I wonder what they’ll do when people decide $5 for a plain kids hamburger and 25 for big mac is too high and mcdonalds closes.
Thing is, is fast food difficult or mentally challenging to any degree? What about the rest of non-management retail? The kids working at the fast food restaurants don’t have a clue.
In Europe, due to wages, there are fewer opportunities to start up a business and there are fewer fast food restaurants. Most of these fast food joints are owned by the politically connected. There are literally no little people acquiring franchises to sell burgers. The US is headed that way too if wages jump to $10 or $15, and we too will see fewer fast food joints!