trademark burgers that have been squashed extra-hard onto a scorching grill (okay, so it's not nuclear fission, but apparently it creates a really great sear).
The magazine praises the company's "thoughtful product design and deft execution," which is just an elaborate way of saying they have lots of interesting toppings and sauces and better-than-average salads.
Also to be commended: The service is friendly and efficient, thanks to good pay and performance incentives.
If you're already a Smashburger fan, rejoice, because the company says it has 450 worldwide franchise agreements in place to add to their existing 143 U.S. locations. Kuwait, Bahrain, and Saudi Arabia: Get ready. Canada, you'll just have to wait and hope. [Forbes]
Read more: http://www.esquire.com/blogs/food-for-men/smashburger-business-6606042#ixzz1o2sQGRx1
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