they just pass the bill on to the consumer. from the dollar menu to the 1 2 3 dollar menu. soon it’ll be the “under $5 club” but the cheapest item will be a small fry for $3.79
They always say this, it never happens because the min wage when it was originally implemented would be 35 dollars now. It didn’t happen then, it won’t happen now.
If, like me, you’re concerned that franchisees may not be able to raise prices and offset this $250k in yearly expenses, worry no more because they totally can.
This whole complaint is nonsense. That’s a trivial markup per food item.
Well, their problem is they already planned to increase prices with zero added benefit to employees or customers. Asking them to actually contribute something in exchange for their gains? Psshhh
Yes, but now they’ll increase them twice, or twice as much. I know, I know, there are economic studies that say otherwise and the general consensus on the left is that prices don’t increase when wages do. I recognize that personal experience doesn’t hold a candle to scientific information. Yet, every single time I’ve seen wages go up in my entire life, the prices soon follow, wiping out the improvements for minimum wage workers and further eroding spending power for the middle class. The poor stay just as poor, the middle class shrinks a little, and the wealthy aren’t impacted at all. I’ve read studies that say differently, but it’s pretty hard to ignore a lifetime of experience. Now please recognize that I’m not advocating against a wage increase. I’m advocating for a law alongside the wage increase that blocks any associated price increases.
What would also help is an actually meaningful wage increase that isn’t just a handful of crumbs thrown out to give politicians something to brag on for their campaigns. Something that actually keeps pace with the cost of living increases, and makes up for decades of failing to make such increases.
I suspect your right, though, that it will always end up with the wealthy even wealthier, until we address them directly and start making laws with teeth that curb their hoarding of that wealth and stomp on their ability to influence policy with it.
Restricting your own wage increase in the hope that companies won’t add to inflation is very much like trying to be extra nice to an abusing partner in the hope that they won’t hit you.
I know that you later wrote that you’re in favor of a law restricting their ability to increase prices so please take this as an aside.
Oh boo hoo, cry me a fucking river you fat, greasy suits. You’ve been taking advantage of workers since inception. You can absolutely afford to pay your workers $20/hr, you just won’t have as much profit. So what? You’ll still make ridiculous money. America is disgusting. I’m just disgusted with all the inequality. People are battling every day just to survive, and these corporate fucks are crying while wiping their tears with $100 bills and the shirts off the backs of their employees. Fuck off.
Go fuck yourself, world’s leading fast food restaurant and the inventor of the chain franchise. Billions served, hundreds of billions of dollars made, throws millions of tons of food away, and still can’t afford to pay people a living wage? Instead of eating McDonald’s, let’s just eat McDonald’s. Eat the rich!
These prices have nothing to do with their actual cost. The “inflation” is them raising prices arbitrarily to flirt with the line of when poor people will finally revolt. They are just flying closer to the Sun by choice today, these aren’t in reaction to any real world choice or condition that the business needs to make to “survive”
No it won’t, you’ll just make slightly less profits, but you’ll still be profitable. If it helps sweetie, you shouldn’t have been making that much profit in the first place, you’re just getting called out on your bullshit now.
