If they raise meal costs by $2 each...the public will go into a huge fit. The lowest cost of living standard in the US...I think...for a city of its size...is Detroit. You can still buy a house for $50k in the inner city.
20K
“The lowest cost of living standard in the US...I think...for a city of its size...is Detroit.”
I’m thinking Cleveland myself. However the highest per capita income in the US was Detroit . . . in 1950. Sixty three years of Democrat mania ruined that.
Not that long ago, houses were selling for $1 in Detroit and no takers.
I think for $50,000 you could buy several houses in inner city Detroit and some other cities as well. That area of Cincinnati where the women were held prisoner- I saw where those houses are valued at $30,000 but claims are that they bring closer to $8,000-$12,000.
More like about $10K or less. Nobody wants to buy a house in a "city" with no municipal services.
If I go to McDonalds, it's to get 2 McDoubles, from their "Dollar Menu." Discard 1/2 the buns, and make 1 bigger sandwich from them. I recall when the Quarter Pounder was released, at $.59, $.69 for a quarter w/ cheese. That same burger is now about $4.00. I won't pay nearly $7.00 for a meal at McDonalds, but if the $15 minimum wage is imposed on Mickey D's, look for that same "value meal" to jump to about $14.
Mark