Speaker • Teacher • Writer • Activist
Posted on October 16, 2013 by mrosew
This makes me SO angry: The National Employment Law Project released a related study Tuesday showing that workers at the 10 largest fast-food companies in the United States account for more than half of the $7 billion in annual public assistance costs. McDonald’s — the largest, with more than 700,000 employees — costs taxpayers $1.2 billion a year, according to the nonprofit advocacy group for low-wage workers. The seven publicly traded corporations among the top 10 biggest fast-food chains made $7.4 billion in profits last year and paid $53 million to their top executives…” Imagine if they paid their workers $1.2 billion more and made ONLY $6.2 billion in profits each year? I think we should end this form of corporate welfare.
It’s time to end CORPORATE welfare.
Category: UncategorizedTags: fast food, mcdonalds, poverty, social justice, welfare