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Guess Who’s Crashing the McDonald’s Shareholder Meeting?

Will this presidential election be the most important in American history?

While McDonald’s works to figure out why business is slowing, their “Fight for 15” employee activists are planning what is predicted to be their biggest protest to-date.

The Guardian reports:

McDonald’s workers will gatecrash the burger company’s shareholder meeting later this month with “the biggest ever protest” demanding an end to “poverty wages” paid to many of its 420,000 staff.

As the company announced plans to turn around its ailing business, Fight for $15, a union-backed protest group, set out plans for a day of protest at the company’s Chicago headquarters.

After a string of protests nationwide last month, McDonald’s announced a wage increase to $9.90, however, the protesters say it’s not enough. Here’s the problem- a move to $15 will raise the costs of labor, creating an incentive for McDonald’s to let employees go, raise prices, or even invest in automation to lower the costs of labor.

Like most progressive policies, the unintended consequences of a $15 wage will end up outweighing the benefits in the long-run, and hurt the very people the movement was created to protect.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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