

McDonald’s CEO Chris Kempczinski said the “two-tier economy” was a major factor in the fast-food giant’s decision to revive its “Extra Value Meal” combos last month.
“Traffic for lower-income consumers is down double digits,” Kempczinski told CNBC in September. “We needed to step in.”
Cynically unsurprising that they decided they needed to “step in” by offering a menu of lower priced garbage instead of by paying their executives less and their employees more.
Clearly the underlying philosophy here isn’t “let’s respond to the increasing wealth gap by working for a solution,” but “let’s respond to the increasing wealth gap by figuring out ways to continue taking advantage of poor people even as they keep getting poorer.”
It wasn’t that long ago that I was generally too cynical. Now I can barely even keep up.

I really don’t like Newsom much, but I have to admire his Trump-trolling skill.