1. What we have today in America is a ideological problem. Many are right when they say that the rise in minimum wage will simply be passed downward to the consumer. There is no possible way the wage costs will be passed upward to the CEO or franchisee. There are far too many people who seem comfortable with the idea of making a vast fortune off the blood sweet and tears of the poor while forcing the federal government to subsidize the lack in pay. Which is the core issue of the problem.
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That McDouble from the Dollar Menu might not be quite the bargain you think it is. In 2012, fast-food giant McDonald’s (NYSE:MCD) cost the U.S. government (and taxpayers) $1.2 billion, according to a just-released paper from the National Employment Law Project.
The low wage--no benefits compensation "packages" that McDonald's and most other fast-food chains pay their restaurant workforce is costing U.S. taxpayers a lot of money. In fact, just the top 10 largest chains combined cost the U.S. government $3.8 billion in 2012. The reason? Low-wage workers who don’t receive benefits have to rely on public assistance to afford health care, food and other necessities. More than half of all fast-food workers participate in public assistance programs like Medicaid and SNAP (food stamps), programs that are funded by taxpayer dollars.
Meanwhile, these same top 10 fast-food chains earned $7.4 billion in profits, paid their CEOs a combined $52.7 million and distributed $7.7 billion in dividends and buybacks.
Source: Fast-Food Chains Are Supersizing Your Taxes [Infographic]
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A McDonald's restaurant is operated by either a franchisee, an affiliate, or the corporation itself. McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. In 2012, McDonald's Corporation had annual revenues of $27.5 billion, and profits of $5.5 billion.
Source: McDonald's - Wikipedia, the free encyclopedia
Worse McDonalds actively encourages it's employees to use the taxpayer to subsidize the low pay:
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McDonald’s workers who are unable to pay their bills or stay above the poverty line should find help from food pantries or enlist in government benefit programs instead of seeking higher wages, according to a company resource line meant to help employees.
Nancy Salgado has worked for the fast-food corporation for over 10 years yet still earns $8.25 an hour, barely more than the $7.25 federal minimum wage. With help from the worker’s rights group Low Pay Is Not Ok, she phoned the company’s employee hotline, known as McResource, attempting to find some answers on how to improve her situation.
Source: McDonald?s company help line to broke worker: ?Go on food stamps? ? RT USA
How anyone can see a corporation making 5.5 BILLION dollars annually and costing tax payers 1.8 billion, and the collective costing them 3.8 BILLION while making 5-7 BILLION dollars in profits as a balanced and fair system(or capitalist in nature) is beyond me, furthermore they really don't understand the concepts of socialism or capitalism.
Basically we have a group of extremely rich people lobbying government to keep wages down so they can extort a vast fortune and then make the government pick up the tab.
2. There are hundreds of thousands of similarities between the Jew controlled Weimar Republic and America.
3. Any low end job should pay enough to give that person the ability to buy the most basic substance in life to survive. A single person today cannot survive on a minimum wage job without having the tax payer make up the added cost in their bills/food. This is killing the nation. There are hundreds of thousand of college students today living on their own, struggling to juggle work and school while getting food-stamps.
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Food-stamp usage amongst college students has doubled over 10 years.
Benjamin Olson, a senior at the University of Illinois at Urbana-Champaign in Champaign, credits the Supplemental Nutrition Assistance Program (SNAP) — often called food stamps — with his ability to graduate on time after transferring from a community college.
"If I didn't have those benefits … I may have had to do another semester, take a semester off, or save for the next four years," says Olson.
Source:Student food stamp use doubled over 10 years
Many have claimed that college students are getting useless degrees and cannot find work. This simply is not true or the case in current America:
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Student loan debt has nearly tripled in a decade as all other types of household debt decline post-recession - and now the interest rates may get tied to the market.
More students are borrowing to finance college degrees. Outstanding student debt hit $914 billion in 2012. That’s up nearly 280 percent since 2003. 14.4 percent of that debt is past due.
Student debt is now second only to mortgages as an overall household liability – eclipsing even credit card debt, which totals $672 billion. Student loans are also the only form of household debt that has increased since the recession. All other types have gone down.
The average 2012 college graduate owes $28,720 in student loans. Repayment is a problem for some as entry-level jobs are scarce. 53 percent of recent graduates are either unemployed or unable to find full-time work.
Source: Student Debt Piles Up As College Costs Rise, Jobs Become Scarce
4. There simply isn't enough middle class jobs to go around even with a college degree, but there are more and more low paying, temp jobs that benefit those who seek to force the taxpayer to subsidize the workforce:
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In cities all across the country, workers stand on street corners, line up in alleys or wait in a neon-lit beauty salon for rickety vans to whisk them off to warehouses miles away. Some vans are so packed that to get to work, people must squat on milk crates, sit on the laps of passengers they do not know or sometimes lie on the floor, the other workers’ feet on top of them.
