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Who is Right?

Touch the Soil News #569 (Feature photo – Annette Bernhardt CC 2.0) The fight for $15 minimum wage for fast-food workers has recently hit the streets again. For people, good economics is when many people are working at a survivable wage. For example, one businessman once told me that good economics is when 1,000 people farm 10 acres each and all make a living. Bad economics is when one farmer runs 10,000 acres with an army of minimum wage labor. When it comes to finance, it can be the opposite of economics. Good finance can be when 1 person can run a 10,000 acre farm using hundreds of minimum wage…

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Tech Meets Fast Food

Touch the Soil News #548 The world’s largest restaurant chain – McDonald’s – has been experimenting with a number of changes that it is now set to rollout to all of its 14,000 U.S. locations. One must remember that McDonalds is not only competing against other fast food restaurants, but essentially for all food dollars. In the process, it is also looking to cut costs. Restaurants have come under increasing pressure from stockholders to deliver more profits in a landscape that is less than robust. Same store sales have been weakening all year in the restaurant industry pushing executives to find ways to cut costs. On the social front, fast…

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Fast Food Workers and the $15 Wage Battle

Touch the Soil News #350 Squaring off as perhaps the largest protest of Capitalistic inequality ever to take place in our lives is a global call for strike and protest on April 14, 2016. Energy is building for the global-scope strike that is anticipated to take place in over 300 cities in 40 countries on six continents. The movement began a few years ago when a small group of New York fast-food workers decided to strike and take action. Since that time, the movement has been growing by leaps and bounds, gaining momentum as it picks up home care, child care and education workers with similar sentiments. A couple of…

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