Friday, September 6, 2013

Swag at the Micky D's

Did you hear about this already?

McDonald's recently teamed up with Visa to create a financial planning site for its low-pay workforce. The site includes a sample budget that, ironically demonstrates that you can’t live on a McDonalds paycheck.

The only way for the budget to actually work, is if the workers had a second, full time job. Take a look at the figures!

$1,105 for an entire Month’s of full time worth of work. (The federal minimum wage is just $7.25 an hour, by the way).

$600 in rent!?! Well maybe, if you can find a spot to park your 1970’s Winnebago. And with working 80 hours a week, how often are you going to be at home anyway?

Why doesn’t the worker pay a heating bill? I’m guessing that may be important in North Dakota. McDonalds does offer health insurance, at a rate of $14 a week. I may be a little rusty on the math but $20 is less than $14 times four weeks.

So this leaves our worker of two full time jobs with $27 dollars a day for gas and groceries. Perfect, if you own a Vespa and your primary food group is packages of Top Raman. If you need day care then you had better get rid of something on the list. (Actually it would be several things on the list.) Then throw in an unexpected expense and you may be bounced back to your parent’s home.


The solution? Well for now the solution appears to be work your butt off and get on as many a welfare programs as you can.  (As a side note, I watched a documentary about Walmart. They offer employees education and assistance in applying for government support.)

So, we not only subside the cattle industry and the corn industry (Cattles’ primary source of feed.) We also subsidize the ridiculously small payroll. And that, my friends is exactly where I want my taxes to go.

“For an adult, eating alone at McDonald's is admitting a kind of defeat.” Jonathan Carroll

“One of the glories of New York is its ethnic food, and only McDonald's and Burger King equalize us all.” John Corry

“McDonalds is reporting that despite the bad economy, their domestic sales were up last month. Which just goes to show you a great thing about our country you're never too poor to get fat.” Conan O'Brien

“Fast food is equivalent to pornography, nutritionally speaking.” Steve Elbert

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