re: California’s $20 fast food minimum wage balloons menu prices

I wonder how much the executives, presidents, vice presidents and board members at fast foods franchises make as a total? I would bet it’s in the hundreds of millions of dollars per year.

The problem is not paying the employees a fair wage. These fast food companies can more than handle that without raising the prices of anything. Just the executives would make 15 million a year instead of 20. And if there’s one “problem” with capitalism I think that’s it. The average American worker/employee’s salary vs the executives salaries has grown to a much higher gap than say 50 years ago. I don’t know how to fix that though. Cause you don’t really want any government interference bc they turn everything they touch to shite

And I get the work and risks associated with starting businesses and franchises etc. But the people running these places now are not the people who took these risks getting these businesses off the ground in most big fast food or other big box store chains