► Should McDonald’s Double Worker Salaries? Probably not!! Print E-mail

Should McDonald’s Double Worker Salaries? Probably not!!

Most McDonald workers are paid the federal minimum wage of $7.25, which is clearly not a living wage by any stretch of the imagination.
McDonald workers throughout the country are demanding a $15 per hour minimum wage.
A recent study by a student at the University of Kansas concluded that increasing the minimum wage to $15 would cause the cost of a BigMac to increase by $0.68, from an average of $3.99 t o $4.67.. Additionally, the study indicated that every item on the Dollar Menu would go up by $0.17.
Of course it goes without saying that GOP members of Congress are totally against raising the minimum wage at all. As usual, they claim it will cause employers (aka, job creators) to go out of business and thereby drastically increase the unemployment rolls.
Since some conservatives actually believe higher wages for the poor are bad for the economy and job creators, then maybe it would be wise to do some soul searching. With that said, it may more helpful to the economy and our Patriotic Job Creators if we cut the minimum wage by 50% to $3.65.
With a $3.65 minimum wage, McDonald’s could afford to pay its CEO Donald Thompson a decent wage of $15 million. In addition, the owners of McDonald’s franchises (aka, Job Creators) would realize larger profits, thereby allowing them to create more $3.65 per hour jobs.
And lastly, the greatest benefit of a $3.65 per hour minimum wage would befall the consumers of McDonald products with a BigMac costing less than $3.00.
The bottom line here is that we should all be much more concerned about the welfare of millionaire Job Creators than about a bunch of ingrates that fail to appreciate the fact that they have a job.
In fact, if the husband, wife and 2 children each worked 40 hours-a-week at McDonalds and Wendy’s at $3.65 an hour, they’d collectively gross $1,168 a week, a princely sum, right?
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