On Morning Joe, this morning. The well known neoconservative Dan Senor cited the loss of wages since the start of the great recession as some sort of counter to Obamacare. Wages have been down about six percent from a median of around fifty five thousand to around fifty three thousand per household since 2007. We mostly recall that it was the policies of Senor and company under the Bush administration that brought most of this about. Senor also cited that the top one percent were doing fine as well as the top five percent but that an increase in the minimum wage would not help this situation at all, in reference to fast food workers going on strike for an increase of pay to fifteen dollars an hour. In a related clip, they showed a former CEO of McDonalds USA stating that McDonalds franchisees made only about 4.6 percent profit off of their sales at restaurants inside of the United States. From what we have paid for food at McDonalds, the profit ratio has to be much higher than that. We have heard that some local McDonalds francisees have made as much as a million dollars per location per year.
Regards,
Joe
To say that "God exists" is the greatest understatement ever made across space and time.
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