Saturday, September 1, 2018

bend-over economics....again

A small article depicting the trickle-down-you're-fucked economics of the current era includes:
A recent report from the National Employment Law Project calculated that McDonald’s could have paid each of its 1.9 million workers $4,000 more a year if it had used the $21bn it spent between 2015 and 2017 on buybacks to reward its workers instead. Starbucks could have given its workers $7,000.
It's nothing new, of course. And it's mind-numbingly common. But it's so damned tiring when there are so many trying so hard.

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