McDonalds Shuts Down; Strikers Demand $15/hr- Category:News
McDonalds Shuts Down; Strikers Demand $15/hr
As if Detroit didn't have enough problems already, a local McDonald's restaurant was forced to close.
McDonald's employees went on strike demanding a raise from $7.40/hr to $15/hr.
And how does the management of McDonalds feel about such a rate increase?
They're all for it. They'd love to pay $15/hr or even $25/hr. as long as the protesters can become 'community organizers' to rallying the neighborhoods to pay $10 per hour for a Big Mac or $35 for a Happy Meal.
Apart from such an extraordinary effort (reminiscent of Acorn), the economics of a $15 per hour entry level position just can't work.
I worked at McDonalds for my first job and was happy to get $1.15/hr in 1970.
It taught me the work ethic that lead to may becoming a businessman.
One worker striking was quoted saying:
"It’s a very uncomfortable lifestyle working for $7.40 at McDonald’s when McDonald’s made like $500 billion last year."
Hey, I agree, if McDonalds actually made a half trillion in profit they could pay more.
But no corporation in America made a half trillion dollars in profit last year.
If it's that sort of fuzzy math that the striking employees have, they shouldn't be allowed to operate the cash register!
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