• TowardsTheFuture@lemmy.zip
    link
    fedilink
    English
    arrow-up
    45
    arrow-down
    1
    ·
    1 year ago

    From what I remember from doing that math it costs something like 34¢ extra for a Big Mac to double labor costs from $15/hr to $30/hr.

    Increases in price are not due to increased costs they’re due to being able to get away with it. Forcing poor people to continue being poor and still letting prices raise is fucking dumb. Poor people getting more money is very good for the economy as they don’t have enough money to not have to spend it all, so giving them more means more being spent.