Would you pay ten dollars for a Big Mac ? Probably not. But that's the question being asked as perhaps millions of fast food workers literally walk off the job tomorrow in an attempt to get the right to unionize and to get the Federal minimum wage raised to $15.00. That would more than double the current number, which is $7.25, and has been since 2009. (It happens to be $8.00 in California, as states have the right to set their own minimum wage)
It's an interesting debate, as no one who makes minimum wage can feel any level of comfort in being able to provide for their families.. and fewer fast food workers are the typical teenager in a summer job or a young person just entering the job market. Now jumping to $15.00 might be a bit much.... but the point is being made. Workers at McDonalds, KFC and Taco Bell plan to literally walk off the job tomorrow , and we'll be covering it. They say they need and deserve more and few would argue with them, but the restaurant industry spokespeople are saying that essentially that they don't understand the economics of the fast food biz, and it would result in higher costs that would be passed along to consumers.. hence the prospect... gasp... of a ten dollar Big Mac.
So, we'll see if all the attention this gets will make a difference.. If you're wondering.. the federal minimum wage was initially set at a whopping .38 cents per hour by Pres. Roosevelt in 1938. http://en.wikipedia.org/wiki/Minimum_wage President Obama has told Congress he'd like to see it at $9.00. What do you think would be a good number that people, if they have to could make a living ?