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Fast food workers to get a $20 minimum wage in CA
(www.cbsnews.com)
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this post was submitted on 28 Sep 2023
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I was unaware that Denmark was in the US now.
The point is that they're able to raise wages and keep prices the same. It has nothing to do with being in a different country. Why would it not be the same case in the US?
There are many factors that affect price. Wages is one of them.
Do you dispute that wages affect price? Why would you expect an across the board increase in labor costs to have zero affect on prices?
To take it to an extreme - if CA raised the minimum to $100/hr would you expect a 1$ burger still?
How about the opposite? To take it to an extreme, if CA raised the minimum to $100/hr would you expect a 100$ burger?
There's obviously a price that consumers won't accept and so some of the cost of the wages need to start coming out of the pockets of people making millions.
Obviously wages can effect price but the wages and cost of food in Denmark is proof that fast food joints can afford $20/hr without raising prices. You're bringing up extremes without looking at the reality that exists in other countries. Get out of here with your bad faith arguments.
You first.
I'm saying they will likely raise prices. Not that they can't keep them the same. Not that food may be cheaper elsewhere. None of the other shit the lemmykins are pretending I'm saying.
As you yourself fucking said - wages can affect prices.