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Fast Food Giant Claims Credit For Killing $15 Minimum Wage [dailyposter.com]

 

By Walter Bragman, Andrew Perez, and David Sirota, The Daily Poster, March 26, 2021

The parent company of some of America’s largest fast food chains is claiming credit for convincing Congress to exclude a $15 minimum wage from the recent COVID relief bill, according to internal company documents reviewed by The Daily Poster. The company, which is owned by a private equity firm named after an Ayn Rand character, also says it is now working to thwart new union rights legislation.

The company’s boasts come just a few months after a government report found that some of its chains had among the highest percentage of workers relying on food stamps.

Inspire Brands — which owns Jimmy Johns, Arby’s, Sonic, and Buffalo Wild Wings, plus recently acquired Dunkin’ Donuts for $11.3 billion in November — on Thursday sent employees and franchisees a review of its government lobbying activity that highlighted its success in keeping the $15 minimum wage out of Democrats’ American Rescue Plan, the COVID-19 relief bill President Joe Biden signed earlier this month.

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