A former CEO of McDonald’s USA said the union-led push to create a $15/hour minimum wage for fast food workers will have the opposite effect.

And more interestingly, he said he “established ruling class” is advocating for it so they can stay in power.

Appearing on Fox Business, former McDonald’s USA CEO Ed Rensi said the effect will be job loss and more people seeking government assistance.

Rensi believes the union demands will result in more technology and automation in fast food restaurants.

“I guarantee you if you see $15 an hour minimum wage go across the country, you’re going to see job loss like you can’t believe,” he said.

“It’s cheaper to buy a $35,000 robotic arm than it is to hire an employee who is inefficient making $15 an hour bagging french fries. It’s nonsense!” Rensi exclaimed.

Rensi wasn’t sure if the union push would succeed, but he was clear the impact would hurt low-wage workers.

“We’ve got unemployment in the black community which is staggering. Young black men over 50% unemployment,” he said.

“And we’re talking about a $15 minimum wage? It’s nonsense! These are entry-level jobs, it’s inflationary. It’s going to destroy jobs.

“It’s going to keep people on the government dole. Beholden to the government so they’ll keep the established ruling class in place.

“It could happen, who knows, but it’s not good for the economy,” Resni said.