this post was submitted on 10 May 2024
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submitted 7 months ago by JimmyMemes to c/pennsylvania
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[–] AA5B 2 points 7 months ago

If actual wages increase, of course costs are crease, plus higher minimum wages tend to be in higher cost of living states. However the cost increase is very minor compare to the wage increase

Basically, each minimum wage slave flips many burgers. So doubling the pay, increases the cost of your burger by pennies. I vaguely remember an article about California’s wage increase that calculated 25¢ increase of burger cost