McDonald’s: Taxing Americans for 56 Years
by Michael F. Jacobson, Ph.D., Executive Director, Center for Science in the Public Interest
April 15, 2011
“April 15” fills many Americans with anxiety as tax returns become due (though this year Uncle Sam has given us until April 18). I recently remembered that April 15 has another grim association: the opening, 56 years ago, of Ray Kroc’s first McDonald’s franchise in Des Plaines, Ill. (Now is as good a time as any to disclose that my organization has hauled Ronald McDonald to court to try to stop the predatory practice of using toys to lure children to disease-promoting Happy Meals.)
With the possible exception of Coca-Cola (itself a McDonald’s menu mainstay), I can’t think of another food company that has had such an enormous impact on the way we eat and the way we farm. Yes, thanks to McDonald’s, one can eat out quite cheaply. And it’s hard to be dismissive of that achievement in a time of high unemployment and high income disparity. But that low price obscures the financial toll exacted on Americans by McDonald’s and McDonald’s imitators in terms of the costs associated with treating obesity, heart disease, diabetes, and other conditions. So in that way, fast food restaurants have been taxing us for the past half-century-plus: We now spend more than $270 billion each year on heart disease alone.
via McDonald’s: Taxing Americans for 56 Years – Infoshop News.
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