Could You Live On This?

When McDonalds posted a sample budget to demonstrate to employees how they could live on minimum wage (including a second job), it triggered a hostile reaction from media, comedians, and everyday people. Here, we take a look at the estimated expenses, and consider how realistic they are, especially in light of comments on social media from workers around the country. We review briefly the intention of minimum wage (though more of that will come in future episodes). Finally, we consider the struggle and fortitude of people who do survive on minimum wage jobs.

The budget we discuss:
https://www.nasdaq.com/articles/mcdonalds-sample-budget-sheet-laughable-its-implications-are-not-2013-07-27

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