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

Posted on 4/3/24 at 11:58 am to
Posted by SixthAndBarone
Member since Jan 2019
8356 posts
Posted on 4/3/24 at 11:58 am to
quote:

Burger King, where a Texas Double Whopper meal cost $15.09 on March 29 but surged to $16.89


Surged?
Posted by Deek
Moores Bridge, AL
Member since Sep 2013
753 posts
Posted on 4/3/24 at 11:59 am to
People shouldn't be eating that crap anyway.
Posted by carhartt
Member since Feb 2013
7723 posts
Posted on 4/3/24 at 12:01 pm to
Sorry, but I shouldn’t have to pay more for a #4 because someone’s shitty arse life decisions landed them working in fast food at 40.
Posted by Smeg
Member since Aug 2018
9449 posts
Posted on 4/3/24 at 12:03 pm to
quote:

Surged?

Almost $2 overnight on a fast food combo? How much would the increase have to be before you agreed that the term "surge" was appropriate?
Posted by Teufelhunden
Galvez, LA
Member since Feb 2005
5593 posts
Posted on 4/3/24 at 12:04 pm to
Remember when the founding fathers said you needed to have property to vote? This is why.
Posted by nicholastiger
Member since Jan 2004
43372 posts
Posted on 4/3/24 at 12:04 pm to
Well, no more In N Out Burger for me
Posted by Oilfieldbiology
Member since Nov 2016
37622 posts
Posted on 4/3/24 at 12:04 pm to
quote:

Did you think the companies would take less profit?


Yes, the California politicians and NGO’s think that companies will just do the same work for less profit.
Posted by LNCHBOX
70448
Member since Jun 2009
84393 posts
Posted on 4/3/24 at 12:04 pm to
quote:

Surged?

12% jump over night, yea that's a surge. Imagine if all your costs did that.
Posted by SulphursFinest
Lafayette
Member since Jan 2015
8881 posts
Posted on 4/3/24 at 12:10 pm to
How much has Canes raised their menu prices recently?
Posted by LNCHBOX
70448
Member since Jun 2009
84393 posts
Posted on 4/3/24 at 12:10 pm to
quote:

How much has Canes raised their menu prices recently?



No more than anywhere else has over the years.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119655 posts
Posted on 4/3/24 at 12:13 pm to
Shocked
Posted by Plainview
Member since Apr 2024
67 posts
Posted on 4/3/24 at 12:14 pm to
Only a bunch of fatasses would care what fast food prices are.
Posted by Finkle is Einhorn
Member since Sep 2011
4251 posts
Posted on 4/3/24 at 12:14 pm to
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
Posted by Smeg
Member since Aug 2018
9449 posts
Posted on 4/3/24 at 12:17 pm to
quote:

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.

Posted by LNCHBOX
70448
Member since Jun 2009
84393 posts
Posted on 4/3/24 at 12:18 pm to
quote:

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


Bad executives can bankrupt a company. Being high value is valuable. Why stop at cutting their salaries only 25%? Why not 90%? Do they really need more than that anyway?
Posted by AlterDWI
Durango, Colorado
Member since Nov 2012
2208 posts
Posted on 4/3/24 at 12:18 pm to
quote:

a Texas Double Whopper meal cost $15.09 on March 29 but surged to $16.89


Wow. Some seriously overpriced corporate slop. Shocking there a people paying $17 for a shite burger from BK.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 4/3/24 at 12:18 pm to
quote:


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.


Posted by mindbreaker
Baton Rouge
Member since Dec 2011
7652 posts
Posted on 4/3/24 at 12:19 pm to
Funny how minimum wages have been this high or higher in many European countries yet their food prices are very close to the same as ours. It's almost as if companies in the US take advantage of our system to artificially inflate prices because MONEY OVER EVERYTHING
Posted by tigerpimpbot
Chairman of the Pool Board
Member since Nov 2011
67074 posts
Posted on 4/3/24 at 12:22 pm to
quote:

Wait... these increased costs were supposed to be paid by the corporations not transferred to consumers.

-- AOC and other stupid leftists.


Aren’t these the same leftist idiots that pushed a capital gains tax on unrealized capital gains?
Posted by Smeg
Member since Aug 2018
9449 posts
Posted on 4/3/24 at 12:24 pm to
quote:

MONEY OVER EVERYTHING

Does this apply to demanding the minimum wage is increased at the cost of inflating prices for everyone?
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