Stephen Colbert on McDonald’s and the minimum wage

Stephen Colbert does a brilliant take on McDonald’s new Web site that purports to help employees budget their limited income.

colbert-mcdonalds

“McDonald’s agrees with me. Instead of raising salaries, they’re giving their workers something more valuable: a Web site.”

For example, McDonald’s budget journal assumed that employees spend zero on heating, and only $20 a month on health insurance, when McDonald’s smallest health insurance lan is nearly $60 a month. ┬áThe journal has now been updated to include some heating costs. ┬áBut, as Colbert notes, it still assumes that you have a second job.

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Follow me on Twitter: @aravosis | @americablog | @americabloggay | Facebook | Instagram | Google+ | LinkedIn. John Aravosis is the Executive Editor of AMERICAblog, which he founded in 2004. He has a joint law degree (JD) and masters in Foreign Service from Georgetown; and has worked in the US Senate, World Bank, Children's Defense Fund, the United Nations Development Programme, and as a stringer for the Economist. He is a frequent TV pundit, having appeared on the O'Reilly Factor, Hardball, World News Tonight, Nightline, AM Joy & Reliable Sources, among others. John lives in Washington, DC. .

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