Pendejo-Canoes at @HuffpostDenver Retract Ridiculous McDonald’s 17% Claim After Blogger Criticism
Haha! The morons at Huffington Post are eating a lot of McCrow burgers after posting an idiotic claim that McDonald’s could double their wages by raising prices by only 17%. Except the post that went viral was written by a history student, who got her numbers from another student, who did an “analysis” in a study that no one has ever seen!
EAT IT, HUFFPO!!!
Click below to read my original post criticizing them:
Read their glorious retraction:
On Monday, The Huffington Post published a story entitled “Doubling McDonald’s Salaries Would Cause Your Big Mac To Cost Just 68¢ More.” HuffPost has since learned that the research used as the basis of the story contains significant errors that cast doubts on its claims. This story has replaced the one originally published in this space.
The story drew on data presented by Arnobio Morelix, an undergraduate student from The University Of Kansas who identified himself as a researcher for the school. In an interview, Morelix told the HuffPost that only 17.1 percent of McDonald’s revenue goes toward salaries and benefits, meaning that for every dollar McDonald’s earns, a little more than 17 cents goes toward the income and benefits of its employees.
However, as the Columbia Journalism Review subsequently noted, Morelix’s analysis only takes into account the payroll and employee benefits of McDonald’s company-operated stores while excluding franchise businesses. Prior to publication, HuffPost asked Morelix if his analysis included franchises and he said it did. He later conceded it did not. McDonald’s franchises make up more than 80 percent of McDonald’s restaurants worldwide. This means that a majority of the payroll and employee benefits of McDonald’s workers are not included in Morelix’s findings.
Still, the damage is done – thousands of mindless liberal idiots retweeted the story without caring that the “study” wasn’t linked. Great job, you miserable buffoons.
Apparently Think Progress doesn’t have the guts to admit they didn’t do their homework either. They still have their post up making the claim based on Huffpo’s “study.” Help me shame them!