This is not Mexico. It is not Guatemala or Honduras. This is Chicago, New Jersey, Boston.
The people here are not day laborers looking for an odd job from a passing contractor. They are regular employees of temp agencies working in the supply chain of many of America’s largest companies – Walmart, Macy’s, Nike, Frito-Lay. They make our frozen pizzas, sort the recycling from our trash, cut our vegetables and clean our imported fish. They unload clothing and toys made overseas and pack them to fill our store shelves. They are as important to the global economy as shipping containers and Asian garment workers.
Many get by on minimum wage, renting rooms in rundown houses, eating dinners of beans and potatoes, and surviving on food banks and taxpayer-funded health care. They almost never get benefits and have little opportunity for advancement.
Across America, temporary work has become a mainstay of the economy, leading to the proliferation of what researchers have begun to call “temp towns.” They are often dense Latino neighborhoods teeming with temp agencies. Or they are cities where it has become nearly impossible even for whites and African-Americans with vocational training to find factory and warehouse work without first being directed to a temp firm.
Source: The Expendables: How the Temps Who Power Corporate Giants Are Getting Crushed - ProPublica
5. Jobs are getting even more scarce and it's increasingly difficult to find any decent job whatsoever in modern America:
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#1 The number of part-time workers in the United States has just hit a brand new all-time high, but the number of full-time workers is still nearly 6 million below the old record that was set back in 2007.
#2 In America today, only 47 percent of adults have a full-time job.
#3 Even though the U.S. economy created nearly 200,000 jobs in June, the number of full-time jobs actually decreased.
#4 There are now 2.7 million temp workers in the United States - a new all-time high.
#5 One out of every ten jobs in the United States is now filled through a temp agency.
#6 The U.S. economy has actually lost manufacturing jobs for four consecutive months.
#7 The official unemployment rate has been at 7.5 percent or higher for 54 months in a row. That is the longest stretch in U.S. history.
#8 According to one recent survey, 76 percent of all Americans are living paycheck to paycheck.
#9 At this point, one out of every four American workers has a job that pays $10 an hour or less.
#10 High paying manufacturing jobs continue to be shipped overseas. Sadly, there are fewer Americans employed in manufacturing now than there was in 1950 even though the population of the country has more than doubled since then.
#11 Today, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.
#12 The U.S. economy continues to trade good paying jobs for low paying jobs. 60 percent of the jobs lost during the last recession were mid-wage jobs, but 58 percent of the jobs created since then have been low wage jobs.
#13 Back in 1980, less than 30% of all jobs in the United States were low income jobs. Today, more than 40% of all jobs in the United States are low income jobs.
#14 At this point, an astounding 53 percent of all American workers make less than $30,000 a year.
#15 According to a study that was released by the Center for Economic and Policy Research, only 24.6 percent of all jobs in the United States qualify as "good jobs" at this point.
Source: 15 Signs That The Quality Of Jobs In America Is Going Downhill Really Fast
There's no easy way out of this. In fact there isn't any way out of this. Those fast food workers and their strike is destined to fail, sadly. This will certainly result in a lower standard of living for them. More people on the tax-payer tab and less productivity in America.
What I find interesting is terms being thrown around like "starter job" or "college job". These terms were non-existent 80 years ago and even the lowest manual labor job could earn you enough to feed yourself.
That being said wealth redistribution is certainly wrong and will kill a nation very quickly. What those who believe in those words don't realize is that a select few making millions off the blood, sweat and tears while lobbying the government to pick up the remainder of their slave-wage pay will destroy a nation just as quickly.
Forcing an employer to pay you enough so that you may EARN your most basic substance in life isn't wealth redistribution. An employer paying a wage so low that a person has to go on government assistance(the taxpayer) to make ends meet is wealth redistribution.
Ironically Mcdonalds is one the largest multicultural, ultra-liberal, Marxist-socialist corporations in America. They are forcing Marxist-socialism by keeping wages so low. They also support unchecked immigration,(more low wage workers), more government assistance programs(more Marxist-socialism), more multiculturalism(more destruction of the White race), and more open homosexuality(through their McDonald's Gay Lesbian & Allies Network, which is destruction of White values).
The recession was a monkey wrench in our consumerist economy. 75% of our economy is dependent off of consumerism. There are posts of mine back from 2008 when the recession was alive where I stated that we were now in a downward spiral and that it would only get progressively worse for the middle class until it was basically non-existent. Many here will eventually find themselves along side the lower wage working class, it is inevitable.
