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Chains were raising prices way before the minimum wage hike. Everyone is, that’s inflation. WSJ desperate to make it sound like California’s initiatives are ba
by completelylegit 2y ago
Chains were raising prices way before the minimum wage hike. Everyone is, that’s inflation.
WSJ desperate to make it sound like California’s initiatives are backfiring.
- listless 2y agoYeah fast food already crazy expensive out here. Its already about the same as a sit-down restaurant. No real reason to buy it. Maybe this is the beginning of the end?
- mminer237 2y agoIt's gone up everywhere, but California is definitely unique in just how much it is shooting up, especially after the minimum wage increase was passed: https://www.qsrmagazine.com/story/californias-fast-food-wage-bump-casts-wide-pricing-impact/ https://www.qsrmagazine.com/story/californias-fast-food-wage...
- nielsbot 2y agoit’s not a given that prices must rise that much. In-n-out raised their burger prices by $0.25.
- hollerith 2y agoThat is because that particular fast-food chain was already paying most of its workers more than the new minimum wage.
- nielsbot 2y agoProving it can be done. These other companies should lower their profits instead.
- riku_iki 2y ago> That is because that particular fast-food chain was already paying most of its workers more than the new minimum wage. and delivering superior product below market price. So, this is purely business efficiency/optimization aspect and not external factors.