Tuesday, February 17, 2009
Who's Keeping Burger King Workers Below the Poverty Line?
Goldman Sachs, who else? Check out this Bailout special from WaronGreed.org.
What would you do with an extra $18,000 in your pocket?
That's the amount of extra cash each and every Burger King employee in America would have received last year if Goldman Sachs (one of the fast-food chain's largest owners) had shared its bailout billions with rank-and-file workers. Instead, Goldman Sachs squandered 6.5 billion of our taxpayer dollars on bonuses for their financial staff. These were some of the highest bonuses on Wall Street! Meanwhile, Burger King workers earn wages averaging just $14,000 a year -- well below the federal poverty line for a family of three.
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