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Joined 2 years ago
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Cake day: June 15th, 2023

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  • I would like to say, California instituted a $20 fast food minimum wage which was estimated to cause an 8% increase in overall wages (they already trend high there) but a 1.5% increase in menu prices. To my mind this tracks as wages are kind of small (too small) against ingredients, building lease, etc.

    Granted, increasing the wages of everybody in the agricultural supply chain would probably have a bigger effect, but overall I think businesses tend to mcfucking lie about the impact of wage increases on consumer prices.