Posted on 04/19/2024 10:34:39 AM PDT by ChicagoConservative27
Fast food prices in Gov. Gavin Newsom’s (D) California jumped during the six-month period before the Democrat-run state mandated a $20 minimum wage in the industry, according to a study.
Prices rose seven percent during that time, the New York Post reported on Friday, citing a study from Datassential.
“California registered the highest rate of menu price inflation in the country in the period leading up to April 1 — when the minimum wage increase from $16 an hour to $20 an hour went into effect,” the outlet said in reference to the study.
(Excerpt) Read more at breitbart.com ...
when you know the salaries you pay are about to go up, you don’t wait to adjust prices afterwards, you do it in anticipation.
Had to get the down payment on the equipment they will need to replace the workers. I don’t blame them.
Plus with Calif high fuel prices, it is more expensive to ship meat/veg/supplies to Calif fast food places than other states.
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