Monday, December 16, 2013

Is the Entitlement State a Corporate Subsidy?

A quarter of people who have jobs today receive some form of public assistance.

The fast food industry earned 7.44 billion in profits last year and paid out 7.7 billion in dividends and stock buybacks.  Meanwhile McDonald's workers alone cost US taxpayers 1.2 billion while the company was paying out 2.9 billion in dividends.

So ask yourself, who's paying the McWorker's salaries? McDonald's or the American taxpayer?


A Low Wage Work Swamp

But it would also be important for more people – more Democrats – to acknowledge the role policy has played in creating this swamp of low-wage work made slightly less miserable with public aid.


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