Sorry, couldn't catch the edit. 4 cents on a burgher compounded over the life of McDonalds chains still doesn't add up to that magical figure. Who are you, madam or mister, that crunched those numbers? You don't think these places should be in business for their business practices? Shut them all down. Close them today. No more McAnything. Go find another job for the 3 million that serve and being served by them. Ringing a register is not a career. You are paid for what you produce, right? You are an entrepreneur. If you had talent that didn't generate subscriptions would you keep them?
yes it is true that the US economy for the most part runs on consumerism, NAFTA and GATT, helped this along a great deal unfortunately, but the root of this problem lies in the authority that has the power to issue the nation's money which is the private federal reserve bank of NY, wages have not kept up with cost of living because of the continued and rapid expansion of the US dollar, the more of these digital green papers that enter circulation, the less valuable the ones that are already in circulation become which means higher prices over the long term because its cost more dollars to by the same amount of goods, it seems like many who talk about the economy want to dance around the main cause of the woes which is the private federal reserve, the minimum wage should be around 20 -25 dollars an hour, a working person in the 60s and early 70s had more purchasing power than working people do today, for example, a silver quarter being worth about 5 dollars today, a silver dollar and a silver quarter totaled equals 25 dollars today (remember workers used to get paid in real silver quarters, dimes and halves and the US is still currently operating under the legal fiction that a silver dollar has the exact same value as a federal reserve note, this is why up til this day you can walk into a bank with a 1921 Saint Gaudens 10 dollar gold piece and exchange it for a 10 dollar federal reserve note, now I would not recommend you do that because you can't get the 10 dollar gold piece back), after Nixon closed the gold window in 1971, the first batch of inflation hit, prices went up by 1000 percent over a 10 year period but wages only increased by 200 percent, now couple this with the exporting, offshoring and downsizing of the middle range and manufacturing jobs (shipped over seas), which did give us cheaper goods and help to slow down inflation, but it also allowed the fed to expand the money supplies even further which did lessen the purchasing value of the dollar, basically a working person today has to make 20-25 dollars an hour to equal the purchasing power that a person had back in 1967, remember the working man of 1967 was able to go to work and make enough money in a week to support himself, his wife and his kids, all on his salary, fast forward into the late 70s, early 80s, families realized that one salary was not enough, hence the wife had to go out and work and even the kids, when of age, started to go out and work to support the one family, you see by reducing the substance of money without reducing the physical form of money, the bankers have fooled a generation, people see that their wages have not kept up with the rate of inflation but they don't understand why, the people see that their parents might have earned 2 dollars an hour and were more comfortable and they might currently be earning 14 dollars and hour but they don't understand why it is so hard for them to keep up with the cost of living and many believe that is it their fault, when in point of fact, its not the working person's fault but the fault of the authority that issues and controls the currency in which that person is paid for his or her productivity, not to mention new and higher taxes that have been levied throughout the years as well