The facts on minimum wage and the Economic rapists of the Illinois Policy Institute

. A new rant from the FILTHY PUNDIT(He ought to have his mouth washed out with soap) Politics, way over the %$#@ing top!………………..Too harsh? Think about the death grip on our culture, the way workers, families and communities have been literally economically raped by perversely powerful, and obsessively greedy interests of extremist capitalism. I have been warned that calling out the powerful too honestly and too vociferously would get me branded as a pariah and someone who didn’t know how to “play the game.” I refuse to be a part of a media that allows the people to be tricked by groups like the Illinois Policy Institute, a nebulous group whose funding tentacles reach to the Koch brothers, according to a new report by Progress Illinois. Their agenda: to roll back civil liberties by seeming to support civil liberties. The proverbial wolf in sheep’s clothing, the IPI made some statements on a local morning rightwing show about minimum wage. The IPI prefers eliminating the minimum wage in favor of a market based wage. In other wards, they favor predatory wages, as in the case of Walmart in which that national cancer destroyed the generations old job base in favor of low wage jobs and the resulting addiction to cheap Chinese and third-world made goods. The IPI says the raise in minimum wage would only benefit 5% of the workforce, but neglect to add that that represents about 11 million people, given, according to the Bureau of Labor Statistics national workforce Figure, adjusted from 2005 numbers of about 160 million workers. 11 million heads of households! Remember in the 1990s economists were telling us to prepare for the service economy? Well fuck me with a dictionary! It’s here! As they told us that their crony capitalist pals were moving all the manufacturing jobs overseas, Romney’s Bain capital was carving up profitable companies and the banks were plotting ways to fuck millions of homeowners in a housing scheme. But here’s the real benefit, by the numbers, of raising the minimum wage.  Even at a paltry $10.10 an hour, the net gain to the  economy over the current in tax revenues alone would be around $20 billion, and would add around %30 billion additional in consumer spending, which I’m guess would spur a few jobs. It’s simple, multiple the wage amount by 40 hours average, time 4 weeks in a month, 12 months in a year…hardly rocker science. The raising of the minimum wage has always led to an upturn in the economy on the consumer side, but IPI represents predatory corporations and business interests who hope you remain clueless. I’m guessing that those who dismiss me as liberal can’t work  a calculator or really love sucking dick. I can’t help you. There’s no cure for stupid.

http://progressillinois.com/posts/content/2013/11/18/new-report-sheds-some-light-illinois-policy-institutes-big-money-funders
http://www.sourcewatch.org/index.php?title=Illinois_Policy_Institute
http://www.scribd.com/doc/182406862/IL-Who-Is-Behind-The-Illinois-Policy-Institute
CAM00236WC Turck is an author, artist, playwright and talk radio host in Chicago. He has been called the most dangerous voice on the Left. He is currently working on a new book “Shoot Down: An unflinching look at the events leading up to the shooting down of Malaysia Air Flight 17.” His first novel, “Broken” was recommended by NAMI for its treatment of PTSD. In 2006 he published “Everything for Love,” a memoir of his experiences during the siege of Sarajevo. He wrote and produced two critically acclaimed plays, “Occupy my Heart” and “The People’s Republic of Edward Snowden.” He works with the homeless and foreclosure victims in Chicago. He partners in a weekly radio show dedicated to issues, society and politics with cohost, activist and artist Brian Murray For more information, past shows, videos and articles, visit www.revolutioandbeer.com

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In a perfect world…not so fast. McDonald’s and the Fight for 15 reality.

Fight for $15? What if I said McDonald’s could pay their workers $15-17 an hour, they just don’t want to? Now what if I said they could pay that much-or more-and still maintain their current profits? What would you say? Now what would you say if by doing all that we also reduced taxes, the deficit, hunger, and crime? In a perfect world, right? Not so fast.

Seriously, this isn’t an attack on McDonald’s. I actually liked some of their offerings, that is before I developed severe hypertension. Oops. This is, however, about a better world, and about solving problems. McDonald’s is just an easy illustration. They provided the numbers. I just crunched them. And so, here are the numbers…

First, since McD’s is international, we need to isolate domestic from international, at least for now. Once we win this the next logical and moral target must be for an international minimum wage, pegged to national output and with international legal ramifications for violators. One battle at a time.

So here are the numbers…their numbers. First, there are almost 35,000 McDonald’s restaurants on the planet, or 1 for every 171428 people on the planet. 6500 are company owned, 27880 are franchised out. Don’t worry, the numbers work for Mc-franchisers as well as Mc-Corporate. There are 14137 in the United States, or 1 for every 22600 people. Feeling chunkier yet?

Total 2012 franchise sales were $69.7 billion plus $27.6 billion corporate sales for $97.3 billion total global sales. With US franchises accounting for roughly 40% of the global we can comfortably assume 40% sales from that $69.7 billion, or about $30 billion.

Follow me here. The numbers are simply the foundation. Here is where it gets interesting. McDonald’s total payroll and benefits, by their own numbers are $4.7 billion, with about $1.8 billion US. Simply a 3% increase in prices, or 3 pennies on the dollar, 26 cents on a Big Mac meal increases the hourly wage of workers at McDonald’s to $15-17 an hour, reduces crime, lowers the deficit, decreases poverty, increases the tax base, fixes roads and bridges, and washes your car. Okay, I threw in that last part for kicks. That 3%, bringing in an additional $2.33 billion annually to the company, more than is necessary, would also maintain the company’s current profits or more.

Now you must know at this point that my numbers are not entirely correct. I fully admit to rounding them off…in favor of the company. See, I made no distinction for Managers, executives, the folks in marketing, truck drivers or the counter and drive-thru employees. If I had we might be paying these frontline employees $20/hour. I did not make up the numbers. There are direct from McDonald’s, I just connected the dots.

So, they can’t afford a livable wage? Upon closer scrutiny, it is quite clear that the answer is that perhaps they won’t…

WC Turck is the author of 4 books, including the critically acclaimed Bosnian War Memoir “Everything for Love,” and Broken: One soldier’s unexpected journey home, at Amazon and Barnes and Noble.com. Turck wrote and produced two critically acclaimed plays, “Occupy my Heart: A Revolutionary Christmas Carol” and “The People’s Republic of Edward Snowden.” The most dangerous voice on the Left, he can be heard Mon, Tues, Thurs and Fridays from 9-11am in Chicago, and 1-3pm on the Revolution and Beer show with partner and cohost BL Murray.

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