Posted in corruption, culture, Economics, tagged Big Mac, McDonalds, minimum wage, raise on Jam9000000amMon, 15 Sep 2014 09:53:03 -080014 10, 2010| Leave a Comment »
An economist looked at McDonalds’ revenue and investor data, and found that the restaurant chain could increase workers’ pay from $7.25 an hour to $15 an hour by raising the price of a big mac from $3.99 to $4.67.
Check out the story at Readersupportednews.org–Price of Big Macs Would Not Increase By Much–Reader Supported News
Wall Street is up to no good, and has been since 1980, when it took over the Republican Party, and then the Democratic Party in 1994. Income has been massively redistributed from the 99 to the 1 percent via legislative scam after scam, from tax cuts for the rich to international income redistribution schemes falsely labeled as trade agreements. In The Rigged Game, John Hively exposes how this has all come about starting with a revolutionary, but simple reality, all recessions begin in the financial markets.
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John Hively's Blog: News and Analysis of the War Against the Middle Class 