When families can afford the basics, they can reinvest in their communities, and higher wages means a broader consumer base for businesses.
David RolfBusinesses generally deal with minimum wage increases by finding efficiencies in their business practices or slightly increasing prices if they have to, not cutting jobs. Of course: because they need staff to make their businesses run!
David RolfFast food also has a uniquely difficult business structure for workers to achieve better wages and working conditions.
David RolfAnnual earnings in the fast-food industry are well below the income needed for self-sufficiency, and fast-food industry jobs are also much less likely than other jobs to provide health benefits.
David RolfIncome inequality and wage stagnation finally took their place among the principal moral issues of our time.
David RolfMost fast-food workers can't easily join a union, because they don't work directly for their parent company, such as McDonald's or Subway. Instead, they work for individual franchise owners, ensuring that each individual fast-food outlet would have to organize and win union recognition separately. So there's not one central employer to bargain with, as in a traditional union campaign.
David Rolf