My calculation is dead on.
When you calculate that the price of fast food will go up 4.25% because of this legislation and in a similar locality, a lesser increase in minimum wage resulted in an over 50% increase in the real life price of fast food... that means that your calculation is meaningless.
Unfortunately your perceptions and observational skills apparently never developed properly from childhood. Your first lesson is this. When objects are close to you they look bigger than when the same object when it is further away. Cows who are far away are not actually miniature cows. Lets just call that the near/far principal.
When you are looking at the hand of someone who is trying to impress you with costume jewelry and who has leased an expensive car, it has no connection to whether their business is successful or not. It just means that they believe that you are a simpleton who probably does not have even a good grasp on the “near/far principal”.