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Aug 29, 2013 | By CAP Action War Room
Fast Food Workers Strike for a Higher Minimum Wage
Fast food workers in at least 60 cities across the country went on strike today in order to demand a living wage.
The Service Employees International Union (SEIU) notes that the median wage for fast food workers at chains like KFC, McDonald’s, and Taco Bell is just $8.94 per hour.
Meanwhile, the industry is raking in $200 BILLION a year in profits and CEOs are literally making thousands of dollars per hour:
Here are some fast facts about the minimum wage — and why it’s time to raise it.
Raising the Minimum Wage Would Boost the Economy
Millions of Americans Would Benefit From Increasing the Minimum Wage
Wages Have Not Kept Up With Increased Productivity or Inflation
Over the past few decades, worker productivity in the U.S. has risen dramatically, but the average American worker is not reaping the benefits. Instead, wages have grown at a tepid pace, and workers are getting a smaller and smaller piece of the pie.
Although the average workers’ wages have remained stagnant, the pay for those at the top has skyrocketed.
Raising the Minimum Wage is a Winning Issue
Raising the minimum wage, which nearly three in four Americans supports, is also “a political goldmine” for Democrats:
BOTTOM LINE: One demand of the March on Washington for Jobs and Freedom, which happened 50 years ago yesterday, was “a national minimum wage act that will give all Americans a decent standard of living.” As we reflect on the legacy of Dr. King, our increasingly economically unequal society, and the plight of low-wage workers, it’s clear that it’s way past time to raise the minimum wage.