Thread by @AynRandPaulRyan

1/ Fast food franchises have been colluding to keep wages down with "no-poach" deals. Unlike non-compete clauses which employees sign willingly, employees aren't told of these deals until they try to get another job with the same company. #WednesdayWisdom
nyti.ms/2L24ClH

2/ No-poach deals create a type of monopsony (monopoly held by an employer). Wages for most American workers have stagnated despite low unemployment. Economists say that practices such as these play a huge role in keeping wages low. #WednesdayWisdom

3/ Over half of adults on food stamps work in these low-wage industries.

Food Stamps Aren’t a Substitute for Work. They’re How Low-Wage Workers Avoid Hunger. #WednesdayWisdom

prospect.org/article/food-s… via @theprospect

4/ The Trump administration has just made it harder for people who can't get a job even in fast food due to these practices to get public assistance. #WednesdayWisdom
washingtonpost.com/news/wonk/wp/2…

5/5 This is why so many Democrats are calling for things like Universal Basic income, unionizing fast food jobs, and a $15/min wage. These corporations obviously hold no esteem for their employees and are going to continue to undercut American workers. Workers need protections.