Economy

McDonald’s Wants Another Corporate Jet, Not Raises For Low Wage Workers

More super-sized excess at one of America’s worst employers.

Photo Credit: Jodie Gummow

Shame on McDonald’s. The giant fast-food corporation, whose 700,000-plus American employees are paid so little that they rely on $1.2 billion in taxpayer-funded welfare to can get by, just bought “another $35-million-dollar luxury jet.”

That’s according to the Campaign For America’s Future, which has launched an online petition calling for the nation’s largest fast food chain to pay living wages—starting at $15 an hour instead of pennies about the federal minimum wage, which is half that.

“It’s not right to impoverish your employees while sailing above them at a rate of $2,500 an hour. It's immoral to do it with a taxpayer subsidy,” the Campaign said. “Sign the petition telling Donald Thompson, CEO of McDonald's to cancel his order for another corporate jet until he pays all his employees a decent wage.”

According to the National Employment Law Project, Thompson made $13.7 million in 2012, and the corporation reported $5.6 billion in profits. Progressive economists have reported that McDonald’s could pay the $10.50 an hour wage if it raised the price of its popular Big Mac items by a nickel.

The Campaign has previously noted excesses in McDonald’s corporate suite. This week, reports surfaced that the company was advising workers to make budgets that include food stamps—instead of paying a living wage. Meanwhile, the CEO’s salary tripled.

The jet that McDonald’s want to buy, the Campaign said, is “a luxurious Bombardier 605,” whose marketing materials tout “listening to Beethoven on the dual Blu-Ray Disc player, or watching a movie on either of the two 22” HD monitors, a real pleasure.”

The Campaign For America’s Future petition is here.

Steven Rosenfeld covers national political issues for AlterNet, including America's democracy and voting rights. He is the author of several books on elections and the co-author of Who Controls Our Schools: How Billionaire-Sponsored Privatization Is Destroying Democracy and the Charter School Industry (AlterNet eBook, 2016).

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