.. something that hasn't been implemented yet
And there was me thinking cause
precedes effect
Given that all the fast food businesses would be paying the same increased cost it would be a wash so competivity is actually irrelevant.
From what I see above, they'd be increasing labour costs by around 50-60%, it wouldn't affect their other costs - rent, raw materials, power, management expense etc - so the price would be
maybe $5 (assuming the $7 was double the current price) for a Big Mac .. which is not far removed from what they cost here in the UK .. and they sell pretty well here.
Sadly. But that's a different discussion.
You're clearly not too familiar with how much US govt cash goes in subsidies to (mostly large multinational) companies
Kinda tough on the mentally deficient ..
What's also surprising is how many non-liberals seem to be objecting to this when, from what they say about themselves, a $15 minimum wage would have helped them in the past or might even help them now
Clearly, $15 is not realistic, but as has been pointed out more than once above: it's the opening bid in a bargaining process and as any fule kno, you don't start where you hope to finish.
An unrelated titbit: saw this
STUDY: Watching Only Fox News Makes You Less Informed Than Watching No News At All :rofl: