Aljazeera America reports that McDonald’s issued an SEC report claiming that its sales may suffer because of “campaigns by labor organizations and activists” to raise the minimum wage. This is the message the corporation sent to shareholders via the SEC report. Aljazeera quotes an industry spokesperson who says that a raise to the minimum wage would have little to no impact on McDonald’s stock price. It would have a big impact on workers’ lives. $15 per hour would have a bigger impact. We need a living wage, not a minimum wage.
Aljazeera America reports that Michigan Governor Rick Snyder is backing a plan that will help Detroit workers save their pensions. That’s great news if it is true. Snyder is the man who brought emergency managers to strip out public wealth from poor cities throughout the state. Now he’s promising $350 million to offset what his own emergency manager in Detroit claims is an $18 billion debt. As Scott Walker in Wisconsin is promising voters big tax cuts, Snyder is trying to show that he really cares about poor people. What is this about? It’s time to run for re-election. If working people are gullible enough to elect leaders that work against their interest, they will get what they deserve.
Aljazeera America reports that McDonald’s has taken down a controversial website that offered “helpful” advice to low wage employees. In the recent past, the website has come under fire for advising employees to earn money selling things on E-Bay and how to tip a pool cleaner. The final straw hit close to home for the hamburger giant when the website, which is operated by a third party, told employees to stop eating fast food because it was unhealthy. Something tells me that the company responsible for that bit of wisdom no longer works for McDonald’s.
Rather than try to tell low wage workers how to live on less, companies like McDonald’s should be leaders in paying a living way. Would food cost more at the restaurant? It would. Would investors earn less on McDonald’s? Probably. Might franchise owners and corporate leaders need to take a pay cut? They would. Those are the costs. What about the benefits? Low wage workers would be pumping more into the economy. McDonald’s would be able to recruit better talent. Rather than give employees bad advice about how to live on less, it’s time to pay a living wage.