Document Summary
Mcdonald"s and the fate of the middle class. What fast-food companies pay people today will affect us all. In recent weeks fast-food workers have staged dramatic one-day strikes in cities across the country, demanding a starting wage, instead of about on average at places like. The strikes have prompted much debate about fast food and the cost of a big mac. But this moment isn"t just about burger-flippers it"s about the realization that the american middle class has been hollowed out to the point of decimation. Today, one in four jobs is low- wage, and at current pace it will be one in two jobs by 2024 which means that what fast-food companies pay people today will affect us all. Companies like mcdonald"s may protest that their margins are too thin, their workforces too transient to justify a minimum wage.