Monday, October 28, 2013

Fast Food Chains Cost Taxpayers Big





"The fast-food industry is one of the nation's largest employers of low and minimum wage workers. According to one group, often the industry workers' pay is not enough and many turn to government programs for assistance. According to the National Employment Law Project's (NELP) newest report, because the fast-food industry pays its workers less than a living wage, U.S. taxpayers must foot the bill in the form of the public assistance programs these workers must use to get by. McDonald's alone, according to the group, cost taxpayers $1.2 billion last year. Based on NELP's estimates, 24/7 Wall St. reviewed the annual costs of providing public assistance to low wage employees working at the seven largest publicly traded fast-food companies...".* Ana Kasparian and Cenk Uygur break it down on The Young Turks.

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