GO ahead, eat that nasty fast food from mcdonald's. Not only are you paying too much for food that isn't good for you, you are also paying for the social safety net mcdonald's employee's qualify for and receive because they are not payed a living wage. Surprised? DUH! Who did you think was providing for these people and their families????? From Daily Kos....
Daily Kos and
Campaign for America’s Future are calling on McDonald's CEO Donald
Thompson to cancel his order for another corporate jet and instead pay
employees a living wage.
According to a
recent report,
the McDonald's Corporation tops the list of fast-food companies whose
employees are recipients of public assistance—costing the public over
$1.2 billion because they pay low-wages with little to no opportunity
for benefits.
Now, it’s come to light that the McDonald's Corporation bought a
$35-million-dollar luxury jet which costs at least $2400 an hour to
operate. Yet their employees make so little they rely on public
assistance just to get by.
Keep fighting,
Rachel Colyer
Campaign Director, Daily Kos
Tue Oct 15, 2013 at 10:28 AM PDT
Walmart
isn't the only corporate giant relying on government assistance to make
up for the low, low wages it pays its workers. According to a new
report from the University of California-Berkeley Labor Center,
52 percent of front-line fast food workers are on some form of public assistance, at a cost of nearly $7 billion a year. And the
10 largest fast food companies account for $3.8 billion of that, the National Employment Law Project estimates.
The UC-Berkeley study only looks at participation in Medicaid and the
Children's Health Insurance Program (CHIP), the Earned Income Tax
Credit, food stamps, and Temporary Assistance for Needy Families; if it
included all government programs, such as child-care subsidies and
reduced price school lunches, the total would be higher. That's because
fast food restaurants pay wages so low that even the families of
full-time fast food workers rely on public programs—the median income
for people working more than 10 hours a week 27 or more weeks per year
in nonmanagerial fast food jobs is $8.69 an hour.
The companies benefiting from all that low-wage labor and the food
stamps and health care assistance needed for workers to get by are doing
just fine. Last year, the 10 largest fast food companies earned $7.44
billion in profits, paid their top executives $52.7 million, and
distributed $7.7 billion in dividends and buybacks, according to NELP.
Meanwhile:
attribution: National Employment Law Project
Like Walmart, McDonald's and Taco Bell and Domino's are profiting
directly off of government programs for low-income people. Taxpayers are
subsidizing wages at these immensely profitable companies, while
Republicans in Congress block the minimum wage increase that would raise
many fast food workers out of poverty.
Originally posted to Daily Kos Labor on Tue Oct 15, 2013 at 10:28 AM PDT.
No comments:
Post a Comment