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

Posted on 4/3/24 at 2:17 pm to
Posted by SouthEndzoneTiger
Louisiana
Member since Mar 2008
10617 posts
Posted on 4/3/24 at 2:17 pm to
quote:

On no how will they ever survive without raising costs


So if you were running a business, and that business was making 1M a year for the last 10 years, you just took it over. So that’s the expectation, that’s the balanced budget, 1M per year. Suddenly a new wage increase happens that’s going to lower that to 75K. What you gonna do? You good with getting fired? Or are you gonna find a way to make up that loss?
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