Loading ...” and many fast food workers now are out of a job.” and yes “THOSE WHO RULE THE WORLD taking more and more of the wealth”
Try to understand what a transition is. Its like a change from square to round. The system is trying to right itself from 50-60 years of non sense decisions by idiots. Trying to spread US wealth around the globe. So the trend re wages is they are too low. So there will be pain as things change for the better.
These bozos that were able to even open a McDonalds was because of low wages. My friend opened 8 stores because of low wages. He created 65 retail jobs to replace manufacturing jobs. At the end of his life he had 26 houses. If he was FORCED to pay a livable wage, he would only have maybe 13 houses.
Same with McDonalds. The guy buys one, makes big profits and buys two more, before long he owns 26 McDonalds. If he was FORCED to pay a livable wage, he might own only 12 McDonalds. So its a survival of the fittest situation as things change.
In other words, the system can’t survive anymore. People only have one wife to send to work, no guys have two wives to send out. So the system NEEDS higher wages to eventually get wives OUT of the workforce. By the way, most well run businesses can afford to pay double or triple if they are FORCED to like in 1938.