Yesterday, McDonald’s ran the following full page ad in The New York Times in honor of Martin Luther King Jr.’s birthday. We didn’t think it told the true story.
Here’s our corrected, more accurate version of the ad.
Tweet this to @McDonalds and let them know it’s time to #RaiseTheMcWage
July 17, 2013
Mayor Vincent Gray
1350 Pennsylvania Avenue, NW, Suite 316
Washington, D.C. 20004
Dear Mayor Gray:
As you gather the relevant information for your decision on the Large Retailer Accountability Act (passed by the D.C. Council which would require big box stores pay a $12.50 (minus benefits) minimum wage) please consider one reply to Walmart’s arrogant assertion of its indispensability in certain areas of the District of Columbia. I refer to the services offered by the National Cooperative Bank (NCB) which we pressed through Congress in 1978.
The NCB’s mission is to offer loans and technical assistance to start consumer cooperatives. Indeed the NCB is committed to serving low-income communities and has helped build retail and housing cooperatives in underserved areas.
Over the years, the NCB’s supply of loan capacity and technical assistance has not been tapped as fully as is possible – in part because few city officials around the country have heard of its mission and its unique availability. The NCB’s offices are at 2001 Pennsylvania Avenue, NW Suite 625. It is worthwhile for you and/or your staff to visit their staff and determine what the NCB could do to help create modern retail cooperatives in the District.
I am sure that Charles E. Snyder the president of the NCB would be delighted to see you and discuss possibilities in the areas that the bullying Walmart is threatening to withdraw from unless the D.C. government surrenders to an unreasonable corporate ultimatum. With another announced $15 billion Walmart stock buyback over three years (enough to give $7000 each year to each of its associates) and with Walmart’s CEO, Mike Duke, making $11,000 an hour or nearly $200 a minute, Walmart’s lord of the [...]
Dear President Obama,
June 25th marked the 75th anniversary of the federal minimum wage law in the United States, known as the Fair Labor Standards Act. When President Franklin Delano Roosevelt signed this legislation, his vision was to ensure a “fair day’s pay for a fair day’s work” and to “end starvation wages.”
Seventy five years later, there are 3.6 million Americans working for pay at or below the federal minimum wage. More extensively, thirty million low wage workers are making less today, adjusted for inflation, than they did 45 years ago in 1968. They are working for a minimum wage that does not even reach the federal poverty line for a family of three and they cannot afford basic necessities like food, housing, transportation, and health care.
Had the minimum wage simply kept pace with inflation since 1968, it would stand at $10.70 per hour today instead of the current federal minimum wage of $7.25. In that time, the minimum wage has lost nearly one-third of its value while the prices of everything from food to housing to health care have been increasing – often at rates higher than inflation. Each year that the federal minimum wage is not increased, you and Congress are effectively telling low-wage workers that they are not worth as much as they were the year before and each of the dollars they earn gets stretched even further due to the effects of inflation.
Here’s where you can make a decisive executive decision.
Just about a month ago, federally contracted low-wage workers walked off the job and participated in some of the larger strikes the nation’s capital has seen in recent years. Despite the fact that they work indirectly for the federal government, they [...]
Republicans Vote Against Minimum Wage Increase; Ralph Nader Says They Have Abandoned the American People
In the House of Representatives today, 227 Republicans voted unanimously to deny an increase to the minimum wage to $10.10 per hour by 2016. This included 39 Republicans, who changed their position from 2007, when they supported the last increase to the minimum wage.
“The Republicans in the House should be ashamed of how they have abandoned the interests of their constituents and of the 30 million Americans who are making less today, inflation adjusted, than they did in 1968. Had the minimum wage kept pace with inflation since then, it would be $10.56 instead of $7.25 today,” said Ralph Nader.
Nader continued, “Polls have shown that 70 percent of likely voters support increasing the minimum wage. With their votes today, Republicans have demonstrated that they do not answer to the American people – they answer to their corporate masters. Over the past few decades, worker productivity has doubled and all workers have received for this effort is a shrinking minimum wage that has lost nearly a third of its purchasing power. As if that weren’t enough, in the same period of time average CEO compensation has skyrocketed by over 900 percent.”
“Jeffrey Immelt, the CEO of G.E., made $12,400 per hour last year and his counterpart at Walmart, Mike Duke, has made $11,000 per hour. When Republicans can cast a vote which says that those types of salaries are ok, but the lowest wage workers among us must continue to live in poverty, something is wrong. The working poor deserve a raise to at least $10.50 per hour, and they deserve it now!” concluded Nader.