Not earning enough? Take responsibility for your life, says Anthony Bradley in the second of this week’s Acton Commentary.
In today’s culture of entitlement people believe that they deserve certain rewards simply because they exist — not because of hard work, perseverance and wise choices. Entitlement is the only way to explain the lunacy behind recent demands that fast food chains like McDonald’s arbitrarily pay workers $15 per hour. Unlike many politicians, business leaders do not make decisions according to public opinion because they have fiduciary responsibilities to their boards and shareholders. As a result, McDonald’s Corp. Chief Executive Officer Don Thompson is doing the right thing by not cowing to ridiculous wage demands. In short, McDonald’s has become a scapegoat for a series of failed economic and public policies.