The much vaunted trickle down economy grinds inexorably toward its - TopicsExpress

The much vaunted trickle down economy grinds inexorably toward its end... Fast food giant McDonalds has said that growing concerns over income inequality may force it to raise its wages. It said the public focus on the issue may intensify over the coming months. But it warned that higher wages might impact its profit margins if it cannot offset them by raising prices as well. Fast food companies have been under increasing pressure to raise wages and workers at various outlets, including McDonalds, have held strikes in recent months. bbc/news/business-26442618

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