retail news in context, analysis with attitude

The New York Times this morning has a long piece about how fast food workers in Denmark make two-and-a-half times what US fast food employees make, raising the question for some people about why American fast food chains can't pay people a living wage.

According to the story, "Many American economists and business groups say the comparison is deeply flawed because of fundamental differences between Denmark and the United States, including Denmark’s high living costs and taxes, a generous social safety net that includes universal health care and a collective bargaining system in which employer associations and unions work together. The fast-food restaurants (in Denmark) are also less profitable than their American counterparts."

While it may in some ways be like comparing apples to oranges - or, more accurate, hamburgers to danish - it is an interesting case for discussion - and you can read the entire story here.
KC's View: