This is silly, and it won't help poor people. at least not for very long. While McDonalds as a whole could afford the pay hike, some portion of it's stores (10

This is silly, and it won't help poor people. at least not for very long. While McDonalds as a whole could afford the pay hike, some portion of it's stores (10%? 20%? maybe 50%?) would become unprofitable overnight. Then what? Shutter the stores? Lay off half the employees? Either way it's defeating the purpose. Also, new employees would be hired at the new wages (presumably) which means McDonalds wouldn't be hiring poor people anymore. In 5 years or so, we'd have people with associates degrees flipping burgers for $14 an hour, their shift managers would have Bachelor's and make $18-20/hour. Not necessarily a bad thing, but it won't help anyone out of poverty.