Brilliant- and exactly what happens every time they raise the minimum wage
Minimum wage increases also drop people out of the workforce who might have gladly or at least willingly worked for the old lower wage. Those jobs just disappear if they are not worth it. Not quite the same result as if McDonalds in a humanitarian spree bumped their own wages up. And these silly liberals ought to know that McDonalds customers are more price sensitive than those dining at the Ritz. No, the competition would not get robbed of much labor, as McDonalds would fill its jobs then have no more (so I disagree with Boortz here). This is talking about a hypothetical boost to wages of existing jobs, not creating more jobs. So the required price boost would be more than the liberals are claiming, which would reflect the diminished clientele. It would become a runaway process that would crash the business.
Also, if these liberals think McDonalds Corporation is earning too much... well they could always invest in McDonalds stock! And give the gains away to needy people (all of a sudden I envision crickets).