http://www.forbes.com/sites/timworstall/2013/11/13/apologies-but-welfare-payments-to-employees-are-not-subsidies-to-walmart-and-mcdonalds/^http://www.businessweek.com/articles/2013-10-15/mcdonalds-low-wages-come-with-a-7-billion-side-of-welfare^http://www.bloomberg.com/news/2013-11-13/how-mcdonald-s-and-wal-mart-became-welfare-queens.html^These were three of a dozen articles on how US Taxpayers are subsidizing companies by supplementing employee income with food stamps, housing assistance, earned income credit, and other “social welfare programs.” At least 7 billion dollars a year goes to people who work full time for minimum jobs, yet the CEOs of these companies have compensation packages worth as much as 8 figures. Why are we subsidizing these companies when all they need do is raise prices for their products and/or take a 1 to 5% cut in executive pay in order to pay their people a living wage.Perhaps we should call for Congress to ban food stamps and other aid to people who work for these companies. Then we avoid raising the minimum wage, we cease subsidizing the businesses, and we’ll stop giving money to people who will be forced to look for jobs that make it possible for them to feed their families, live in some kind of dwelling, and maybe get medical attention once in a while.Since Congress and conservatives believe that raising the minimum wage will destroy our nation, I’m not sure what else we can do.7 Billion dollars a year to help companies underpay workers? Is that a viable plan?Respectfully,C.
http://www.forbes.com/sites/timworstall/2013/11/13/apologies-but-welfare-payments-to-employees-are-not-subsidies-to-walmart-and-mcdonalds/^http://www.businessweek.com/articles/2013-10-15/mcdonalds-low-wages-come-with-a-7-billion-side-of-welfare^http://www.bloomberg.com/news/2013-11-13/how-mcdonald-s-and-wal-mart-became-welfare-queens.html^These were three of a dozen articles on how US Taxpayers are subsidizing companies by supplementing employee income with food stamps, housing assistance, earned income credit, and other “social welfare programs.” At least 7 billion dollars a year goes to people who work full time for minimum jobs, yet the CEOs of these companies have compensation packages worth as much as 8 figures. Why are we subsidizing these companies when all they need do is raise prices for their products and/or take a 1 to 5% cut in executive pay in order to pay their people a living wage.Perhaps we should call for Congress to ban food stamps and other aid to people who work for these companies. Then we avoid raising the minimum wage, we cease subsidizing the businesses, and we’ll stop giving money to people who will be forced to look for jobs that make it possible for them to feed their families, live in some kind of dwelling, and maybe get medical attention once in a while.Since Congress and conservatives believe that raising the minimum wage will destroy our nation, I’m not sure what else we can do.7 Billion dollars a year to help companies underpay workers? Is that a viable plan?Respectfully,C.