Source: Orange County Register
by John Phillips
“On April 1st, California’s brand new $20-an-hour minimum wage for fast food workers took effect, and surprise surprise fast food chains are jacking up their menu prices across the board. According to data from Kalinowski Equity Research and cited in The New York Post, Wendy’s has hiked prices by roughly 8 percent, while Chipotle raised theirs by 7.5 percent, Starbucks went up by about 7 percent, Taco Bell by 3 percent, and Burger King increased theirs by 2 percent, the report found. What’s next? The McDonald’s drive-thru lane may have to start charging tolls. Burger King could offer free estimates. A lay-away plan at Wendy’s? Also, Wendy has an OnlyFans page now. Some franchises even raised their prices ahead of time, in anticipation of the new law. … I guess we should count our blessings. At least America wasn’t experiencing record-breaking inflation when all of this nonsense happened.” (04/23/24)
https://www.ocregister.com/2024/04/23/john-phillips-californias-fast-food-follies/