Pepsi couldn’t compete with Coca-Cola.
So they bought Taco Bell, KFC, and Pizza Hut to sell more Pepsi. Then spent decades lobbying to keep the federal minimum wage at $7.25 — unchanged since 2009.
The savings from consolidating locations funded the lobbying. The lobbying kept wages flat. The flat wages kept lobbies closed.
The guy in the video below just wanted a Mexican pizza. $7.25 an hour. Nobody wants the job. Lobby’s dark. He ate it in his car — and completely came apart about it.
This didn’t happen by accident.
That is the direct result of a corporate consolidation strategy that started because Pepsi couldn’t beat Coca-Cola.
Pepsi spun the brands off as Yum! Brands in 1997. One company now controls KFC, Taco Bell, and Pizza Hut. Same consolidation.
Same lobbying. Same wages.
Trump is pursuing antitrust action against Google, Live Nation, and Big Ag for exactly this pattern — consolidation that kills competition, suppresses wages, and extracts the difference for shareholders.
Yum! Brands fits the pattern perfectly.
The trust-busters have a list. It should be longer.
@r0ck3t23 So what happens when all these jobs disappear? All the salaries, benefits, and purchases that would have been made with said funds. After all the demonizing of socialism, wouldn't giving ppl basic income socialist? Asking for a friend. 🤣